37: Secrets of Building Actionable KPIs w/ Mico Yuk

What problems do you have with key performance indicators (KPIs)? Are they actionable or not? How do you measure them? Today, I'm sharing a session that I did that was rated #1 at the Real Business Intelligence event at MIT back in 2017. It's called "Secrets to building actionable KPIs". Specifically, I discuss three of the more well-known and commonly used methods: Specific, Measurable, Achievable, Relevant, Timebound (SMART) Goals, Wildly Important Goals (WIGs), and Objectives and Key Results (OKRs). In this episode, you'll learn: [02:19] Are KPIs and metrics the same? Do you track KPIs? Metrics? Core competencies? [02:44] Key Quote: Living in KPI land, there's a lot of measurements, but you discover that not all measurements are created equal. - Mico Yuk [04:02] KPI Problem #1: Too many KPIs; focus on tracking 3-5, no more than 10. For full show notes, his book give away, and the links mentioned visit: https://bibrainz.com/podcast/37 Sponsor This exciting season of AoF is sponsored by our BI Data Storytelling Mastery Accelerator 3-Day Live workshop. Our next workshop on January 28-30, 2020 is now open for registration at a special early bird rate! Consider upgrading to the VIP option for extras including access to our online course. Many BI teams are still struggling to deliver consistent, high-engaging analytics their users love. At the end of three days, you'll leave with a clear BI delivery action plan. Register today!   Enjoyed the Show?  Please leave us a review on iTunes.