Guides and TipsDownload our strategic in-depth reads, which offer CEO Analytix's expert insight into all things corporate innovation. Learn actionable tips and advice on how to best leverage innovation, as well as strategies that will position your organization for success.
Balanced Scorecard ReportingA balanced scorecard is a visual tool to measure the e ectiveness of the execution of your strategy plans. It was developed by DR Robert Kaplan and DR David Norton in the 1990's
Big Data Made SimpleBig data describes large volumes of data. It is not the volume that is important it is what organisations do with the data that will determine success.
Budgeting Tips for SME'sI know it is a little dull, but it is an important thing to do. A budget should include estimates for income, expenditure and profitability. It should also set targets for working capital management and cash generation.
Dashboarding - a practical example OTIFI have always been of the belief that "what gets measured gets done". A dashboarding solution can make this even more compelling as the information is at your fingertips.
Dashboarding What You Need to KnowEffective analysis helps people make better decisions that will drive improved strategic outcomes. Measuring and evaluating performance to identify what works well and what doesn’t, taking corrective action and becoming a high-performance organization.
Data Analytics Made SimpleData analytics is the analysis and examination of raw data in order to make conclusions about that information. Increasingly this is done with the aid of specialist systems and software.
Gross Profit MarginThis is the Sales Value less the Cost Of Goods Sold (COGS). Cost of Goods sold is your direct costs attributed to the sale.
KPI's for Manufacturing CompaniesManufacturing is a very broad field. There are however some measures which can be used to compare businesses in the same industry. This allows you to benchmark your performance against your competition.
Liquidity and working capital ratiosA good all round measure of liquidity is to look at your cash conversion cycle. This is the time it takes to convert your investment in inventory and trade debt into cash.
Maximising value before you sellIf you are a business owner then you probably treat your business like your baby, its sometimes hard to let go ! It is important to move away from the emotional attachment and start looking at your business strategically.
Micro ClientsWhat can a company do in the early stages of its development to help manage and get the best out of its data when it becomes bigger?
Practical use for KPI's Break EvenThis is a crucial thing for any business to understand. This is the level of turnover required to cover the fixed costs in the business. This can be looked at for the business as a whole or a specific division within the business.
Proof of Concept Completed Free of ChargeThis is a crucial thing for any business to understand. This is the level of turnover required to cover the fixed costs in the business. This can be looked at for the business as a whole or a specific division within the business.
Return on Investment (ROI)Investment value would be all the costs to complete any investment. For a project such as the investment in a piece of machinery this would include transportation and any commissioning costs incurred in making the equipment operational.
Stock Coefficient and Managing LiquidityStock turns is a key metric used to manage your liquidity. The higher the stock turns the better. It is the inverse of the DIO measure hence why it is better to have a lower DIO.
Top KPI Indicators for Small BusinessTotal sales 2020/Total Sales 2019 (same customers) This shows the like for like sales for accounts trading in both years It shows your organic existing customer growth rate
Variance analysisVariance analysis examines the difference between the standard numbers expected and the actual numbers achieved by the business
