From the point of view of the company management, a large portion of information requirements can be translated into Key Performance Indicators (KPI), whose tracking and monitoring is essential for an organization to function efficiently. The awareness that the effectiveness of business processes can be expressed using numerical values brings the objectives of persons responsible for the execution of individual processes closer to the company’s strategic objectives. Indirectly, they impose a discipline and regularity in the work of all people – from an operational level up to management.
Necessary Business Intelligence
In today’s business environment characterized by the accumulation of information from various sources (transactional systems, spreadsheets, intranet and other), it is not possible to make a KPI analysis without a Business Intelligence (BI) solution. As with other tools for corporate performance management, after the implementation and the first period of the BI system operation, it is the time to determine its quality and to make decisions on the directions of its development.
A measure of the BI ...