Operational Indicators
Generating Business Performance Reports
Comprehensive Overview of Metrics
Creating Effective Dashboards
Metrics
Management
Foster Organizational Change through Data
Performance Review
BI Tools for Enhanced Business Performance 
These tools enable businesses to collect, analyze, and visualize data, providing insights that can lead to improved
operational efficiency, increased revenue, and better customer satisfaction
...Dashboards: Interactive interfaces that provide an overview of key performance
indicators (KPIs) and metrics
...
Generating Business Performance Reports 
These reports provide insights into key performance
indicators (KPIs) and help organizations assess their
operational efficiency, financial health, and overall effectiveness
...
Comprehensive Overview of Metrics 
Types of Metrics Metrics can be categorized into several types based on their purpose and application: Key Performance
Indicators (KPIs): These are critical metrics that help organizations measure their success against strategic goals
...Operational Metrics: Metrics that assess the efficiency of day-to-day operations
...
Creating Effective Dashboards 
They provide a visual representation of key performance
indicators (KPIs), metrics, and other relevant data, allowing organizations to monitor their performance and make informed decisions
...Effective dashboards serve various functions, including: Monitoring: Track performance and
operational metrics in real-time
...
Metrics 
following table summarizes the primary types of metrics used in business: Type of Metric Description
Operational Metrics Measures the efficiency and effectiveness of day-to-day operations
...Key Performance
Indicators (KPIs) Key Performance Indicators (KPIs) are specific types of metrics that are critical for measuring the success of an organization
...
Management 
Operational Management: Deals with the day-to-day operations and ensures that the business runs smoothly
...Performance Measurement: Establishing key performance
indicators (KPIs) to evaluate the success of business initiatives
...
Foster Organizational Change through Data 
By analyzing
operational data, businesses can pinpoint bottlenecks, reduce costs, and enhance productivity
...Key performance
indicators (KPIs) can be established to track progress and outcomes
...
Performance Review 
Key Performance
Indicators (KPIs) To effectively evaluate employee performance, organizations often use Key Performance Indicators (KPIs)
...Employee Engagement Employee satisfaction score, retention rate
Operational Efficiency Cost savings, process improvement metrics Challenges in Conducting Performance Reviews While performance reviews are a valuable tool,
...
Actions 
These actions can be strategic or
operational and are often analyzed through various frameworks in business analytics and data analysis
...Measuring the Effectiveness of Actions To ensure that actions taken are effective, businesses should establish key performance
indicators (KPIs) to measure success
...
Business Insights Collection 
Overview Business insights are critical for organizations striving to improve their
operational efficiency and competitiveness
...Reporting: Generating regular reports that summarize key performance
indicators (KPIs)
...
Selbstständig machen mit Ideen 
Der Weg in die Selbständigkeit beginnt nicht mit der Gründung eines Unternehmens, sondern davor - denn: kein Geschäft ohne Geschäftsidee. Eine gute Geschäftsidee fällt nicht immer vom Himmel und dem Gründer vor die auf den Schreibtisch ...