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When performing data analysis, we learned it is important to step back and ask what business question am I trying to answer?. Then we can
When performing data analysis, we learned it is important to step back and ask what business question am I trying to answer?. Then we can incorporate meaningful KPIs to measure what is most important to stakeholders. See below for a list of stakeholders and their objectives/priorities. For each stakeholder, identify which question you think is most important to them and provide at least one suitable KPI that could be used to track results.
\begin{tabular}{|l|l|l|l|l|} \hline & Stakeholder & Objectives \& Priorities & What business question do they want answered? & Which KPI can be used to track results? \\ \hline a) & Regional Sales Manager & Worried about customers not paying their accounts on time and having to use collection agencies to collect overdue balances. & & \\ \hline b) & Call Centre Shift Supervisor & Responsible for ensuring customers are happy after they call the customer support hotline - does not want to find out about any unresolved complaints in the media & & \\ \hline d) & Director of Environment \& Sustainability & Pressure to reduce the company's carbon footprint. Main sources of emissions are fuel consumption and heating. & & \\ \hline c) & Chief Financial Officer (CFO) & Reports monthly to the bank on whether the business is meeting its loan covenants (required to maintain the company's bank loan). & & \\ \hline \end{tabular}Step by Step Solution
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