Summary
In this chapter, we have covered what a KPI is and how it can help us convert perceptions into measurable indicators that we can use to track initiatives not limited to cost optimization. From high-level KPIs to low-level operational KPIs, we have learned how we can get key insights into many critical pain points for organizations that will help us on our journey to cost optimization by defining a step-by-step process to properly design and implement long-lasting KPIs that will make an impact.
Alongside KPIs, we have also covered the OKR methodology, which can help us set proper goals tied to our KPIs to foster team collaboration and raise motivation.
To close the chapter, we have tried to provide as many examples as possible to give our readers a practical approach that can actually be used in real life.
In the next chapter, we will venture into FinOps roles and processes, which is an essential aspect to grasp to prevent FinOps practices becoming a one-time exercise...
