Performance Change Monitoring
Learn big-business management secrets to succeed with your business!
Big businesses use powerful marketing techniques and business-intelligence software to know what
is working and what isn’t.
Those tools have not been applied to smaller businesses, until now.
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Articles
How to Avoid Unpleasant Business Surprises
If you are the owner or manager of a business, one of your worst fears is that you wake up one day and find that your business has gone into a steep decline. You find out too late that there was a brewing problem in one of your products, departments or units. The problem has grown so big you can't fix it without a major, painful, and expensive correction.
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What to Look For
If you own or manage a business, you are keeping close watch on your "key performance indicators" (KPIs) such as sales, gross profits, days' supply of inventory, or any number of other such measures. But are you able to spot changes in performance that could signal either an opportunity or threat to your business?
What is a "change in performance"? Here is an example of a news article that illustrates what we mean
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Why You Should Reconsider a Key Principle of Performance Management
If you own or manage a business, and you are concerned about being "blind-sided" by changes in lower levels of your organization, you will need to be monitoring a lot of key performance indicators (KPIs).
Most books by experts on performance management say you should limit your KPIs to fewer than 20. Otherwise, they warn that you will be drowning in data, and won't be able to focus.
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