Developing Innovation Management through the Use of KPIs
Today’s world is constantly changing. Markets change, grow, or shrink, consumers change and expect more for less.
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Today’s world is constantly changing. Markets change, grow, or shrink, consumers change and expect more for less.
At the end of 2018, the Performance Magazine editorial team interviewed Glen Rabie, CEO at Yellowfin, Australia. His thoughts and views on Business Intelligence (BI) Performance are presented in detail below.
I think the most successful organizations are those that are transparent, where there is a global understanding of the strategy and the KPIs required to achieve success.
There is no doubt that all companies aim to increase their overall performance and boost their revenues, no matter if they sell dairy products, second-hand furniture or petroleum products.
The number one obstacle to innovation is represented by unsupported culture. However, organizations that support a culture of innovation are generally value-driven, customer-focused, and implement strategies that are developed through complex interactions with customers, employees and other partners.
Moreover, they always try to identify where they stand on the market and manage what is to be done to improve their results through performance improvement methodologies such as benchmarking.
Have a look at your indicators that you use now – for targets setting and measurement. Is what you measure the right thing to measure? Do you measure something meaningful for your organization?
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