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BI & Analytics

KPI Expert Blogs

Timeless wisdom from the experts on KPIs & BI & Analytics.
Gary Cokins

Could Beethoven Implement Analytics-based Performance Management?

Posted by Gary Cokins over 8 years ago, 0 comments
Could the great classical music composer Ludwig Beethoven successfully implement analytics-based enterprise performance management (EPM) in an organization?
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Why Does Shaken Confidence Reinforce One’s Advocacy?

Posted almost 9 years ago, 0 comments
These last few years I have been mystified as to why the adoption rate of proven and valuable managerial methods and techniques are taking so long to be applied in organizations. Examples are business analytics, the balanced scorecard, and activity-based costing. Organizations that use them proclaim improved performance and better decision making. There is even empirical evidence in terms of financial results from Dr. David Norton, co-author with Professor Robert S. Kaplan of the Balanced Scorecard book series, that companies that have implemented their methods achieve superior results compared to their competitors.
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Stacey Barr

KPI Data Integrity Depends on 5 Rs

Posted by Stacey Barr almost 9 years ago, 0 comments
You depend on the quality of data and information to provide a stable foundation for your decision making. Decision making often involves responding to something, so you need your data to validly describe what you are responding to so that you choose the right responses.
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The 7 Performance Signals to Look For in Your KPIs

Posted almost 9 years ago, 0 comments
Your performance measures are there to give you advice about what is going on in your business so you can choose the most appropriate way to manage its performance. This means that you will choose different types of actions depending on what kind of advice your measure is giving you, or, what kind of signal it's giving off.
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Gary Cokins

Geeks are Chic

Posted by Gary Cokins almost 9 years ago, 0 comments
A managerial movement is now picking up steam: organizations are applying business analytics to gain insights to determine good decisions and best actions to take. This topic was once the domain of “quants” and statistical geeks developing models in their cubicles. Today, applying analytical methods is on the verge of becoming mainstream.
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Can Business Analytics Outperform Humans at Multitasking?

Posted almost 9 years ago, 0 comments
Science is proving that people underestimate how well they can multitask – doing or thinking about multiple things at the same time. People are actually fairly poor at it. Can analytics-based performance management software accomplish what the human brain cannot? In other words, can the portfolio of integrated methodologies that comprise the performance management framework embedded with business analytics behave like bees of a beehive or ants of an anthill, where each of the workers seems to instantaneously know what they should be doing for the good of their group?
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