Key Performance Indicator Objects

A Key Performance Indicator (KPI) is a measurable value that shows how effectively a company is achieving its key business objectives.

For each Objective , at least one measure or key Performance Indicator should be defined and tracked over time.

KPIs show progress towards a desired outcome.

Strategic KPIs monitor the implementation and effectiveness of an organization's strategies, identify the gap between actual and targeted performance, and determine the organization's effectiveness and operational efficiency.

Good KPIs;

• provides an objective way to see if the strategy is working,
• makes a comparison that measures the degree of performance change over time,
• focuses employees' attention on what is most important for success,
• allows measurement of achievements, not just the work done,
• provides a common language for communication,
• helps reduce intangible uncertainty.

You can start creating KPI objects by clicking the "New" button.

Key Performance Indicator Object Parameters

Unit of Measurement and Target Value

You must select a unit of measure from the Reporting Unit of Measure .

Then you can type "Target Value".

Realized Value Type And Realized Value

You need to select one of the following value types from the drop-down box. Then, you can enter an actual value.

• Manually Entered Data
• Periodic Data Loaded into the System
• SQL Query

Target Value Type And Target Value

You must select one of the following value types from the drop-down box. Then, you can enter a base value.

• Manually Entered Data
• Periodic Data Loaded into the System
• SQL Query

Minimum Value and Maximum Value

You can enter minimum and maximum values.

Determining Key Performance Indicator Object Statuses

After saving the "New Key Performance Indicator Object" screen, you can define "KPI Object Statuses" under the "Status Parameters" tab.

To define object states you need to write the following points.

• Starting Value
• End Value
• Value Range Name

Color Definition

You can define different colors for certain situations. You can also define colors for both the background and the text.

Icon Definition

You can choose one of the following icons:

• 
• 
• png">

Codes

You can write source codes under the relevant tabs below:

• Target Value SQL Source Code
• Actual Value SQL Source Code
• Graphics Source Code

Adding Value

"Target Values You can add target values under the " tab.

"Actual Values You can add actual values under the " tab.

Viewing Key Performance Relationships

All Strategy Components for which you have defined a valid KPI Object are listed under the "Key Performance Relationships" tab.

You can view the strategy component by clicking the relevant "Component" button.