From the dawn of time, humans have told stories. Why? Because they are easily relatable. Stories help us easily understand complex situations in engaging ways. So how good is your business at communicating its story? And how are you communicating your performance management story?
In 2017, the Performance Magazine editorial team interviewed Francesco Consolati, Advisory Business Solution Manager – Risk, Fraud and Performance Management at SAS –Italy. His thoughts and views on Performance Management are detailed below.
”In my opinion, the integration of analytics in the daily activities of any organization boasting a Performance Management System should be a high priority objective.”
We live in an era where huge amounts of information are being processed every day and usually this type of overload becomes inordinate. Fortunately here is where data visualization comes in, extracting meaning from data and presenting it in a comprehensive manner that can be subjected to interpretation.
When we think about the world we live in today, one of the first words to come to our minds is “data”. Huge, overwhelming amounts of data, both in our personal and professional lives. As people as increasingly applying the “visual is better” principle when trying to communicate information in the most effective way, there seems to be a real love story between personal performance and data visualization nowadays.
Business Intelligence and Performance Management make a great pair when it comes to generating value for organizations worldwide. Selecting a Business Intelligence framework that can accurately outline performances of our organizations makes for an excellent common practice in today’s technologically enabled business environment.