Performance measurement

More about the book

Business Intelligence (BI) and Performance Management (PM) are essential for delivering business insights and managing execution based on those insights, yet many organizations struggle to harness their full potential. The primary barriers are often rooted in organizational culture and leadership. These factors significantly influence the prioritization and strategic approach to BI and PM. Unfortunately, many organizations resist embracing transparency and accountability, hindering alignment with their strategic goals and impeding effective execution. When leadership is prepared to foster a culture of openness and collaboration, positioning BI and PM at the core of their strategy, the next challenge arises: determining the best starting point for implementation. Even with strong strategic intentions, missteps in developing and deploying BI and PM can lead to disillusionment, reinforcing skepticism among stakeholders and risking the failure of these vital initiatives. Thus, understanding how to navigate these challenges is crucial for organizations aiming to leverage BI and PM successfully.