Laney P’ Chart vs. a 30,000-foot-level Report
A Laney P’ Chart has advantages over a p-chart but is different and has another objective than a 30,000-foot-level report alternative.
Organizations often use a performance metrics system that only provides point to point comparisons. For example, the currently monthly profitability of a business might be compared to last month. Any movement that is not desirable often leads to a search for what happened.
This what-happened investigation can result in the treatment of common cause variability as though it were special cause. Wasteful firefighting often is a result of traditional metric report-outs and nothing positive happens relative to making a metric improve over time.
A 30,000-foot-level predictive reporting methodology addresses this traditional metric reporting format shortcoming. With 30,000-foot-level metric reporting, a predictive statement assessment is made. If a process output performance is stable and the futuristic response is undesirable, this metric desirable shortcoming pulls for the creation of a process improvement effort that enhances the measurement’s response.
Enterprise Performance Reporting System (EPRS) software provides a means to easily create 30,000-foot-level report outs. A statistical shift in the time-series portion of a 30,000-foot-level metric is an indicator that the process output changed, either to the betterment or degradation. When this happens a new predictive process statement can then be made using this software.
A Laney P’ Chart has advantages over a p-chart but is different and has another objective than a 30,000-foot-level report alternative.
Quality metrics reporting includes reporting organizational costs, on-time delivery, non-conformance rates, lead times, cycle times, and profit.
A high performance management system provides an integration of different activities to create a performance management cycle.
KPI dashboard software that reports process performance metrics in a 30,000-foot-level format has many advantages over traditional reporting approaches.
This KPI reporting video of a free app resolves commonplace control chart, process capability, and KPI reporting issues.
A kaizen blitz approach to improve a KPI measurement or process output measured response that benefits the business as a whole is described in the videos below.
A free app for conducting a process capability study is available. With traditional process capability Cp, Cpk, Pp, and Ppk indices reporting, there are fundamental “elephant in the room” problems that this app resolves.
Traditional KPI reporting and performance metrics reporting can lead to unhealthy if not destructive organizational behaviors. A 30,000-foot-level reporting 2.0 methodology with its free app overcomes these problems.
Traditional performance metrics reporting can lead to much organizational waste, costly firefighting, and frustration. The methodology below (with provided no-charge creation app) can be considered a “best way” to overcome these problems.
This process performance and KPI Tracking 2.0 example uses a colleague’s diabetes measurement data to illustrate an enhanced statistical-based process performance and Key Performance Indicator (KPI) tracking methodology that encourages and displays results from process enhancement efforts.