Key Performance Indicators (KPIs) is one of those business topics that has been so widely written about and discussed in management and leadership circles that most people think “they have it covered”. And yet, like most familiar things, this familiarity can breed contempt – and this results in critical errors when it comes to implementing KPIs. Here are the 10 biggest KPI mistakes I have seen businesses make time and time again. Avoid them at all costs!
1. Not linking KPIs to your strategy
2. Measuring everything that is easy to measure
3. Measuring everything that walks and moves
4. Collecting the same measures as everyone else
5. Not separating strategic KPIs from other data
6. Hardwiring KPIs to incentives
7. Not involving executives in KPI selection
8. Not analysing your KPIs to extract insights
9. Not challenging and updating your KPIs
10. Not acting on your KPIs
by Bernard Marr
2 Comments. Leave new
F5TCI-Geral, thanks a lot for the post.Really thank you! Much obliged.
Im obliged for the blog article. Awesome.