5. Provide comparison based on the company's performance history

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Tracking current KPI performance against targets or historical averages provides users with insight into how things are progressing and enables decision-makers to better manage their performance.

The ability to visually alert users and provide drill-down reports into the data provides insight and context into what corrective action may be needed.

Therefore, choose KPIs that allow comparisons with previous periods and give you the opportunity to make better decisions.

6. Evangelize your team about metrics and KPIs
Often, simply having metrics and KPIs visible is not enough.
Users at all hierarchical levels bolivia mobile database need to understand how information aligns with all strategic, individual and departmental levels of the company.

Simply putting a dashboard on TVs to say that you are managing by sight is not enough. It is the same as distributing books in Mandarin to employees and saying that you value information.

We cannot ignore the fact that we do not have a data culture in the vast majority of Brazilian companies. Education to understand metrics and KPIs should be part of the process of implementing a dashboard.

7. You can never be too careful
It is important to determine whether the defined KPIs are actually relevant to achieving the strategic goals of the objective. Dashboards often have a “if you can measure it, then measure it” approach, and in this case, we may have 20 or more competitive KPIs to analyze. But are these metrics the right ones? Aren’t these metrics too many?

It is very important to stay on track and have the right metrics, even if they are few. Remember, each and every metric or KPI on a dashboard must be actionable, that is, it must allow you to take action on what is being displayed.