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7 Secrets of Performers Top By Bernard Marr


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We conducted a study of over 3,000 companies, across all continents, sizes and industries to understand the state of the art in business performance management © 2014 Advanced Performance Institute, BWMC Ltd. All rights reserved.


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We Find: Most are collecting KPIs and managing performance, but not all are generating value Most companies are using KPIs, just over half use Dashboards, 41% Benchmarking, 38% BSC, 7% Big Data Analytics 37% of companies are unhappy with their efforts © 2014 Advanced Performance Institute, BWMC Ltd. All rights reserved.


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Companies that do business performance management well generate more value, make better decisions and outperform their competitors © 2014 Advanced Performance Institute, BWMC Ltd. All rights reserved.


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Here are 7 things that sets top performers apart © 2014 Advanced Performance Institute, BWMC Ltd. All rights reserved.


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Buy-In Don’t make performance management a top management initiative – ensure buy-in from the top to the bottom. Make it relevant to everyone! © 2014 Advanced Performance Institute, BWMC Ltd. All rights reserved.


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2. Motivation Don’t manage performance for someone else. Make sure you do it because you want to, in order to improve performance! © 2014 Advanced Performance Institute, BWMC Ltd. All rights reserved.


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3. Alignment Make sure you align strategic with operational performance management. Don’t run them in siloes like many companies! © 2014 Advanced Performance Institute, BWMC Ltd. All rights reserved.


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4. Analytics Align your traditional performance management with your analytics and business intelligence activities. Again, no siloes! © 2014 Advanced Performance Institute, BWMC Ltd. All rights reserved.


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5. Time Focus Make sure your performance metrics look into the future rather than the past! Predictive performance is the future. © 2014 Advanced Performance Institute, BWMC Ltd. All rights reserved.


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6. Data Quality Make sure data quality is managed throughout your business. Remember: Garbage in, garbage out! © 2014 Advanced Performance Institute, BWMC Ltd. All rights reserved.


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7. Technology Use the right software tools to manage performance. Office tools are not the way to do it! Use proper analytics, reporting and dashboard tools. © 2014 Advanced Performance Institute, BWMC Ltd. All rights reserved.


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Read my article: “The 7 Secrets of Top Performers” here: © 2014 Advanced Performance Institute, BWMC Ltd. All rights reserved. https://www.linkedin.com/today/post/article/20140625055732-64875646-the-seven-secrets-of-top-performers?trk=mp-reader-card


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Download the full report “20 Years of Measuring and Managing Performance: From KPIs and Dashboards to Performance Analytics and Big Data” at: http://www.ap-institute.com/research-reports.aspx © 2014 Advanced Performance Institute, BWMC Ltd. All rights reserved.


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About This overview was put together by Bernard Marr Founder and CEO of the Advanced Performance Institute. Bernard Mar is a bestselling business author, keynote speaker, strategic performance consultant, and analytics, KPI & Big Data guru. For more articles, white papers, case studies and much more visit the Advanced Performance Institute Knowledge Hub Read Bernard’s blogs: LinkedIn Influencer Blog Big Data Guru Blog Connect with Bernard on: LinkedIn Twitter Facebook Google+ YouTube Advanced Performance Institute © 2014 Advanced Performance Institute, BWMC Ltd. All rights reserved.


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