Discover courses on analytics, infographics, and more. In addition, learn about books on data and measurement.
- Congratulations, you did it!…You discovered the power of understanding numbers…in the workplace.…You discovered the most common errors…organizations make when they try and manage with numbers.…We discussed how you develop powerful and reliable metrics.…We looked at the keys to creating…a well-rounded system of metrics.…We walked through a performance measurement tune-up…for your organization.…And in the process, we saw the power of numbers:…how they can motivate and provide guidance,…how they can be tools for improvement and inspiration.…
But, you want more.…You're convinced of this power of numbers.…You're ready to lead your organization to greatness,…but you want to dig deeper into this world…of performance measurement.…Remember, people and numbers need to work together.…So while you may want to dive into courses…that cover the fundamentals of statistics,…the keys to understanding data analytics,…and the basics of developing visualization tools…for executive dashboards,…you'll also want to take courses…that discuss the development of goals and values…
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- Explain why metrics are necessary in business settings.
- Define KPIs.
- Identify the issue of attempting to reach 100% in a given metric.
- Summarize the limitations of metrics.
- Recall the three steps for making a metric understandable for employees.
- Describe the characteristics of an effective metric.
- Compare and contrast the costs and benefits of measuring too many versus too few metrics.
Skill Level Intermediate
Business Analysis Foundations: Fundamentals (2014)with Haydn Thomas2h 13m Intermediate
Balanced Scorecard and Key Performance Indicatorswith Jim Stice1h 17m Intermediate
1. How and Why We Measure
2. Errors and Challenges in Measuring
3. Developing a Good Metric
4. A System of Metrics
5. Performance Measurement Tune-Up
6. Above and Beyond
Next steps1m 57s
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