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Hubble® is a registered trademark of insightsoftware.com international. © 2015 insightsoftware.com international. All Rights Reserved
Measuring What Matters for Companies and Teams
Prepared by:
Julie Holmes
Director of Strategy
Julie.holmes@gohubble.com
I Spy Some Rubbish KPIs
@julie_m_holmes
Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com
international. All Rights Reserved@julie_m_holmes
Hubble® is a registered trademark of insightsoftware.com international. © 2015 insightsoftware.com international. All Rights Reserved
• Clearly articulate strategy and goals
• Identify and articulate KPIs for those goals
• Ensure KPIs address all angles of a goal
• Be prepared to spot and avoid “rubbish” KPIs
Presentation Overview
People in business spend hours every day creating,
vetting and reviewing REPORTS and ANALYTICS.
These same people will tell you that they don’t even
know if what they are monitoring is actually the right
focus. In this educational session analytic experts will
share how to clearly identify and articulate goals, identify
steps to create meaningful metrics and provide warnings
on the common pitfalls for metrics and KPIs. This
session is ideal for anyone interested in making more
effective data-driven decisions at a personal, team or
company level. This session is part of the “Measuring
What Matters” series.
At the end of this session you will:
Hubble ® is a registered trademark of insightsoftware.com international. © 2015 insightsoftware.com international. All Rights Reserved
KPIs
(Key Performance Indicators)
3
Business
Critical
Tied to
Strategy
Measurable
Action Driving Unambiguous
Hubble ® is a registered trademark of insightsoftware.com international. © 2015 insightsoftware.com international. All Rights Reserved
10 Tips to Avoid Rubbish KPIs
4
Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com
international. All Rights Reserved@julie_m_holmes
#1 Understand WHY You Measure Performance
Common
Conversations
Replicate, Manage,
Refine, Acknowledge
Focus
Direct Behavior
Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com
international. All Rights Reserved@julie_m_holmes
#2 Understand Risks of Poor Measurement
Wrong Measures =
Wrong Actions
Confuse Employees
Measurement for
Rewards?
Cheating
Measuring Too
Much
Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com
international. All Rights Reserved@julie_m_holmes
#3 Create a Climate for KPIs
Stick or
Carrot
Sense of
Ownership
First Stop
for Status
Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com
international. All Rights Reserved@julie_m_holmes
#4 Select the Right Measures
Start with the
Destination
Important is a
Finite Resource
Action Driving
Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com
international. All Rights Reserved@julie_m_holmes
#5 Efficiency vs Effectiveness
Efficient • Doing Things Right
Effective • Doing The Right Things
Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com
international. All Rights Reserved@julie_m_holmes
#6 Lead, Lag and Everything In-between
Work
Backwards
from the Result
Ins and Outs
Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com
international. All Rights Reserved@julie_m_holmes
#7 Measuring the Immeasurable
If It Matters,
Measure It
Ask Questions
Qualitative vs
Quantitative
Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com
international. All Rights Reserved@julie_m_holmes
#8 Use a Framework to Start
Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com
international. All Rights Reserved@julie_m_holmes
#9 Set Goals & Use Planning
Measuring
Without a Goal
Is “Dumb”
Reassess and
Roll
Have Goals and
BHAGs
Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com
international. All Rights Reserved@julie_m_holmes
#10 Connect People Emotionally to Goals
Connect
Measures to
People You Serve
Connect
Employees to
People You Serve
Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com
international. All Rights Reserved@julie_m_holmes
You’re right! This is fascinating!
Interested in learning more about getting from
Data to Information and Information to Insight?
Interested in Hubble?
Learn more about Hubble for Business Performance Management.
– Visit our website or talk to one of us. www.gohubble.com
Interested in KPIs, Dashboards and stuff?
Stop by and give me your email address (or use the next POLL)
and I’ll make sure you are invited to our upcoming webinar
series.
Want to get invited to my TED talk (someday)?
