KPI Dashboards for Business Intelligence: Everything You Need To Know
It’s important to know what’s working in your business and what isn’t. One area of your business might be excelling, whilst another might be failing. There are so many moving parts when it comes to operating a business – it’s easy for things to slip off your radar. So, how can your business measure success?…
What Do Metrics Say About Bulk Discounts?
Bulk discount is a marketing incentive which is meant to encourage customers to buy more units of a particular product or service. The model structure exists in this way so that the manufacturer or seller identifies those people who purchase items in large quantities and rewards them by giving them a reduced price for their…
4 Key Performance Indicators For The Restaurant Industry
If you’re in the restaurant industry you already know making a profit isn’t easy. And according to a survey by consulting firm AlixPartners+, it could become even more difficult as consumers expect to spend 9.1 percent less per restaurant meal this year than they did in 2013. When surviving in the restaurant industry means maintaining…
Lagging Indicators Vs. Leading Indicators (No Eye Candy Metrics)
One of the most common problems we hear from businesses researching dashboard and reporting software is that they don’t know exactly what they should be measuring. As a result, they become easy prey for business intelligence vendors looking to seduce new customers. They’ll be shown flashy demos, slick presentations and what we call “eye candy”…
Improve Your KPI Strategy with Modern Dashboard Software and Application Integration
A key performance indicator (KPI) is a tool used in business intelligence (BI) strategies to increase the visibility of serious business information for the purpose of improving performance and profitability. KPI Dashboards gives business leaders the ability to view relevant real-time information in a visual dashboard setting. Whether it’s key performance indicators, operational goals, or…
5 Ways to Take Your Metrics from Good to Great
It seems as though the data explosion within today’s business environment has induced a data insights panic. If you have browsed any business publication within the past few years, you have likely read about the importance of metrics, key performance indicators (KPI’s), and dashboards as companies ferociously endeavor to find solutions that turn raw data…
8 Tips for Building Better Executive Marketing Dashboards
What does it take to implement a great marketing plan for your business? A well-thought-out strategy, a carefully mapped out plan of execution, a great team to carry out the legwork, and a marketing dashboard to streamline and track all your efforts. With a visual interface that gives users a big-picture view of the business’…
The Top 6 Key Performance Indicators (KPIs) for Channel Partner Management
In today’s business environment, it is critical for businesses to have a robust network of partners in order to grow and scale. These partners include value added resellers (VARs), solutions providers, system integrators, and distributors. In fact, here at 5000fish, we’re in the midst of building a robust partnership program as we work to scale…
5 ITIL Questions All Service Managers Should Ask
Service desk managers may often feel that they are losing ground, getting left behind, or just being left out of the conversation. All too often they are overworked, given few resources, and left to their own devices. But as the main point of contact for a company’s internal and external support, a service desk manager’s…
7 Metrics and Key Performance Indicators for the Manufacturing Industry
Business Intelligence has evolved considerably from the days of simple reports. The top high performing global manufacturing companies understand this and have moved forward with implementing BI tools to increase profitability and outperform their competitors. This article will discuss some important Key Performance Indicators (KPIs) that can be analyzed for the small to medium-sized business…