David Parmenter states “Since the Board’s role is clearly one of governance and not of management it is, I believe, inappropriate to be providing the Board with the KPIs.”

There is a major dilemma in most organisations that have boards over what information is appropriate for the Board, and what is not. In an earlier article I pointed out that KPIs are a special indicator, and are often misunderstood by management. A characteristic of KPIs is that they are monitored 24 / 7, daily or at least weekly by the senior management team. KPIs are thus certainly not measures that are reported monthly or bimonthly to the Board. How can a measure be key to your organisation if it is reported monthly, well and truly after “the horse has bolted”?

[Article] Creating a dashboard for the Board

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