The Effect Correlation Score for KPIs

This content discusses the importance of aligning enterprise efforts with goals through proper performance management and strategies. It introduces the concept of an "Effect Correlation Score" (ECS) to validate the validity of efforts and KPI statuses in a constantly changing, competitive world. The ECS measures the correlation between a cause and its intended effect and is a crucial aspect of Performance Management planning. It warns against blindly pursuing good KPI statuses without considering ongoing changes and correlations, and highlights the complex nature of cause-and-effect relationships within strategies. The post proposes the implementation of ECS in Performance Management to validate relationships and ensure their continued relevance.

Bridging Predictive Analytics and Performance Management

Update note on June 10, 2023: This blog is very old and much has changed since 2010. Performance Point is no longer a thing, Predictive Analytics is now Machine Learning. However, the main message about the importance of the Strategy Map still stands. The notion of a Strategy Map as the primary BI object of … Continue reading Bridging Predictive Analytics and Performance Management