Tag: measuring performance

📣 New Virtual Summit in response to COVID-19 🚨

We’re really pleased to announce today a new virtual event that’s dedicated to our accounting and finance community during these troubled times.

In response to the global impact, we (Practice Ignition, ACCA & Accountex) have come together to bring you a world-class conference experience – online.

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The myths around KPIs

I have been writing about performance measures for more than 20 years. In all that time, I have only witnessed minimal advances in the way companies go about using them. All too often, the assessment of measures is treated as an afterthought. They are regarded as a box-filling exercise to demonstrate that we have achieved a goal. But I believe they exist for a higher purpose – to help align the staff’s daily actions with the organisation’s critical success factors.

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Big Data isn’t new – we just don’t know how to use it

I can’t remember exactly when, perhaps around the end of the 1990s, the retailers that my old company sold to started sharing their EPOS (electronic point of sale) data with us. Think of it – every day (or even more frequently) we had records of how much we had sold and in which store. How useful would it be to be able to track the sales of our products on a daily basis? 

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