KPI’s and Data Analytics
“Turn Data into Decisions”
A Key Performance Indicator (KPI) is a measurable value that demonstrates how effectively a company is achieving key business objectives.
A KPI is only as valuable as the action it inspires. Too often, organizations blindly adopt industry-recognized KPIs and wonder why that KPI doesn’t reflect their own business and fails to affect any positive change.
Selecting the right KPIs for your team should be an inclusive and interactive process that involves feedback from analysts, department heads and managers, you! As you dive deeper into your analytics, you will gain a better understanding of which business processes need to be measured with KPIs and with whom that information should be shared.
Selecting the right KPIs will depend on your industry and which part of the business you are looking to track. Each company will use different KPI types to measure success based on specific business goals and targets. Financial KPIs may focus on the overall performance of the enterprise, while operation KPIs may focus on processes in departments such as sales, marketing or customer satisfaction.
BP Strategics will assess your goals and business objectives to identify the right KPI’s for growth.
We will connect your business goals with your IT and Data Analitics objectives and help you develop a detailed blueprint that enables your company’s business capabilities, leverages your current technology, considers industry and technology trends and provides a road map for your future. We provide recommendations and actionable items that can help you achieve your goals and position your company for growth.
Measuring, Tacking and Implementing Corrective Actions are key element of a successful business.