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Rhythm Blog | KPIs & Dashboards

by Patrick Thean and the Rhythm Team

Hey CEOs! Bring Your Data to Life with Rhythm Integration

Ryan Walcott Thu, Jun 20, 2019 @ 11:57 AM

CEOs and business leaders spend a lot of time and energy working to hunt down important data and make the right decisions to grow the business based on what they find. The hunt requires time, skill, effort, and consistency. Often teams of people are involved whose whole job responsibility is to collect data and present it in a way that can be understood and acted on.

Understanding and acting on the right data is where things get very difficult and often complex. I've been in countless meetings where stale data is presented in pretty charts. Most of the team in the meeting doesn't understand it and in no way acts on it. Most in the room are embarrassed to speak up for fear they will look stupid, so they nod and go along with the presentation hoping to get out of the meeting as fast as they can so they can get their large pile of work done.

SMART Goal Setting: To Set Smarter Goals, Start With “Why”

Ted Skinner Tue, Jun 11, 2019 @ 01:01 PM

Leadership 101 tells us that it’s important to set clear and specific goals for ourselves and for our teams in order to achieve business goals and objectives. In other words, all of our business goals should be “SMART” (Specific, Measurable, Achievable, Relevant and Timely.) In order to craft a good smart goal, you need to take a couple of steps back and look at the whole picture - why are you doing this? The best SMART goals always start with “why.” Are you taking an educated guess at what you think a good goal is going to be that will equate to business success? Are you confident enough in defending that guess to someone else? If you fully understand the “why” behind the project, it is much easier for you to define your time-based goals. Goal setting theory clearly states that the better you write your SMART goals, the better your team will perform.

Why You Can't Miss the 2019 Breakthrough Conference

Jessica Wishart Thu, Jun 6, 2019 @ 11:04 AM

"Spectacular keynote speeches, incredibly, relevant, informative breakout sessions. Thank you!"

“Loved the human element of business that these sessions brought to the conference”

“Very powerful speakers on Breakthroughs… keep it up!”

“Just kudos. I really enjoyed the speakers. Great insights!”

"The registration/check in process was fantastic! Easiest and friendliest group of people. Thank you!”

The secret’s out - our attendees love our Breakthrough Conference. We have some clients who have attended and brought their teams every single year. Want to know what you’ve been missing? 

Comprehensive List of 183 KPI Examples for a Balanced Scorecard Dashboard

Ted Skinner Fri, May 31, 2019 @ 11:03 AM

As the middle market strategy execution experts, we get asked a lot of questions about KPIs or Key Performance Indicators for firms to manage the metrics that matter. In fact, we get hundreds of thousands of yearly views on our KPI blog posts alone! Our comprehensive KPI Guide is one of the most valuable free resources that we offer to the middle market community free of charge to help companies determine the right set of KPIs for their business if they don’t have the resources to utilize our expertise and KPI dashboard software to create a balanced scorecard of their performance.

40 KPI Examples for the Service Industry (Updated for 2019)

Jessica Wishart Fri, May 31, 2019 @ 10:26 AM

Research shows that our economy is largely being driven by middle-market firms, especially those in the service industries. Key Performance Indicators (KPIS) are one of the most effective tools for service companies to manage their growth, cash flow, customer retention and customer satisfaction.  According to a press release from American Express: 

Employee KPI Examples for 2019: How to Measure What You Want to Move (Video)

Jessica Wishart Fri, May 31, 2019 @ 09:00 AM

It is no secret that your people are instrumental to the success of your business. In order to have a great company, you not only have to hire the right people and get them in the right seats as Jim Collins says, you also have to work to retain and engage those people once you have them.  The best companies use key performance indicators for employees to make sure that they are getting the most out of their most important investment - their employees.  Having the right set of quality metrics can greatly improve your performance management in creating a high-performing team.

Why Your KPIs Still Need A Human Touch [Infographic]

Jessica Wishart Tue, May 28, 2019 @ 11:40 AM

Think about the last time you wondered about something, or had an argument with your friend or spouse … What did you do? Pull out your phone and Google the answer? Probably. We have more information at our fingertips now than we could possibly know what to do with, for better or for worse.

A study described in this Fast Company article illustrates that more information can actually impair our ability to make good decisions. In addition to the risk of fixating on small details described in the article, you also run the risk of “going blind” from looking at too many data points.

What Your BI Data Visualization Tool Isn’t Telling You About Your Strategic Initiatives

Jessica Wishart Thu, May 23, 2019 @ 11:24 AM

There are lots of tools out there that will take your key performance indicators and show you beautiful KPI charts and graphs. For those of us who love data and feel strongly that having the right information at our fingertips to make informed decisions is critical, this is pretty exciting. Bringing a spreadsheet to life in a powerful visual can really make an impact and help you glean important insights from trends in data over time. That being said, a word of caution—these business intelligence data visualization tools are cool, but they are missing some pretty key pieces of the puzzle—especially when trying to execute your strategic initiatives.

CEOs Need an Enterprise Business Execution Platform

Ryan Walcott Thu, May 16, 2019 @ 12:43 PM

Have you ever wondered just what is going on in your business, how well things are going, and why? How can you know for sure that your people and teams are focused and aligned to achieve your long-term growth strategies and goals? How can you ensure you are doing the right things to attract the best talent and keep them happy in your company so they won’t leave you? These are all questions that an Enterprise Business Execution Platform can help you answer.

The CEOs Strategy-Execution Gap...And How To Fix It

Cindy Praeger Tue, Apr 30, 2019 @ 10:44 PM

Written by Cindy Praeger and Eskinder Assefa

A fairly significant body of research now clearly shows that the reason why a number of mid-to-large companies face is not because their strategies were not sound, but because they were unable create a culture of strategy execution to perform well on those otherwise sound strategies.