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| Business Performance and Information Excellence Practice
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BiPM ENCYCLOPEDIA →
Performing Enterprises →
SECTION - Execution Management →
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CHAPTER - KPIs & Metrics Management
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The KPIs and Metrics are the building blocks of a performance management infrastructure. They have more to do with 'human Intelligence' than 'business intelligence'. This is purely a business subject.
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Topics
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This pages covers the features of KPI-Metrics which lay the foundation of their sound management and application. Some of the imperatives of KPIs-Metrics are - Actionable, analyzable, balanced and aligned.
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A KPI needs to be defined in fair degree of detail, so to ensure that there is a complete understanding and consistency on all possible aspects. This includes the categorization, calculation, exceptions, standards etc.
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One needs to limit the number of KPIs in a given view of a scorecard and dashboard. The simplicity and number of KPIs-metrics is driven by the frequency of performance review. Dashboards have simpler and lesser KPIs compared to a scorecard.
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All Chapters in "Execution Management." Section
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