Attributes of a Good Business Measure
Supports Organization’s Goals and Objectives
- Aligned with organizations direction
Understandable, logical and repeatable
Clearly defined
- Virtually anyone in the organization understands what it is
Economical to collect data
- The result is worth the effort
Provides timely information on which to take action
It drives the appropriate action or behavior
The measure is a means to an end, not an end in itself!