Better connect with me on LinkedIn, follow me on Twitter or buy
me a drink at the bar. julie.holmes@gohubble.com

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I Spy Some Rubbish KPIs

  • 1. Hubble® is a registered trademark of insightsoftware.com international. © 2015 insightsoftware.com international. All Rights Reserved Measuring What Matters for Companies and Teams Prepared by: Julie Holmes Director of Strategy Julie.holmes@gohubble.com I Spy Some Rubbish KPIs @julie_m_holmes
  • 2. Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com international. All Rights Reserved@julie_m_holmes Hubble® is a registered trademark of insightsoftware.com international. © 2015 insightsoftware.com international. All Rights Reserved • Clearly articulate strategy and goals • Identify and articulate KPIs for those goals • Ensure KPIs address all angles of a goal • Be prepared to spot and avoid “rubbish” KPIs Presentation Overview People in business spend hours every day creating, vetting and reviewing REPORTS and ANALYTICS. These same people will tell you that they don’t even know if what they are monitoring is actually the right focus. In this educational session analytic experts will share how to clearly identify and articulate goals, identify steps to create meaningful metrics and provide warnings on the common pitfalls for metrics and KPIs. This session is ideal for anyone interested in making more effective data-driven decisions at a personal, team or company level. This session is part of the “Measuring What Matters” series. At the end of this session you will:
  • 3. Hubble ® is a registered trademark of insightsoftware.com international. © 2015 insightsoftware.com international. All Rights Reserved KPIs (Key Performance Indicators) 3 Business Critical Tied to Strategy Measurable Action Driving Unambiguous
  • 4. Hubble ® is a registered trademark of insightsoftware.com international. © 2015 insightsoftware.com international. All Rights Reserved 10 Tips to Avoid Rubbish KPIs 4
  • 5. Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com international. All Rights Reserved@julie_m_holmes #1 Understand WHY You Measure Performance Common Conversations Replicate, Manage, Refine, Acknowledge Focus Direct Behavior
  • 6. Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com international. All Rights Reserved@julie_m_holmes #2 Understand Risks of Poor Measurement Wrong Measures = Wrong Actions Confuse Employees Measurement for Rewards? Cheating Measuring Too Much
  • 7. Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com international. All Rights Reserved@julie_m_holmes #3 Create a Climate for KPIs Stick or Carrot Sense of Ownership First Stop for Status
  • 8. Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com international. All Rights Reserved@julie_m_holmes #4 Select the Right Measures Start with the Destination Important is a Finite Resource Action Driving
  • 9. Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com international. All Rights Reserved@julie_m_holmes #5 Efficiency vs Effectiveness Efficient • Doing Things Right Effective • Doing The Right Things
  • 10. Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com international. All Rights Reserved@julie_m_holmes #6 Lead, Lag and Everything In-between Work Backwards from the Result Ins and Outs
  • 11. Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com international. All Rights Reserved@julie_m_holmes #7 Measuring the Immeasurable If It Matters, Measure It Ask Questions Qualitative vs Quantitative
  • 12. Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com international. All Rights Reserved@julie_m_holmes #8 Use a Framework to Start
  • 13. Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com international. All Rights Reserved@julie_m_holmes #9 Set Goals & Use Planning Measuring Without a Goal Is “Dumb” Reassess and Roll Have Goals and BHAGs
  • 14. Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com international. All Rights Reserved@julie_m_holmes #10 Connect People Emotionally to Goals Connect Measures to People You Serve Connect Employees to People You Serve
  • 15. Hubble® is a registered trademark of insightsoftware.com international. ©2015 insightsoftware.com international. All Rights Reserved@julie_m_holmes You’re right! This is fascinating! Interested in learning more about getting from Data to Information and Information to Insight? Interested in Hubble? Learn more about Hubble for Business Performance Management. – Visit our website or talk to one of us. www.gohubble.com Interested in KPIs, Dashboards and stuff? Stop by and give me your email address (or use the next POLL) and I’ll make sure you are invited to our upcoming webinar series. Want to get invited to my TED talk (someday)? Better connect with me on LinkedIn, follow me on Twitter or buy me a drink at the bar. julie.holmes@gohubble.com