And trying to measure multi dimensional properties with linear metrics always distorts the whole picture and lefts out all "what glues the data together" in a rightful manner and makes the data meaningful.
In other words. Any decision maker who depends on linear indicators (likewise experts, computers, charts...) and is looking at different indicators one indicator after the other (or separated) will have great problems recognizing the correct relationships of the indicators. And they don't see the options that the linear metric system filters out.
How to get a better picture?
Focus of information gathering and visualization should not primarily directed to the indicators (KPIs) and classic cockpit visualizations but also to the relationship of (two) indicators - of any clusters in a given time.
Below are some frameworks with the proposed relevant indicators - and an Excel template to make the relationship of two indicators yourselves.
Take the indicators, put them into the interactive Excel below of this page and see and compare the 2D-Progress of several nations.
There's no "one solution fits all". But several excel templates for a lot of applications.
Click here to open new page with some basic templates.
Division of labor was one of great improvements in the industrialization 100 years ago. It was invented for the mass production of tangible products.
This type of "R&D" and "production" doesn't work very well in the "business of intangible products" because of "silo-experts" and "invisible interfaces".
One visionary and five experts/specialists - click image for larger view.
This is a test webpage and for visualization purposes only
Change the chart of indicators below.
It's an interactive Excel sheet. (Web-)Page refresh sets it back to original indicators.
Want your own Excel-Template? Download here. No E-mail, no name needed.
Find more and other templates here.
This visualization is part of "Project NEMO" (New/Next Economic Model). It's a system of economic frameworks and metrics to design an economy as if nature and people (potential and needs) matters.
We would be happy if you'd join us and go to "Project NEMO".
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.