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.
Red-yellow-green scorecards or stoplight scorecards, which assess functional performance relative to established goals, can lead to firefighting and not the best behavior.
Stoplight Scorecards: Issues and Resolution Read More »
An enhanced performance dashboard template is available through the Integrated Enterprise Excellence (IEE) Business Management System. The IEE 30,000-foot-level reporting process provides predictive analytics for the creation performance dashboards.
Enhanced Performance Dashboard Template Process Read More »
Organizations benefit from scorecard template procedure predictive scorecards, which provides additional insight for improved decision making. This balanced organizational scorecard template provides a procedure for creating predictive statements for performance scorecards. The described approach addresses the shortcomings of many traditional performance metrics report-outs. Shortcomings of Traditional Scorecard and Performance Reporting Traditional metric reporting often has
Scorecard Template Procedure Predictive Scorecards Read More »
An enhanced performance metrics template for scorecard reporting is available through the Integrated Enterprise Excellence (IEE) Business Management System. With the IEE system, predictive analytic performance metrics are integrated with the processes that created them through an IEE value chain.
Enhanced Performance Metrics Template: Integrated Enterprise Excellence System Read More »
A performance measurement system that creates and manages key performance indicators (KPIs) needs to be management’s eyes to the process. It needs to stimulate the most appropriate behavior. Successful performance measures contain a naturally balanced organizational set of measurements which provides an unbiased process performance assessment that leads to the 3 Rs of business; i.e.,
Performance Measurement System in Integrated Enterprise Excellence Read More »
There is a need for improving variable control charting. Why? Have you ever been frustrated by numerous out-of-control signals on a variable control chart without finding clear reasons for them? You’re not alone. While traditional variable control charting methods have been used for over a century, their mathematical limitations can often mislead organizations into wasting
Improving Variable Control Charting: A Smarter Way Forward (Video) Read More »
Have you seen many out-of-control signals from a variable control chart and cannot find reasons for the occurrences? You are not alone!
Even though traditional control charting techniques have existed for more than 100 years, some critical charting mathematical properties can result in applications that are wasteful and harmful. The Quality Magazine article in the link below highlights potential control-charting issues and provide an alternative using a free 30,000-foot-level metric-reporting app. This published article is a
Thirty references for 30,000-foot-level metric reporting and the Integrated Enterprise Excellence (IEE) business management system are provided below.
Even though traditional control charting techniques have existed for over 100 years, some critical mathematical properties of these charts can lead to organizational applications that are wasteful and harmful.
Control Charting Techniques Integration with Process Capability and Enhanced KPI Reports Read More »
