Personal & Professional KPI’s

Over the past few weeks I have seen many blog posts and articles on key metrics and goals to set and track for various types of web sites, and there have been countless postings about what New Year's resolutions people are setting.  If you think about it, the resolutions are really KPI's (Key Performance Indicators), that most folks set as part of a yearly tradition, but there is often no plan put into place or any real means to track progress or completion of these personal and professional KPI's.  As the expression goes, "those that fail to plan, plan to fail".

James Dutton wrote a great article on his Insightr blog on creating a measurement plan, and I believe that most of the steps that he outlined can be taken and applied to your personal and professional goals as well.

His steps for creating a measurement plan are:

Stage 1: Set your objectives and parameters
Stage 2: Visualise your measurement scope
Stage 3: Identify metrics and dimensions (including external data)
Stage 4: Identify business and operational KPIs
Stage 5: Identify KPI analysis drilldowns
Stage 6: Map out your Data Sources
Stage 7: Propose processes for target and goal setting
Stage 8: Identify business owners and visualisation / sharing process
Stage 9: Distribute, gather feedback - then publish

The steps that are important for setting a personal & professional or individual measure plan is similar:

Step 1: Set your objectives
Step 2: Identify metrics and KPI's
Step 3: Map out your Data Sources
Step 4: Define targets
Step 5: Identify support resources
Step 6: Gather results & share

I have combined a few of the items from original list, but the core of the steps to developing a measurement plan is there.  So now we have a list of the steps to create an individual measurement plan, but how do these steps translate into actionable items? Read the rest of this entry »

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