BA Learnings

MARCH 26, 2020

While some companies identify business benefits with the sole intention of getting business cases approved, more mature companies tend to devote their resources to tracking and measuring these business benefits after the projects have been concluded. This is particularly central to fostering continuous improvement.

Key Performance Indicator 207

Key Performance Indicator Cost-Benefit ROI Measurement 207

Jet Global

JUNE 24, 2021

A non-profit key performance indicator (KPI) is a numerical measurement that gauges the ability of a non-profit organization in accomplishing its mission. Non-profit metrics quantify the organization’s many endeavours in extending its impact on society. How to choose the right non-profit metrics?

Metrics 98

Metrics Reporting KPI Measurement 98

Jet Global

NOVEMBER 2, 2021

A supply chain key performance indicator (KPI) is a quantitative measure that evaluates the effectiveness and performance of a company’s supply chain. Why Should Supply Chain Management Measure KPIs? Metrics help supply chain management track its progress in achieving its goals and respond quickly if needed.

Metrics 52

Metrics Reporting KPI Key Performance Indicator 52

Jet Global

JUNE 24, 2023

A non-profit key performance indicator (KPI) is a numerical measurement that gauges the ability of a non-profit organization in accomplishing its mission. Non-profit metrics quantify the organization’s many endeavours in extending its impact on society. How to choose the right non-profit metrics?

Metrics 52

Metrics Reporting KPI Measurement 52

Occam's Razor

MAY 19, 2014

But the problem is that single golden metrics hide valuable insights and, more often than not, drive bad behavior. Here's my proposal: If you are pushed to have a single golden metric, give it a partner. The key is the immediately adjacent part. The BFF metric you find should not be one that is very far away.

Metrics 159

Metrics Key Performance Indicator Analytics Marketing 159

Smart Data Collective

MARCH 14, 2022

Data analytics technology is becoming a more important aspect of business models in all industries. The importance of customer loyalty and customer service has become increasingly well-known and companies have needed to adapt their business models accordingly to gain a competitive edge. This is a key stage for customer retention.

Modeling 99

Modeling Analytics Sales Key Performance Indicator 99

Occam's Razor

MARCH 25, 2014

In a world of infinite choice, the ability to pick critical few metrics to focus on is, well…, critical. I recently had an opportunity to recommend to a group of CEOs everything they should measure for everything they should do with digital. Best Digital Metrics: Own Existences/Strategies. this is a non-trivial challenge.

Metrics 155

Metrics Marketing Strategy Key Performance Indicator 155

Occam's Razor

APRIL 8, 2013

To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. This should not be news to you. But it is not routine.

Metrics 156

Metrics KPI Analytics Key Performance Indicator 156

Smarten

APRIL 12, 2023

Smarten CEO, Kartik Patel says, ‘Smarten SnapShot supports the evolving role of Citizen Data Scientists with interactive tools that allow a business user to gather information, establish metrics and key performance indicators.’

Snapshot 52

Snapshot Key Performance Indicator KPI Business Intelligence 52

Occam's Razor

JULY 22, 2013

Most of the frameworks we have also don't optimally capture the complexity of digital marketing and measurement. We (oh how I hate this) apply irrational and "narrow-view" measurement strategies toward understanding what is successful and what's not. The See – Think – Do Framework: Measurement Strategy.

Measurement 163

Measurement Marketing Key Performance Indicator Metrics 163

Occam's Razor

AUGUST 11, 2014

In the post Adil commented that he's observed that attribution modeling is missing from most web analytics dashboards. My reply was that attribution modeling might not be present in a physical manner, but that it should be there below the surface to ensure our executives have a smarter understanding of a channel's true contribution.

Metrics 147

Metrics Dashboards Key Performance Indicator B2B 147

Occam's Razor

APRIL 23, 2012

You know the drill: Measure. While there is a great deal of appreciation for the power of metrics/data, I've come to realize that Sr. Leaders don't quite appreciate the deep, and often corrosive, consequences of choosing metric x over metric y as a key performance indicator (KPI).

Measurement 152

Measurement Key Performance Indicator Metrics KPI 152

Decision Management Solutions

JUNE 4, 2021

Define the metrics or key performance indicators (KPIs) they want to improve: But analytics cannot magically improve metrics—they can only tell you if your analytic investment was worthwhile. Imagine actually deriving measurable business impact from all the great analytics technologies you’ve invested in.

