Key Metrics for Business Decision Effectiveness
We’ll provide greater insight to more effectively execute your corporate strategies through techniques including Benchmarking, Balanced Scorecard, and Key Performance Indicators. These metrics empower your decision-makers to both evaluate the effectiveness of past decisions and better envision future outcomes.
Key Metrics Identification
When you have determined your management’s key business decisions, we assist you in identifying the key variables behind these decisions. This information can range from raw data such as product-assembler labor hours worked, to the output of complex models with many input values, such as a model of expected future power costs.
Key Metrics Evaluation
To enable your company to complete its initial key metrics inventory, we assist you to assess the relative value versus cost of reporting the identified key metrics. In identifying the value of this information, we would consider factors including the number and estimated dollar magnitude of the related decisions where it is needed. Once these strategy execution metrics have been adopted, we can assist you with identifying the best value solutions to clearly and timely report them.
Identification of essential business decision information depends on well defined and aligned corporate strategies
With many key business decisions based upon execution of corporate strategies, it is critical to closely align them with the related corporate objectives they were designed to implement. We utilize multiple techniques such as strategy mapping to enable you to better align your corporate strategies to the related objectives both horizontally and vertically throughout your company.