We hope the valuable information included in the webinar will help you decide which metrics are important to measure and provide some insight on the technology tools available to allow you to gain better insight into your business. If your goal is to develop a business scorecard that is valuable and sustainable, here’s where you start:
- Begin with your business needs – start with the business need, then pull in the data. Webinar deliverables will include a document of possible metrics.
- Refine your scorecard – until you have the most essential information for your unique business.
- How does your scorecard help you make decisions?
It must be fresh: The weekly scorecard at Stoneridge Software is refreshed each Wednesday and reviewed by leadership on Friday. It needs to be simple enough that it’s not counter-productive.
It’s based on data – Do you have an AR problem? Is your pipeline large enough to hire another resource? You can answer these questions and identify any problems and address them.
It must be actionable – If it’s not something you will immediately act on, then don’t include it.
Let us know if we can answer any questions for you. Contact us at firstname.lastname@example.org or 612-354-4966.
Interested in more business topics?
Check out some of our blog posts in the business and leadership category.
Traction is Gaining – A look at the book Traction, by Gino Wickman. This book combines concepts discussed in other writings into a comprehensive playbook for how to run a company. The genius of the book is in how it took all these other good ideas and made them simple to understand and execute on.
The Top 5 Powerful Ways ERP Drives Innovation – The benefits of Enterprise Resource Planning (ERP) software go beyond the capabilities of the system itself. The planning, implementation and eventual adoption of an ERP solution, by its very nature, causes a company to innovate. Innovation through ERP can make your company work smarter, faster, and ultimately achieve more.
Business & Leadership Books that Made a Difference – There are quite a few books on business and leadership, but there are a select bunch that Stoneridge Software President Eric Newell credits as making a difference in his entrepreneurial journey. These are three books he’d recommend to anyone interested in the topic.