Tag: kpi

KPI Status Relationship Graph Revisited with LLMs

Introduction Back in 2006, I developed an ambitious idea that, though ahead of its time, now poses exciting possibilities in our data-driven era. The concept was simple yet potent: to construct a graph mapping various elements (such as database columns and parameters) used in formulas across Key Performance Indicator (KPI) statuses. The aim was to … Continue reading KPI Status Relationship Graph Revisited with LLMs →

Levels of Pain – Refining the “Bad” side of the KPI Status

Everything we do towards achieving goals involves costs - sacrifice, investment (a positive way to look at it). We purposefully put things we already have (time, money, our career) to be consumed or at risk in the hope of achieving a goal. For the sake of this short blog, I'll call that investment "pain". I present this blog … Continue reading Levels of Pain – Refining the “Bad” side of the KPI Status →

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.