Read Why do business professionals choose ready-to-use KPIs? to find out the answers to these questions:
Ideally, you need to have a strategy (in a form of a strategy map) before you start thinking about the ways to measure its execution (KPIs). Don't have a strategy map yet? Use free Strategy Map Wizard to create a strategy map for your current business challenges. The wizard will:
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Data records management covers a large number of aspects, some of which are 'taking care that all documents and data contained sources are in safe hands', 'content is easily accessible', 'right piece of information is obtained in complete and intact manner'.
One can maintain data records in useful fashion by bringing related and relevant technologies into use and arranging the data in understandable manner. It simplifies the operations to 'more than expected' levels as the benefits experienced (after appropriate data records management systems have been implemented) are multi-dimensional in nature.
Data are an important asset for the organization and if properly placed can provide it a strong enough support to help it spearhead its competitors. This is to say that data records are to be managed at any and every cost, if managers wish to take their operations to greater scale and heights.
However, one should note that management of strategies is another thing that needs to be supervised. A balanced scorecard serves the purpose in this direction by enabling the organizational workforce in measuring and calculating the steps taken for data management. By laying down a collection of metrics and indicators, tracking of record management is possible to a pretty detailed level.
This is the actual scorecard with Data Records Management Dashboard and performance indicators. The performance indicators include: security perspective, number of security systems, instances of leakages, number of retrieval methods, degree of compliance level, quality perspective, retrieval rate of internal data, % increase in number of users, inaccuracy index, % duplicity detected, efficiency and implementation perspective, deadline coverage index, resolving ratio, % drop experienced in time to gather data, % decrease in the number of instances when data loss affected the operational effectiveness, growth and learning perspective, % decrease in time taken to correct the loss due to mismanagement of data, % of staff that is involved in data management tasks, number of training sessions arranged for the staff, number of guidance documents issued.
Download a trial version of Data Records Management Estimation Balanced Scorecard or purchase a full version online.
How is this book different from 796 other book titles about KPIs on Amazon?
"Before writing a single line, I formulated some guiding principles, one of them was: "If our clients ask, "How can I find a good KPI for..." - I want this book to provide a perfect answer."