What is an essential characteristic of indicators in Performance Analytics?

Indicators in Performance Analytics are fundamentally designed to track specific processes over time. This characteristic is crucial because it allows organizations to monitor their performance metrics continuously and make data-driven decisions. By focusing on specific processes, indicators help analysts identify trends, determine efficiency, and assess progress towards goals.

Tracking over time equips stakeholders with historical context, enabling them to understand how changes in business operations affect performance. This time-based analysis can help in benchmarking against targets or comparing performance across periods, thus fostering a continuous improvement cycle.

While qualitative aspects and manual updates may play a role in performance evaluation, the primary function of indicators relates to their ability to provide a measurable, time-sensitive analysis. Additionally, indicators can be displayed in various formats beyond just tables, including dashboards and graphs that enhance visual representation and understanding of the data.