What are financial ratios and why financial ratios are important? Managers and decision makers in every business deal with a lot of information on a daily basis. Average manager deals with a lot of financial data, reports, spreadsheets, targets, performance results… …overloaded with too much data managers can easily lose track of what is really … Read more
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In a super competitive world we have today every business organization needs to run effectively and efficiently. Business intelligence as a function in every business is a must today. Business intelligence as a business term might not be familiar to many business managers, however it is the most crucial and important function when it comes … Read more
Once in a while every business person needs to step back and reevaluate the top KPIs that drive the business results. What you measure is what you get so it is without a doubt an important initiative to reevaluate your current KPIs and metrics. No purchasing scorecard or any other scorecard is forever but it … Read more
Business scorecards and management dashboards are part of almost every organizational performance measurement system; however most of the attention has been paid to the technology behind various business dashboard systems. This quick guide for managers focuses on the best practices for selecting, developing and managing your key performance indicators (KPIs) and business metrics. After all, … Read more
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