| Business process measures trigger
action by clearly defining current performance, quantifying
ideal performance, and identifying the gaps to be addressed
by management and employee action.
Unfortunately, while businesses change and adapt
to new market pressures and trends, the business performance
metrics remain unchanged. Typically the performance metrics
in use have essentially remained unchanged for five or more
years and no longer focus on the current needs of the enterprise.
Over the years, we’ve developed a rule of thumb that
50% of metrics should change every 18 to 36 months as business
conditions and the business environment evolve. We focus on
process metrics (leading indicators) that will guide people
toward desired results.
We take special care in re-defining these measurables,
relating them directly back to the strategic initiatives of
the enterprise. We install Key Performance Indicators (KPIs)
that provide clear direction to the current business goals.
The cause-and-effect relationships must be obvious, so we
use tools like a KPI roadmap and the YX matrix from six-sigma
to identify the high-leverage indicators for current business
conditions.
Results and Benefits:
• Fact-Based Decision-Making — With Data
• Organization Focus on What's Important — Key
to Continual Improvement
|
• Assessment of current measurement
metrics
• Installing KPIs
• Identifying and defining high- leverage indicators
• Strategic Planning Workshop & Executive
Management Work
Sessions
Please
Contact us
if you wish
to learn more |
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