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KPIs and Dashboards in practice: TrackDC an innovative District of Columbia Performance Management initiative

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Key Performance Indicators

Performance measurement and reporting for control is not the sole purpose of tracking results against targets. One of its very important dimensions is that of enhancing accountability towards stakeholders; in private-owned organizations, reporting is directed mostly to shareholders and managers, whereas in governmental institutions, communication is directed towards the entire community served.

Microsoft Excel – the most popular Performance Management and Business Intelligence tool

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Performance Management Business Intelligence

smartKPIs.com Performance Architect update 10/2010

Since its launch on a Windows platform in 1987, Microsoft Excel has gradually become omnipresent on business desktop environments. It is widely used in businesses of all sizes for data management, analysis and reporting. In a way, it can be considered the first Business Intelligence (BI) software product mass marketed.

Almost since its launch, Excel’s position in the market has been challenged by various products with advanced data integration and analysis functionality. Together, they formed the basis of the today’s BI market, by going through several successive phases:

  • 1987-1996 Formation – initial product launches
  • 1996-2005 Growth – product maturity and market formation
  • 2005-2010 Consolidation – by various mergers and acquisitions involving the major software producers in the world.

THE KPI INSTITUTE

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