If
you are new to this blog, and you probably are, since this blog is new itself,
you must be wondering: what is this guy writing about? Why on earth has he
picked KPI’s and metrics as a topic for a blog? Aren’t there much more exiting
topics to be writing about?
If I’d have the chance to provide you with an answer it would probably be: “Yes,
you are right. I could be writing about cars, celebrities, my favorite wines or
even politics. There are topics from the world of business that are way more
interesting than KPI’s or metrics. Buuuut…”
And this is where it starts: Understanding metrics and KPI’s is becoming increasingly
more important for comprehending business performance and managing it
effectively. This is owed to the fact that the economy is ever more strongly
driven by analytics. Numbers and indicators are ingrained within the very fibre
of the New Economy. Thriving in the New Economy will be what sets the
successful business apart from the unsuccessful ones in the years to come. The internet has enabled and is forcing businesses to focus on the numbers.
I encourage you acquire a basic understanding of what metrics are, how they
work and how you can apply them as Key Performance Indicators in your business.
I am by no means an expert on the topic and still have the majority of learning
ahead of me. That is why I invite you to join me in discovering this fascinating
and important topic.
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