Most insurance companies have mountains of data, but many only track indicators that are easy to obtain, and not necessarily relevant. Stuart Rose says that means too much noise and not enough understanding about how, why or if those metrics support strategic outcomes.
Gary Cokins explores the progress boards of directors have made in understanding and delivering upon their roles toward the business and shareholders, specifically the roles associated to governance and risk.
Though strategic scorecards and dashboards can help approach an organization’s mountains of data, they still involve guesswork and intuition – risk. Analytics can help an organization sort through its data and filter out the “noise” when it comes to tracking metrics and KPIs, making it possible to act on fact.
Stopping fraud rings
Get ready to fail
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