Why Red Amber Green (RAG)?

A Key Performance Indicator (KPI) is meaningless unless its value can be compared to something. Without a comparison it is impossible to say if the value is good, bad or indifferent. The comparator could be a target based on previous performance or on a notional...

Key Performance Indicators – Book Review

Every company and organisation is unique, every company and organisation is striving to be the very best at what they do. Does this mean that the things they measure should be unique and different too? Clearly there will be some things that differ across industries...

Are my objectives actually activities?

Are my Strategic Objectives actually Activities? One of the most common mistakes in Objective definition is to focus on activities rather than results. Objectives, like performance measures, are concerned with results. It is essential to frame objectives in...

How consistent is your monthly reporting?

Monthly Reporting: Two of the greatest productivity tools used in business today, large or small, are spreadsheets and PowerPoint presentations. Without doubt, these two desktop applications have changed the way we conduct business and have allowed us to analyse and...

5 Questions to ask when defining Performance Measures

The golden rule: Performance measures are based on objectives. A performance measure should not exist unless it is based on an objective. Without wanting to deflect attention away from performance measures, a small digression is required; what do we mean by...

What is a Performance Measure?

What is a performance measure? In business, government and non-profit organisations we measure a multitude of things. We hope this will help improve our processes. Unfortunately, this is not often the case. Where we think we have a decent set of performance measures,...