KPI Definition

Without a succinct and relevant set of KPIs, organizations are often burdened with non-actionable data in which stakeholders often become frustrated and the analytics program stalls for extended periods of time. You need to be able to get the right data in front of the right people, and that data needs to be actionable.

A true KPI is:

  • Tied directly to an objective
  • Rated or graded
  • Time Sensitive
  • Embraced by the Organization

Avoiding a “one size fits all” approach for utilizing KPI’s is highly recommended. To avoid this pitfall, we meet with key stakeholders to understand how your organization defines success and develop strategic KPI’s that are tailored to your business. Specifically, we follow the below process:

kpi definition

Additionally, Stratigent can distribute KPI data across your organization efficiently in a relevant and engaging format with the Dashboard Design and Automation solutions. For hands-on training on identifying key metrics, KPI development, and Dashboard Design see our Stratigent Workshop Series.