Analytics Technologies 52

Analytics Technologies Technology Modeling Key Performance Indicator 52

CIO Business Intelligence

JUNE 9, 2023

Leveraging that data, in AI models, for example, depends entirely on the accessibility, quality, granularity, and latency of your organization’s data. To derive data management’s ROI, your organization can use your relevant key performance indicators (KPIs). Without it, organizations incur a significant opportunity cost.

Strategy 114

Strategy Management Key Performance Indicator ROI 114

Occam's Razor

JUNE 10, 2013

I wish we did not have this desire to pulpify a bunch of metrics to produce something recognizable. Here's a summary of our journey in this delightful post… ~ What are Compound Metrics? ~ The Challenge with Compound Metrics: Social Media Edition. Let's go… What are Compound Metrics?

Metrics 140

Metrics Analytics Key Performance Indicator Measurement 140

Occam's Razor

DECEMBER 12, 2011

I am going to attempt to significantly simply your life by recommending the critical few metrics you should use to analyze performance of your digital marketing campaigns and website. Recommend metrics / KPIs you can use based on the size of your company. Best Metrics / KPIs for Small Business Websites. But not to worry.

Metrics 151

Metrics Key Performance Indicator Measurement Optimization 151

datapine

JUNE 18, 2019

These are powerful tools that you can apply to increase internal business performance. A data-driven finance report is also an effective means of remaining updated with any significant progress or changes in the status of your finances, and help you measure your financial results, cash flow, and financial position. Amount of errors.

Reporting 251

Reporting Metrics KPI Finance 251

IBM Big Data Hub

JANUARY 16, 2024

Typically, these measures should be undertaken by a dedicated development team or through a product development partnership with an experienced and specialized consultancy. Depending on the product, this phase may also involve wire-framing and modeling as well as costing the price of materials or server space.

Strategy 81

Strategy Cost-Benefit Testing Manufacturing 81

Occam's Razor

JULY 18, 2011

The only requirement is that your mental model (and indeed, company culture) should be solidly rooted in permission marketing. You just have to have the right mental model (see Seth Godin above) and you have to… wait for it… wait for it… measure everything you do! Just to ensure you are executing against your right mental model.

Metrics 137

Metrics Marketing Measurement Cost-Benefit 137

datapine

SEPTEMBER 4, 2019

Through dashboards, organizations can quickly identify current and historical performance. Organizations can also further utilize the data to define metrics and set goals. An effective dashboard combines information dynamically to measure performance and drive business strategy. b) CMO strategic dashboard.

Dashboards 263

Dashboards Analytics Key Performance Indicator Sales 263

Smarten

DECEMBER 3, 2023

It also augments the expert and citizen data scientists by automating many aspects of data science, machine learning, and AI model development, management and deployment.’ ‘You If you are not already familiar with the term, ‘Citizen Data Scientist,’ you might want a definition of that term as well. What is self-service analytics?

Key Performance Indicator 52

Key Performance Indicator Analytics IT Predictive Analytics 52

Occam's Razor

JANUARY 4, 2022

We can all use head fake metrics to calling out useless activity metrics. [ None of them are KPIs, most barely qualify to be a metric because of the profoundly questionable measurement behind them. ]. Conversion Rate obviously is a fine metric. Conversion Rate is a fine metric. Yada, yada, yada.

KPI 127

KPI Advertising Metrics Measurement 127

CIO Business Intelligence

JUNE 23, 2022

If the data used to fuel AI/ML models is inaccurate, incomplete, or outdated, the models won’t deliver the desired outcomes. Data is the key raw material for analytics and decision-making. A key supply chain management metric used to evaluate the performance of physical supply chains is OTIF – On-Time-In-Full.

Data Quality 98

Data Quality Key Performance Indicator Metrics KPI 98

datapine

AUGUST 7, 2019

SaaS tools enable you to choose the best delivery model that corresponds with your business requirements and adapt it as your business changes. Moreover, as a SaaS metrics dashboard serves all of your data in one centralized space, you don’t need to waste time logging into different applications or platforms to source the insights you need.

Dashboards 168

Dashboards Management KPI Cost-Benefit 168

IBM Big Data Hub

DECEMBER 13, 2023

Stakeholder engagement is key to ensure the strategy is well-planned and supported throughout the organization. Determine business objectives Define specific measurable, achievable, relevant and timely (SMART) objectives for the procurement function. Gather diverse insights, understand needs and manage expectations.

