Practical sheet | REF: FIC0341 V1

How do you define relevant indicators to measure system performance?

Author: Olec KOVALEVSKY

Publication date: July 10, 2014 | Lire en français

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    7. Mistakes to avoid

    7.1 Don't accumulate low-frequency indicators

    Avoid having a high proportion of indicators with a low frequency of calculation, such as annual. It's difficult to manage activities with annual indicators. General accounting (balance sheet, income statement) is a good example. Business leaders need and make sure they have regular (at least monthly) statements to steer the company's economic performance.

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    7.2 Don't multiply the number of indicators per entity

    Avoid multiplying the number of indicators...

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