Performance measures are not easy to use
The lack of the resources required to track and analyze data is a potential obstacle to using performance measures. Companies need staff who can use the software to accurately interpret and understand the data to make these measures effective. If the company does not have these skills, or is unable to outsource it at an affordable price, then this can become a very costly undertaking.
Companies might consider using free cloud-based services that provide basic analytics to overcome this problem. They could invest in staff training to make them proficient in specific software programs or hiring data analyst consultants who can provide assistance on particular projects. This will help companies reduce the financial cost of collecting performance data, while also allowing them to get valuable insight into their operations that can be used to improve decision-making.