Notes
Slide Show
Outline
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Effective Metrics
  • Taking Your Performance Management Initiative to the Next Level
  • By
  • Norma Simons
  • Simons-White & Associates, Inc.
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"Performance Metrics"
  • Performance Metrics
  • Criteria for assessing performance metrics
  • From performance measurement to performance management
  • Impact on the bottom-line
  • Words of caution



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"Performance Metrics"
  • Performance Metrics
  • Criteria for assessing performance metrics
  • From performance measurement to performance management
  • Impact on the bottom-line
  • Words of caution



4
"Performance Metrics"
  • Performance Metrics
  • Criteria for assessing performance metrics
  • From performance measurement to performance management
  • Impact on the bottom-line
  • Words of caution



5
"Performance Metrics"
  • Performance Metrics
  • Criteria for assessing performance metrics
  • From performance measurement to performance management
  • Impact on the bottom-line
  • Words of caution



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"Performance Metrics"
  • Performance Metrics
  • Criteria for assessing performance metrics
  • From performance measurement to performance management
  • Impact on the bottom-line
  • Words of caution



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"What are performance metrics"
  • What are performance metrics


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"Cornerstone and key component of..."
  • Cornerstone and key component of Business Intelligence


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"Basis for continuous improvement"
  • Basis for continuous improvement
  • Know where to apply resources
  • Ability to delegate
  • Move away micro management
  • Employees able to understand expectations
  • Employees given the tools to add value
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The Balanced Scorecard
  • The Balanced Scorecard focuses on
  • the indicators
  • that drive corporate performance, as well as the financial measures.
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Causal Model Example
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"Measurable"
  • Measurable
  • Simple to define and communicate
  • Drives appropriate action
  • Well defined, easy to interpret (trend line)
  • Sensitive to small changes
  • Timely
  • Customer oriented
  • Tied to the strategy
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"Measurable"
  • Measurable
  • Simple to define and communicate
  • Drives appropriate action
  • Well defined, easy to interpret (trend line)
  • Sensitive to small changes
  • Timely
  • Customer oriented
  • Tied to the strategy
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"Measurable"
  • Measurable
  • Simple to define and communicate
  • Drives appropriate action
  • Well defined, easy to interpret (trend line)
  • Sensitive to small changes
  • Timely
  • Customer oriented
  • Tied to the strategy
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"Measurable"
  • Measurable
  • Simple to define and communicate
  • Drives appropriate action
  • Well defined, easy to interpret (trend line)
  • Sensitive to small changes
  • Timely
  • Customer oriented
  • Tied to the strategy
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"Measurable"
  • Measurable
  • Simple to define and communicate
  • Drives appropriate action
  • Well defined, easy to interpret (trend line)
  • Sensitive to small changes
  • Timely
  • Customer oriented
  • Tied to the strategy
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"Measurable"
  • Measurable
  • Simple to define and communicate
  • Drives appropriate action
  • Well defined, easy to interpret (trend line)
  • Sensitive to small changes
  • Timely
  • Customer oriented
  • Tied to the strategy
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"Measurable"
  • Measurable
  • Simple to define and communicate
  • Drives appropriate action
  • Well defined, easy to interpret (trend line)
  • Sensitive to small changes
  • Timely
  • Customer oriented
  • Tied to the strategy
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"Measurable"
  • Measurable
  • Simple to define and communicate
  • Drives appropriate action
  • Well defined, easy to interpret (trend line)
  • Sensitive to small changes
  • Timely
  • Customer oriented
  • Tied to the strategy
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"Structured deployment process"
  • Structured deployment process
  • Review system at all levels
  • Data analysis –correct data interpretation
  • Structured problem solving
  • Feedback that promotes organizational learning
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Review System
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Data Analysis
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Structured Problem Solving
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Structured Problem Solving
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"Data manipulation"
  • Data manipulation
    • Operational definition
    • Measures and counter measures
    • Training
    • Action plan/problem solving
  • Reward and recognition
  • Using measures to command and control
  • Understanding the cultural component


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"Integrate the software with the..."
  • Integrate the software with the performance management system:
    • Evaluate effectiveness of current measures
    • Deploy metrics linking strategy to operation
    • Ensure that all individuals have access to required data and are held accountable
    • Review the data regularly, and implement problem solving activity to correct deficiencies
    • Pay attention to the cultural component


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Effective Metrics
  • Taking Your Performance Management Initiative to the Next Level
  • By
  • Norma Simons
  • Simons-White & Associates, Inc.
  • 800 842 5640
  • nsimons@simons-white.com
  • www.simons-white.com