K012654 Question To Insight 1
K012654 Question To Insight 1
K012654 Question To Insight 1
There are several departments and teams in any organization focused on solving problems and providing insights to support decision making (e.g.,
market research, competitive intelligence, customer insights, analytics.) However, to ensure that these disparate teams’ efforts can be combined or
integrated an organization needs a single high-level process for these efforts. Hence the Question-to-Insights, end-to-end process is the coordinated
approach to conducting (primary, secondary, qualitative, and quantitative) research and analysis to answer business questions.
Figure 1
A common struggle for any end-to-end process management is identifying the right measures that encapsulate the value or high-level impact of the
process. These key performance indicators (KPIs) allow the organization to focus all participants in the end-to-end Question-to-Insight process on a
shared goal that aligns with the strategic purpose of the process.
PLAN RESEARCH
Definition—Refers to the process of understanding stakeholder needs, the codification of the project idea into a scope, the creation of the
project research plan, and development on the instrument used to collect data and insights.
Figure 2
Figure 3
Phase-Specific KPIs:
» Data accuracy and timeliness
» Productivity measures: cycle time, costs, number of FTEs
Figure 4
Phase-Specific KPIs:
» Stakeholder satisfaction
» Accuracy of results, predictions, or models (e.g., mean absolute error, root mean square error, or Brier score)
» Productivity measures: cycle time, costs, number of FTEs
Figure 5
Phase-Specific KPIs:
» Utilization or consumption of results
» Accuracy and timeliness of reports and recommendations
» Stakeholder satisfaction or confidence
» Productivity measures: cycle time, costs, number of FTEs
Start Plan Research Collect Data (20961) Conduct Analysis Report Insights End
Develop and
Create data models
manage hypotheses
(21462)
(20960)
Figure 6
Variant-Specific KPIs:
» Stakeholder confidence or satisfaction
» Utilization or consumption of results
» Number of service requests
» Project-specific KPIs
» Productivity measures: cycle time, costs, number of FTEs
Start Plan research Collect Data Conduct Analysis Report Insights End
Determine
Identify workforce Transform Communicate
stakeholder
data sources workforce analysis workforce analysis
requirements
(21445) data (21448) outcomes (21450)
(21442)
Develop insights
Identify research Gather workforce into workforce
questions (21443) data (21446) analytics outcomes
(21449)
Select workforce
analysis
methodology
(21444)
Figure 7
Variant-Specific KPIs:
» Stakeholder confidence or satisfaction
» Utilization or consumption of results
» Number of service requests
» Employee retention
» Employee satisfaction
Number of FTEs that perform the process group "manage employee information and analytics" 4.0 1,979
106364
per $1 billion revenue
Total cost to perform the process group "manage employee information and analytics" per $1,000 $0.26 511
106380
revenue
ABOUT APQC
APQC helps organizations work smarter, faster, and with greater confidence. It is the world’s foremost authority in benchmarking, best practices,
process and performance improvement, and knowledge management. APQC’s unique structure as a member-based nonprofit makes it a differentiator
in the marketplace. APQC partners with more than 500 member organizations worldwide in all industries. With more than 40 years of experience, APQC
remains the world’s leader in transforming organizations. Visit us at www.apqc.org, and learn how you can make best practices your practices