{"id":4221,"date":"2024-11-08T23:25:17","date_gmt":"2024-11-08T22:25:17","guid":{"rendered":"https:\/\/www.trusteddecisions.com\/?p=4221"},"modified":"2024-12-04T11:53:38","modified_gmt":"2024-12-04T10:53:38","slug":"efficient-use-of-key-figures-an-interview-with-philipp-wicke-at-the-49th-congress-of-controllers","status":"publish","type":"post","link":"https:\/\/www.trusteddecisions.com\/en\/efficient-use-of-key-figures-an-interview-with-philipp-wicke-at-the-49th-congress-of-controllers\/","title":{"rendered":"Efficient use of key figures"},"content":{"rendered":"\n

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At the 49th Congress of Controllers of the International Controller Association (ICV), which took place on\n28. and\n29. April 2025 in Munich, Peter Bluhm from Atvisio spoke in a video podcast with Philipp Wicke, Managing Director of TD Trusted Decisions GmbH.\nThe interview revolved around a central topic in controlling and corporate management: the efficient use of key figures<\/strong> in companies and how to increase company performance through targeted analysis<\/strong> and the use of modern analysis tools<\/strong>. <\/p>\n\n

Less is more – the right way to deal with key figures<\/strong><\/h2>\n\n

Today’s corporate world is flooded with data and information, and the question arises: which key figures<\/strong> are really decisive for a company’s success?\nIn their interview, Philipp Wicke and Peter Bluhm discussed why the “less is more” approach makes sense when selecting and using key figures<\/strong>.\nPhilipp Wicke used specific examples to illustrate that it is often more effective to focus on a small number of meaningful KPIs<\/strong> instead of getting lost in a sea of data. <\/p>\n\n

Criteria for selecting the “right” key figures<\/strong><\/h2>\n\n

Selecting the “right” key figures<\/strong> is one of the biggest challenges in controlling and corporate management.\nIn the interview, Philipp Wicke discussed the decisive criteria that play a role in this selection. Key figures<\/strong> should always be aligned with the company’s strategic objectives and offer clear added value.\nThey must be both relevant and action-oriented and enable managers to make well-founded decisions.\nOnly in this way can the company’s dashboard<\/strong> become a genuine management tool. <\/p>\n\n

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The role of analysis tools and AI in KPI management<\/strong><\/h2>\n\n

Another key topic of the interview was the use of analysis tools<\/strong> and artificial intelligence (AI)<\/strong> in dealing with key figures<\/strong>.\nPhilipp Wicke explained how modern analysis tools<\/strong> facilitate the analysis<\/strong> of key figures<\/strong> and support managers in reacting quickly to changes.\nThe correct use of these tools enables a deeper insight into company data and helps to focus on the most important metrics.\nAt the same time, Philipp Wicke showed why many managers often tend to use larger dashboards<\/strong> and why it still makes sense to focus on the really important key figures<\/strong>.\nAn overloaded dashboard<\/strong> can cause more confusion than clarity and unnecessarily complicate the decision-making process. <\/p>\n\n

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Continuous review through feedback mechanisms<\/strong><\/h2>\n\n

One of the key messages from the interview is that working with KPIs<\/strong> is a continuous process.\nCompanies should regularly check whether the KPIs<\/strong> used are actually delivering the desired added value.\nPhilipp Wicke emphasized the importance of feedback mechanisms that make it possible to regularly question the metrics<\/strong> and adjust them if necessary.\nBy continuously analyzing<\/strong> the existing metrics, companies can ensure that their dashboard<\/strong> is always focused on the relevant and success-critical aspects.\nThis is the only way to ensure that the focus is always on the key figures<\/strong> that really count. <\/p>\n\n

Conclusion: Efficiency by focusing on the right key figures<\/strong><\/h2>\n\n

The interview with Philipp Wicke offers valuable insights into the art of KPI management<\/strong>.\nIt shows that less is often more when it comes to focusing on the really important aspects and making corporate management more efficient.\nThe targeted use of analysis tools<\/strong> and the concentration on a small number of meaningful key figures<\/strong> enable companies to make well-founded decisions and maintain their position on the market in the long term.\nCompanies that have the courage to focus on the key performance indicators<\/strong> and regularly review them using effective feedback mechanisms create the basis for agile and targeted corporate management. <\/p>\n\n

The podcast<\/strong><\/h2>\n\n

Listen to the full interview and find out more about how the efficient use of key figures<\/strong>, analysis tools<\/strong> and a focused dashboard<\/strong> can revolutionize corporate management.<\/p>\n\n

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