Ensure You Aren’t “Doing Less with Less”
A successful EPM strategy requires the ability to accurately measure Key Performance Indicators (KPI’s)—but they must be the right KPI’s.
Frequently, the technology and business teams have different understandings or visions of what the KPI’s should be. The technology staff tends to gravitate towards using the data that is available. But just because a particular data set is available does not mean it is valuable or even useful.
In some cases there is a valid business reason to use existing data—for example, developing a rapid prototype, proof of concept or pilot in order to convince executives to fund the full project. But when developing a real world production system, the only data that matters is the data that relates to the right KPI’s.
Qlarion’s Unique Approach Helps Ensure the Right EPM Outcomes
The expression, “it all starts with the data,” simply isn’t true. A successful EPM approach begins with developing a plan and requirements that are clearly linked to the business strategy.
Qlarion’s approach helps ensure that a clear strategy and requirements are defined upfront—and that all subsequent steps stay aligned throughout the development, implementation and maintenance phases.
This methodology specifies that it is up to the business teams to:
- Define the correct KPI’s, then
- Work with the technology group to define and acquire the necessary data–making sure it is available and accurate.
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