Building an Effective Scorecard
Building an Effective Scorecard – In our previous blog, we looked at the Red, Amber, Green measurement system and established how this could add value to KPI reporting. Now, we will turn our attention to business scorecards themselves. All organisations need to...
Red, Amber, Green Reporting
Every business needs to understand its strategic strengths and pain points and will use Key Performance Indicators (KPI) to do this within a framework such as the Balanced Scorecard. But when managers need to review reports, they must rapidly and accurately evaluate...
Better Measurement equals Better Management
Better measurement equals better management We’ve talked recently in some depth about Key Performance Indicators and the need to select the right number of meaningful KPIs which truly matter to the organisation’s strategic priorities. For managers, diving...
Too much time chasing updates?
Chasing Updates Spare a thought for the poor individual charged with creating reports for monthly management meetings! When old-fashioned processes are still being used, huge amounts of time, resource and energy are wasted on: Chasing people for updatesChasing those...
Using KPIs to manage your business
Using KPIs to manage your business It’s all too easy to get lost in the complexities of strategic planning and the detail that comes with it. From debating reporting scorecards to considering data sets for measurement, the risk is always losing sight of the...