Key-Performance Indicators (KPI)

Top 3 Data Visualization Types Preferred by Business People

As more and more businesses become data-centric, so have their communication style. Businesses have embraced data, yet there is so much of it, flowing in at such a fast pace, that it’s extremely hard to digest without intuitive pictures, charts and call-outs. This onslaught of data has transformed visualization tools from a nice-to-have, to a…

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3 Ways Healthcare Dashboards Can Boost Your Profit Margin

Today’s healthcare facilities produce a staggering amount of data from various systems such as electronic medical record systems (EMR/EHR), patient administration systems, clinical decision support systems (CDSS), human resources, financial systems, insurance systems, government agencies and more. That trend is only expected to accelerate. If you’re struggling to meet operational and profitability goals, rest assured,…

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How a Vacation to the Southwest Reaffirmed My View of KPIs

A couple of weeks ago, a work colleague from of our French office came for a meeting in our Arizona office followed by some vacation time.  What started as a work meeting turned into a lot of fun and a new friendship.  When my new friend and I sat down for our first beer, I asked him what his plans…

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The Dark Side of Business Intelligence

A well implemented reporting processes and tools can be scary for some.  If your company reporting tool relies on Excels, PDFs and PowerPoints, then there is always an opportunity for you to “tweak” the results.  It’s not necessarily lying but rather an adjustment.  Just enough so that the line chart looks steeper, numbers are rounded up (or down), tables…

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4 Key Performance Areas for Your Business

Your business has probably never moved faster. And the competition has probably never been more cutthroat. But there’s one thing that will give you a leg up in business—and that’s your data. That is, if you can stay on top of its non-stop growth and help your executives pull the right business intelligence from it.…

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Why Mobile First Companies Need to Rethink Their Metrics

Being a mobile-first company is no longer an option—it’s an expectation. As your company evolves to keep up with hyper-mobile and hyper-local customers, it’s likely you’re investing in new technologies, additional resources and fresh ways of approaching your operations. But, here’s an idea that may make you a bit uncomfortable: are your data and analytics…

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8 Critical Components of a Marketing Dashboard

You may think your marketing campaign is performing well, but how can you know for sure? And, how can you know that all your marketing efforts—social, digital, email, even PR—are working well together to move the dial on your business? It’s time to take the guess work out of your marketing strategy. Key performance indicators,…

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Why Do Clients Need More BI Consulting Training?

A BI consultant wears a lot of hats, but which one is the most important to his clients? After all, he consults with clients on their business needs, creates and designs reports and analytics, and evaluates BI tools that best serve their business objectives. But his main task just may be to retrieve tremendous amounts…

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Key Indicators in your Sales Dashboard

Sales dashboards can help you refine and streamline the efforts of your sales team by giving you the bird’s eye view of your department’s performance. But they can also help you track metrics, effectiveness and results for each rep on your team. These invaluable insights can serve to highlight which practices are returning the best…

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The Six Most Lucrative KPI Strategies May Not be the Most Obvious Ones

How do you pick your KPIs? Key performance indicators (KPIs) are needed to identify operational inefficiencies and risks, drive operational improvements, and exploit opportunities as they emerge. For an organization to succeed, KPIs are carefully chosen to create strategic competitive advantages and provide long-term value to the enterprise. These six guidelines for wielding the power…

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