Analyze data
In the next phase of the performance measurement process, you analyze the data you've gathered on your performance metrics and determine their implications. Interpreting performance data is a complex discipline in itself. In many companies, this activity is performed by a unit staffed by experts trained in statistical analysis, correlation and regression analysis, and other data-interpretation approaches and tools.
But in the interest of gaining an overview of the entire performance measurement process, it's helpful to know a bit about how performance data are evaluated and what you and others might look for when interpreting results.