Fewer than 20% of companies say that “everyone” in their business gets the numbers they need to make day-to-day decisions (according to The Advanced Performance Institute). To steer the business properly, leaders need a long list of KPIs – usually on a monthly basis. That list can get shorter, when data for metrics becomes real-time.
- Assess your current KPIs by business function, role, and department
- Consider real-time readiness and maturity, in context of people and data sources
- Create a KPI roadmap and action plan, prioritize by readiness and business value
- Choose the “best” KPIs and commit the right resources