Performance Indicators

Improve Business Competitiveness with Performance Indicators

Performance indicators are metrics used by many enterprises today to help quantify and understand business success — or the lack of it. As a measurable objective of business success over a certain period of time, performance indicators can help keep an organization on track towards its vision and mission. But just choosing metrics and setting benchmarks is not enough; enterprises must have in place methods for accurately measuring, analyzing and reporting on performance, or the benefits of working with indicators will be lost.

Performance Indicators Drive Cognos Business Intelligence Software

As a leading provider of business intelligence solutions since 1969, Cognos has developed one of the world’s premiere solutions for incorporating performance indicators into organizational planning and analysis. Today, Cognos customers include leading companies in every industry throughout the world. With Cognos 8 Business Intelligence (BI) and performance management software, these enterprises can easily integrate planning, analysis and reporting activities in a single user-friendly platform. By making it easy to identify, measure and report on performance indicators, Cognos delivers critical information to help enterprises make better and faster decisions.

Scorecarding Software Tracks Indicators of Business Performance

Scorecarding, a key component of the Cognos BI software, is an extraordinarily helpful tool for managing and measuring performance indicators. Cognos Scorecarding lets companies align teams and tactics with strategy, communicate goals consistently and monitor progress toward targets. Software wizards help you quickly build and deploy scorecards, with menus to define threshold ranges, benchmarks, data source definition and more. Users can organize and view scorecards by status to focus on objectives and performance, or view them in a strategy map to see how they fit into the overall corporate strategy. And when indicators suggest the need for corrective action, new initiatives can be managed from within the application.

For more information about managing performance indicators with Cognos, click here.