Selecting KPIs
Today’s rapidly evolving business landscape inundates senior leaders with vast volumes of data. While modern tools have made information more accessible, distinguishing meaningful insights from mere noise remains a significant challenge. Discerning which metrics are truly pivotal stands as the difference between being overwhelmed by irrelevant data and harnessing information that drives impactful decisions.
Our service directly addresses this challenge. Rather than presenting you with extraneous dashboards, we concentrate on refining the critical indicators that genuinely matter. With our expertise, you can transition from redundant reviews and presentations to a streamlined and expert management of your entire business system.
Our Approach
The advent of tools like PowerBI have meant we can produce enormous amounts of management information.
In a data-rich world, figuring out the critical few things to measure and monitor is the difference between “so what?” dashboards and visual management which drives incisive and timely action. Say goodbye to death by PowerPoint reviews of “so what?” dashboards and enter the world of expert management of your business system.
Imagine yourself in the cockpit of a plane. The pilot uses very few of those dials to fly the plane. The rest are diagnostic measures to look at if something is wrong. The same is true for our business cockpit.
Catalyst has practitioners with decades of experience ready to help guide you through this process:
- Build an Operational Scorecard
- Examine the options
- Leading versus Lagging
- Outcomes over Outputs
Once we have the right measures, we help you to get right measurement system in place and automated, including operational definitions for each measure
