Creating Meaningful KPIs

Creating Meaningful KPIs – Or to put it another way; ‘give your company a fighting chance to successfully implement its strategy’ This might seem a bit glib, but the reality is successful strategy is not determined by definition alone. Some of the greatest...

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 in 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...

Performance Measures – Part 3

Performance Measures – Part 3 : A Key Performance Indicator (KPI) needs to be clearly defined, rated in terms of importance and calculated and assigned ownership. This week we will look at calculation and assigning ownership. The measure needs to be calculated...

Performance Measures – Part 1

Performance Measures – Part 1: There are three key activities that need to occur when identifying a performance measure/KPIs: The measure needs to be clearly described (and based on an objective) The measure needs to be rated in terms of importance The measure...