
## Metadata
- Author: [[Avinash kaushik|Avinash Kaushik]]
- Full Title:: TMAI #448: 🎯Get KPIs Right! And, Metrics + Influencing Variables.
- Category:: #🗞️Articles
- Read date:: [[2025-03-23]]
## Highlights
> data is a crucial instrument that turns strategy into distraction-free focus, accountability, and, initiatives that’ll yield incremental profits. ([View Highlight](https://read.readwise.io/read/01jng2b5d51gtfgzwn3hht70jp))
> In these cases, I fix something basic: Separate out the Critically Crucial from Diagnostically Helpful from Minor Bits. ([View Highlight](https://read.readwise.io/read/01jnh446kjbk9fctm159qyg7yt))
> A **Key Performance Indicator** (KPI), is a metric whose movement directly impacts the company’s bottom line. ([View Highlight](https://read.readwise.io/read/01jnh45wp8qzvjtavsvfcqymf1))
> A **Metric** is a number that is used to track performance. ([View Highlight](https://read.readwise.io/read/01jnh461g38zngbfhzzwpve761))
> An **Influencing Variable** (IV) is a number that most often explains the performance of a Metric. ([View Highlight](https://read.readwise.io/read/01jnh4655ca9zhthvbw315p1vn))
>  ([View Highlight](https://read.readwise.io/read/01jnh467x6s18d7066qj2gqkrd))
>  ([View Highlight](https://read.readwise.io/read/01jnh467wc8xcknhkcg7bj0ndq))
>  ([View Highlight](https://read.readwise.io/read/01jnh467xqeh3a7dbk39zbqx0v))
> Do you now understand why I insist in my Strategic Consulting practice: **Please,** ***please*****, no more than four KPIs for the entire business!** ([View Highlight](https://read.readwise.io/read/01jnh46qgs438q0962z3es5naj))