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How to use the right performance metrics to make business decisions
In part one of this series, I discussed how the limitations of traditional performance metrics might stop your business from reaching its potential. In part two, I look at the different types of performance metrics you can use to complement traditional KPIs. Business owners might feel like they’re always putting out fires. But with better insight […]
Why you need to think beyond traditional business metrics
The finance department is a hub of strategic and operational insight in most businesses. But while they absorb high volumes of data, the outputs tend to be small and periodic, such as ‘revenue earned against targets for the third quarter’. Getting this information periodically, although important for business management, means that, by the time the […]
Business reporting: With great growth comes great complexity…
You want to grow your business. Doing so allows you to increase your market presence and profitability. These are likely to be two things you’ve been chasing from the beginning. However, with great growth comes great complexity and different types of business reporting to deal with. The bigger your business gets and the more international it becomes, […]
How can business leaders manage complexity in an evolving world?
Growth has always been a traditional marker of business success. It’s crucial to long-term survival, with the expansion of a company resulting in an increase of its market presence and profitability. However, with growth comes complexity, especially in an interconnected global business environment. To grow, your business needs to cope with different markets, increasing product […]
Choosing the right ERP deployment for your business growth
We are all more than familiar with the benefits that the cloud brings to our lives outside of work – we no longer have 100’s of CD’s filling our bookshelves, we use on demand streaming services to listen to music, which means we can be fickle with our music tastes without worrying about where we […]