--- title: "Most Important Metrics: Priorities " description: Helping you understand the metrics that Peerview Data can help you track and analyze and why your company needs them. image: https://www.peerviewdata.com/hubfs/Stock%20Photos/AdobeStock_57048458.jpeg --- [![](https://www.peerviewdata.com/hs-fs/hubfs/PD%20logo_horiz_gradient.png?width=182&height=80&name=PD%20logo_horiz_gradient.png)](https://www.peerviewdata.com/) # Peerview Data Insights ## Most Important Metrics: Priorities  by [Katlyn Allen](https://www.peerviewdata.com/old-blog/author/katlyn-allen), on Apr 6, 2018 10:30:00 AM **It's generally more efficient to be proactive than it is to do damage control. Think of any time you've found yourself stranded on the highway. You're scrambling to call a tow truck, pay the driver, find a mechanic for an emergency visit, and call your boss to say you won't be in "for a while" as you sit in a sticky waiting room and wonder just how much this guy at the counter is going to jack up your prices. ** **Wouldn't it have been easier to have checked the engine when the warning light came on your dash?** **The same goes for your business. The Peerview Data app can help alert you to problems before "bad" gets to "worse," ****helping you avoid having to damage control or sop up a mess that could have been avoided. ** - **KPI: **Priorities - **DEFINITION: **Areas of your business that need attention to achieve performance goals or avoid larger problems.  - **SIGNIFICANCE: **Keeping tabs on your priorities is important as it's more efficient to be proactive and prevent a disaster than it is to spend time and resources cleaning up a mess that could've been avoided. - **RECOMMENDATION: **Track how you're doing compared to other companies in your field. Through these comparisons you can better gauge what your priorities *should* be and where bigger issues can be avoided in the near future by tending to certain things now.  **Companies are generating more data than ever before, but most of it just sits there. Getting good insights from it is often *too hard*, *too costly* or just takes *too much time*. ****That's too bad because the benefits of being data-driven are substantial. ****(See [The ROI of Big Data, Analytics & Benchmarking](https://www.peerviewdata.com/blog/topic/roi) for more.) ****Part of the reason we developed our [Big Data, analytics and benchmarking software](https://www.peerviewdata.com/company-demo-request) was to solve this problem so CEOs and senior managers could get the data-driven insights they need to leverage strengths, strengthen weaknesses, identify threats and exploit opportunities. ****This series of blog posts examines ****the individual performance metrics that make up that analysis.** **For more information on the value of measuring financial ratios, [read here.](https://www.entrepreneur.com/article/297159)**   - [Tweet](https://twitter.com/share) ### Subscribe to Email Updates ### Recent Posts ### Posts by Topic - [Analytics (89)](https://www.peerviewdata.com/old-blog/topic/analytics) - 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