Occam's Razor

APRIL 8, 2013

To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. That metric is tied to a KPI.

Metrics 157

Metrics KPI Analytics Key Performance Indicator 157

O'Reilly on Data

OCTOBER 13, 2020

Ideally, AI PMs would steer development teams to incorporate I/O validation into the initial build of the production system, along with the instrumentation needed to monitor model accuracy and other technical performance metrics. For models, this means monitoring their performance and the equity of their predictions.”.

Management 286

Management Machine Learning Metrics Modeling 286

Jet Global

SEPTEMBER 28, 2020

Key performance indicators have never been more important for those in the utilities industry. Utility companies will need to report and monitor their KPIs obsessively to understand how these new approaches to energy are positively and negatively affecting their financial performance. 1) Liquidity. 3) Return on Rate Base.

Key Performance Indicator 98

Key Performance Indicator Metrics Cost-Benefit Finance 98

Jet Global

OCTOBER 21, 2020

During periods of uncertainty, this helps us plan for – and be ready to respond to – different outcomes. Communicate the key performance indicators: Identify the key metrics that senior management will use to monitor the business on a daily, weekly, and monthly basis.

Forecasting 98

Forecasting Finance Business Driver Key Performance Indicator 98

CIO Business Intelligence

DECEMBER 31, 2024

As AI technologies evolve, organizations can utilize frameworks to measure short-term ROI from AI initiatives against key performance indicators (KPIs) linked to business objectives, says Soumendra Mohanty, chief strategy officer at data science and AI solutions provider Tredence. You get what you measure, she says.

Management 139

Management Key Performance Indicator Business Objectives Digital Transformation 139

Jet Global

NOVEMBER 16, 2021

A logistics key performance indicator (KPI) is a quantitative tool used by businesses to measure performance within their logistics department. Logistics KPIs can measure a variety of metrics, most of which pertain to purchasing, warehousing, transportation, delivery of goods, and financials. Download Now.

Metrics 84

Metrics Reporting Key Performance Indicator KPI 84

Jet Global

FEBRUARY 2, 2023

Here, we discuss how key performance indicators (KPIs) can help construction companies flourish during difficult times. Due to the Infrastructure Investment and Jobs Act of 2022 in the United States, nonresidential construction is expected to continue expanding despite expected uncertainty in 2023. Want to learn more?

Uncertainty 52

Uncertainty KPI Reporting Measurement 52