Digital leaders are great at roadmap execution but how do you communicate the business value of your initiatives to your CEO, CFO and the board? Oftentimes beautiful powerpoint slides and project reports are seen as sugarcoating. Key performance indicators aka KPIs are an effective way to communicate in measurable terms the realization of business value for IT initiatives on your digital roadmap. To have an effective execution around these Key performance indicators it is important to have a strategy around 1) Identifying & developing great KPIs, 2) Collecting the data to track these KPIs and 3) Taking prescriptive action based on what you measure.
