Linking KPI to your economic engine

Linking KPI to your economic engine

In the last post we looked at the Hedgehog Concept, and how it could be used to develop the vision, or Big Hairy Audacious Goal for your business. One of the elements of the hedgehog concept is the economic engine. Lets consider how we can start linking KPI to your...
Become brilliant with a Hedgehog

Become brilliant with a Hedgehog

For most businesses, carrying on the way you have always done things is no longer an option, you need to change and adapt to survive. In this article we take a look at the hedgehog concept and see how that can help us . The world changes very very quickly. New...
Never select measures from a list of KPIs

Never select measures from a list of KPIs

If you are designing a scorecard or a performance dashboard you will, no doubt, be tempted to look at what other organisations measure. If you look around the internet there are lots of lists of KPI for all sorts of situations, for different industries, for different...
How to set business goals

How to set business goals

Knowing your business goals is essential to Designing effective KPIs Good KPIs should measure the things that will help you achieve your goals. It follows logically that before determining what to measure we need to know where we want to go. Does your business have a...