Conversations from the Mirror42 Team

We have released a new version of My KPIs in KPI Library you can bookmark and store your own KPIs — My Library. Previously it was only possible to bookmark KPIs from the library. Now it is possible to add your own KPIs. All this in a new look and feel.

If you sign up as a new member to KPI Library you will automatically get the new My KPIs section. If you are an existing member you will be asked to upgrade your old My KPIs section to the new one (of course you may decline to upgrade).

We have released a new way of finding Key Performance Indicators (KPIs) in KPI Library. We have tagged listed KPIs, and now you can simply select KPIs based on tags. For example, if you look for KPIs on ‘budgets’ you simply select the relevant tag.

http://kpilibrary.com/categories/financial-management?tag=budget

In the near future we will provide additional new features to improve searching for KPIs in KPI Library.

Read my expert article on KPI Library on two approaches in enabling business performance management:

I see two common approaches in enabling business performance management. The first is bottom-up: you have data from various systems, you marry them together, and you have a common set of business data, on which you base your reports and KPIs. The second approach is top-down: you first define what your data needs are, and then you try to figure how to get the data, if and when it exists.

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Read Karel’s expert article on KPI Library on how to set realistic targets for Key Performance Indicators (KPIs):

One of the most difficult parts of Performance Management is to come up with realistic targets for your KPIs. I have seen many people confuse company goals with KPI targets.

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