Strategy 71

Strategy Cost-Benefit Key Performance Indicator Consulting 71

Occam's Razor

JANUARY 4, 2016

The specific metric I've been mad about since day one of this blog ( May 14th, 2006! ) It is measured as Orders/Visits. [Or, Built into that is the mental model that if you visit a website, then every Visit has to result in money for the site owner. Metrics create incentives, bad metrics create bad incentives.

Metrics 88

Metrics Analytics Cost-Benefit Key Performance Indicator 88

IBM Big Data Hub

JUNE 29, 2023

Continuous monitoring and performance management Integrated Business Planning is an ongoing process that requires continuous monitoring of performance against plans and targets. Key performance indicators (KPIs) are established to measure progress and enable proactive management.

Key Performance Indicator 81

Key Performance Indicator Forecasting Data Integration Sales 81

datapine

MAY 11, 2022

Real-time number charts are particularly effective when you’re looking to showcase an immediate and interactive overview of a particular key performance indicator, whether it’s a sales KPI , site visitations, engagement levels, or a percentage of evolution. c) Pie charts. d) Gauge charts. e) Bar or column chart. d) Area chart.

Visualization 252

Visualization Dashboards Key Performance Indicator Sales 252

datapine

APRIL 9, 2019

By leveraging HR KPIs (Key Performance Indicators), which are measurements that enable businesses to track very specific areas of human resources-related data, companies like yours can continuously and consistently improve their HR capabilities. Also, problems can be handled before they negatively affect the organization.

Reporting 155

Reporting Dashboards Metrics Cost-Benefit 155

Occam's Razor

JUNE 28, 2011

Web Analysts are blessed with an immense amount of data, and an amazing amount of valuable, even sexy, metrics to understand business performance. Yet our heroic efforts to report the aforementioned sexy metrics lead to little business action. Since crappy sounds bad, let's just say you are reporting super lame metrics.

Metrics 126

Metrics Measurement Key Performance Indicator Reporting 126

FineReport

MAY 31, 2023

A financial dashboard, one of the most important types of data dashboards , functions as a business intelligence tool that enables finance and accounting teams to visually represent, monitor, and present financial key performance indicators (KPIs).

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

FineReport

APRIL 3, 2024

Key Features of BI Dashboards: Customizable interface Interactivity Real-time data accessibility Web browser compatibility Predefined templates Collaborative sharing capabilities BI Dashboards vs. BI Reports: While both dashboards and reports are pivotal in business intelligence, they serve distinct purposes.

Dashboards 52

Dashboards Visualization Metrics Interactive 52

CIO Business Intelligence

JANUARY 23, 2024

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). He suggests, “Choose what you measure carefully to achieve the desired results.

Measurement 136

Measurement Digital Transformation KPI Metrics 136

FineReport

MAY 18, 2023

However, on the other hand, it serves as a preventative measure for both the company and the employees involved. On the other hand, it’s a valuable tool for improving its performance. It includes metrics like gross margin, net profit, and return on investment (ROI). When creating a dashboard, keep these factors in mind.

Reporting 52

Reporting Management Key Performance Indicator Dashboards 52

IBM Big Data Hub

FEBRUARY 23, 2024

DL models can improve over time through further training and exposure to more data. When a user sends a message, the system uses NLP to parse and understand the input, often by using DL models to grasp the nuances and intent. Prioritizing tracking metrics accurately measures the success of your implementation.

Enterprise 104

Enterprise Interactive Data-driven Key Performance Indicator 104

AWS Big Data

OCTOBER 11, 2023

Near-real-time streaming analytics captures the value of operational data and metrics to provide new insights to create business opportunities. These metrics help agents improve their call handle time and also reallocate agents across organizations to handle pending calls in the queue.

Management 101

Management Metadata Analytics Dashboards 101

datapine

FEBRUARY 4, 2020

Management thinker Peter Drucker once stated, “if you can’t measure it, you can’t improve it” – and he couldn’t be more right. Using the right marketing KPIs (key performance indicators) is a good start – what is now left is finding a way to organize it all in a way that makes sense and brings value. click to enlarge**.

Reporting 280

Reporting Marketing Advertising Metrics 280