Key Performance Indicators

Key Performance Indicators (KPIs) are critical performance measures that are important to the business. Targets can be set for improved KPI responses; however, care must be exercised with both KPI measurement tracking and the setting of KPI goals.

So that the most appropriate behavior results, KPIs tracking needs to view that the metric is the result of processes that have variability. Organizations benefit when they use an Integrated Enterprise Excellence (IEE) 30,000-foot-level metric tracking approach for the reporting of KPIs. This high-level metric reporting approach separates the typical variability of a process-output response from unusual events. In addition, 30,000-foot-level reporting of KPIs provides a predictive process-output response for stable processes.

If a KPI 30,000-foot-level futuristic response is undesirable, process improvement efforts are need to enhance the response. Statistical indication that an improvement has been made from process-enhancement work is when an enhanced performance response is indicated in the 30,000-foot-level chart.

Process Performance and KPI Tracking 2.0: Diabetes Measurement and Improvement Example

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.

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KPI Report Example: Applying a Free Enhanced KPI Reporting App for Subgrouped Data

Provided is a Key Performance Indicator KPI report example that illustrates a solution to the complaint that an organization’s current KPI table of numbers and red-yellow-green scorecard reporting is ineffective and does not lead to the best behaviors; e.g., is there a current issue that needs resolving or should a process improvement effort be undertaken.

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