Measuring Success

" What Get looks At Get's Fixed"

 

Accurately measuring a firm or organizations success is one of cornerstones of building performance. It is also one of the largest challenges to do well.

The points below have been left in point form due to the sheer volume of information, one of our team will be pleased to assist you with them.

Understanding "Key Performance Indicators"

• KPI's measure the effectiveness of an item not always just the item itself,
• Realtionships between measurement items and effective trigger sometimes not directly apparent,
• Picking KPI's an important task that should not be taken lightly

Evaluating What To Measure Thats Actually Important

• What is important to the firm or organization,
• Purely performance numbers or addition of less precise factors,
• Indirect measurement of some items may be required (one thing affects another),
• Don't waste effort on measuring things just for the sake of it
• Measure things that can effect change

Evaluating Measurement Against Firm Strategy

• Measurements must reflect and monitor strategy items,
• Measurements must find and distill if the strategy is successful in its application

For more on Creating Strategy That Works ...click here

Determining Methods For Measurement

• Can they be measured,
  • Manually,
  • Automated by a system,
  • Indirectly by other changes within internal or external environments,
• Surveys of internal or external resources,
• Data Sampling and size concerns

Remediating Or Working Around Data Integrity Gaps

• Where data cannot be directly measured with integrity can,
• The data integrity be fixed,
• Integrity loss be considered acceptable,
• Find another indicator similar where the intregrity is solid

Creating Automated Forced Delivery Reporting

• Reporting delivered automatically to designated team members,
• Reports selected on the basis of importance,
• Remainder of reports on a self service model available at any time

For more on Automating Workflow ...click here

For further information or to speak with an Advisor Free Of Charge contact us: by email ... click here or call 888-980-7520

Thanking you in advance for the honour to be of service,

Constant Improvement Group

Workflow, Performance, & Innovation Leaders

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