Building KPIs for Data-Driven Strategy
45mIntermediate2025-01-08
Authors
Bill Shander
CEO and Founder of Beehive Media
Course details
Let’s face it. Your KPIs matter. But how can they support your overall business strategy? In this course, instructor Bill Shander shows you how to create measurable KPIs to support business strategy, incorporating metrics and following best practices for reporting. By the end of this course, you’ll be prepared to use visuals in your reporting and leverage both dynamic and static KPI tools.
Learning objectives
Differentiate between basic business metrics and true KPIs, and explain why KPIs matter.
Explain the importance of measuring and reporting KPI data.
Follow best practices for creating KPIs and measuring and reporting KPI data.
Incorporate metrics into KPIs.
Learning objectives
Differentiate between basic business metrics and true KPIs, and explain why KPIs matter.
Explain the importance of measuring and reporting KPI data.
Follow best practices for creating KPIs and measuring and reporting KPI data.
Incorporate metrics into KPIs.
Skills covered
Business IntelligenceData AnalysisData ScienceBusiness Analysis and StrategyBusiness Software and ToolsOne-Off
Concepts
0. Introduction
- 01 - Develop effective KPIs
1. What and Why
- 02 - What are KPIs really
- 03 - Why should I care about KPIs
2. Measuring
- 04 - Defining goals and objectives
- 05 - Figuring out what to measure as KPI
- 06 - Additional considerations for KPI measurements
- 07 - Qualitative KPIs
- 08 - What not to measure in a KPI
- 09 - Handling measurements difficult to capture in a KPI
- 10 - The nuances of how to measure KPIs
- 11 - Data literacy considerations for KPIs
3. Reporting
- 12 - KPIs - Rates vs. values
- 13 - Benchmarks for KPIs
- 14 - Going visual
- 15 - Dynamic vs. static KPI tools
Conclusion
- 16 - Dig a bit deeper