At the end of the day we all need just one thing...
Clear, Concise and Precise information that can facilitate management discussion and action, quickly.
KPI-Keep It Simple
Visually Key Performance Indicators (KPIs) need to be simple. Avoid the "fluff" and the temptation of creating flowery good looking graphics that don't convey meaning. KPIs are a management tool that (hopefully) are used by management in their day to day operations. They should be designed to convey information visually and quickly so management can quickly evaluate the impac
The bar chart is the most commonly used method for the visual representation of data and key performance indicators (KPIs) in the business world. Bar charts are as commonplace as they are easy to create and interpret. They are a very common sight on performance dashboards including ezzykpi.com.
How Bar Charts Work
Bar charts group data into bars with lengths proportional to their val
Evaluating sales people purely on the sales they generate can produce distorted results. Salespeople by their nature seek at maximize sales with the least path of resistance. That could entail sacrificing gross profit margins, trading terms, delivery and other "deemed" incentives. To review those financial statements knowing your sales have increased only to find that profits have be
The list of reasons why SME's fail range from inadequate funds, ability to manage growth, being technical rather than managerial, to a lack of formal planning. Generally, top of this list is good old fashioned record keeping and the need to act on the resultant data. The ability of businesses to track their income, expenses and underlying key numbers coupled with the understanding or lack
Formal management meetings should be an integral part of all business operations both large and small. Results should be presented in a format that, at first glance, the message is clear and the discussions can focus on what's important.
One page summaries with key metrics in graphical format highlights areas of both concern and opportunity in an easily read and understandable format.