Predictive process response reporting provides enhancements to traditional report-outs. Making comparisons to past responses on an individual point by point basis can lead to taking in appropriate actions that are not beneficial and may be detrimental.
A 30,000-foot-level report can provide a predictive statement. This form of futuristic reporting can be created for both attribute and continuous responses. Variables data can have either subgrouping or no-subgrouping.
If a 30,000-foot-level futuristic statement is undesirable, something needs to be done to improve the processes.
Integrated Enterprise Excellence Volume III chapters 12 and 13 show the benefits of the 30,000-foot-level measurement reporting approach over traditional metric reporting. IEE Vol III also shows how traditional control charting and process capability statements may not provide the best statement of a process-output performance (and what action or not-action should be taken).
IEE Volume III shows the benefits of 30,000-foot-level reporting over traditional methodologies. The Enterprise Performance Reporting System (EPRS) software provides a means for the easy creation of 30,000-foot-level metric reports.
Organizations need quality metrics; however, the question is: what data quality metrics should an organization monitor, and how should these metrics be tracked and reported? This article provides a methodology to answer these questions, “smartly.”
Quality Metrics and their Reporting Read More »
Business metrics reporting enhancements are achieved when organizations use 30,000-foot-level reporting throughout their organization.
Business Metrics Reporting Enhancements: 30,000-foot-level Reporting Read More »
Quality metrics reporting includes reporting organizational costs, on-time delivery, non-conformance rates, lead times, cycle times, and profit.
Quality Metrics Reporting that Leads to the Best Behaviors Read More »
This predictable performance report example illustrates how a traditional table of numbers can be transitioned to a futuristic statement. When the statement about predictive expectations are not desirable, analytics is used to give insight to where focus should be given to improve the output response.
Predictable Performance Report Example with Analytics Read More »
How to use leading and lagging indicators to provide futuristic insight should be an organizational desire. However, if one were to read the results from a Google search on the topic, the conclusion that would probably be made is that a measurement is either a leading indicator or a lagging indicator and much cannot be
How to use Leading and Lagging Indicators for Predictive Statements Read More »
Forrest takes traditional performance metrics and transforms them in to predictive measures that suggest business actions or non-actions. Look at the transformation of the following: – Table of numbers business performance metrics reporting – Red-yellow-green scorecard business performance metrics – Time series business performance measurement dashboard See how the change to a futuristic view can transform your organization!
Creation of a Predictive Analytics Scorecard: Description and Webinar Read More »
This article helps explain the need for analyzing and improving business processes from a bird’s-eye viewpoint.
30,000-Foot-Level Performance Metric Reporting Read More »
Predictive measurement statements can be created using the methodologies described in 30,000-foot-level Reports with Predictive Measurements. This article discusses how organizations can benefit from this enhanced measurement technique. With this understanding, businesses, non-profits, and governmental organizations can make improvements that positively impact the enterprise as a whole.
Business Performance Reporting Examples: 30,000-Foot-Level Report Enhancements Read More »
When non-normally distributed data are tracked over time at the 30,000-foot-level, process stability is to be assessed and a predictive statement provided, when appropriate. However, to make these assessments, a transformation that makes physical sense for this assessment may be needed. This article describes the use of an appropriate transformation from a physical point of view when deciding which actions or non-actions are most appropriate.
Process Behavior Charts for Non-normal Data: A 30,000-foot-level Perspective Read More »
How to report infrequent failures so the best behaviors occurs should be important to a business. A 30,000-foot-level charting approach for infrequent failures can provide many organizational benefits, as described in the PDF linked-to article below.
30,000-foot-level Charting: Infrequent Failures Read More »
