Metadata
- Author: 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)
In these cases, I fix something basic: Separate out the Critically Crucial from Diagnostically Helpful from Minor Bits. (View Highlight)
A Key Performance Indicator (KPI), is a metric whose movement directly impacts the company’s bottom line. (View Highlight)
A Metric is a number that is used to track performance. (View Highlight)
An Influencing Variable (IV) is a number that most often explains the performance of a Metric. (View Highlight)
(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)