course material

1. (Mt) – Key Performance Indicators (KPI) Management System
Attached.Key Performance Indicators Management System – OutlineI. Key Performance
Indicators Management SystemII. Requirement of the KPI management systemIII.
Competitive advantages presented by KPI dashboardsIV. Recommendations for improving
the KPI dashboard systemRunning head: KEY PERFORMANCE INDICATORS MANAGEMENT
SYSTEMKey Performance Indicators Management SystemNameInstitution1KEY
PERFORMANCE INDICATORS MANAGEMENT SYSTEMKey Performance Indicators
Management SystemKey Performance Indicators (KPI’s) are corporate metrics
implemented to track anestablishment’s performance and define whether corporate
objectives are being achieved. Everyproduction process, organization, or agency need to
quantify its performance on a daily,monthly, or quarterly basis to guarantee strength and
sustainability (Parmenter, 2011). Notably,the most appropriate technique to capture KPI’s
is over dashboard software. The dashboardsoftware has both client-side and server-side,
whose components determine the value of theperformance of the KPI indicators. The server
side is the most crucial part as it incorporates thefirm’s organizational goals with the
algorithm embedded in the software to analyze and displaypossible performance
reports.First, the server-side contains data storage units which may be in the form of
physicaldisks or cloud-based database. Recently, due to the risks of hacking and data
mining,organizations prefer the cloud-based data storage systems managed and maintained
by thirdparties. Secondly, the dashboard software requires multiple layers of security
algorithm toprotect the confidential data from breach from within the organization or from
external factors.The security feature incorporates both biometric recognition and
passwords. Thirdly, the systemrequires custom for…