Organizations benefit when they use a structured next generation business performance management and improvement system that provides guidance toward achievement of the 3 R’s of business; i.e., everyone doing the Right things, doing them Right, at the Right time.
The published article titled ″Understanding Data: A Way to Convert a Numbers Table to Automatically Generated Predictive Report-outs″ by Forrest Breyfogle provides a road map for creation of this next generation business performance management and improvement system. An article PDF is available below.
At the end of business quarters, many people spend precious time and effort preparing to satisfy management’s need to know how the business is faring. Executives may receive a large deck of PowerPoint slides or a huge Excel file that tries to summarize their organization’s performance through a table of numbers.
After weeks of collecting this data, the compilation often contains outdated information, can be difficult to interpret and does not present information in a format so that the most appropriate action or non-action will be taken.
How to Create a Next Generation Business Performance Management and Improvement System
The PDF article below describes a next generation business performance management and improvement system performance metrics conversion. With this methodology, organizations can convert a numbers table to automatically generated predictive report-outs in an easy-to-understand format where executives and others can fully understand the data.
A process performance 30,000-foot-level predictive statement which included in this report-out not only provides information how the process is currently performing but what can be expected in the future. If expectations are not what is desired, this metric improvement need requires the execution of a satisfactory process improvement effort.
University and in-house Lean Six Sigma training benefits when this 30,000-foot-level predictive performance reporting is included in their training. When a process improvement is successful the 30,000-foot-level individuals chart transitions to an enhanced level of performance. This form of reporting is a component of the Integrated Enterprise Excellence (IEE) operational excellence system and is described in an IEE five book set. These books can be used in University and in-house training for the creation of a next generation business performance management and improvement system and enhanced Lean Six Sigma training.
How to Create a Next Generation Business Performance Management and Improvement System
An Integrated Enterprise Excellence (IEE) system addresses the need described in a Wikipedia definition for Operational Excellence. IEE integrates predictive scorecards (i.e., 30,000-foot-level metrics) with the processes that created them, from which improvement efforts can be undertaken so that the big-picture benefits. A description of the benefits of IEE 2.0 is described in a one-minute video.
University of Texas sponsored Lean Six Sigma and Operational Excellence workshops provide the details of public offered training, which references, as part of the training a 5-book set on the topics. The creation of 30,000-foot-level reporting is included in this training with the use of a no-charge Minitab add-in.
The above next generation business performance management and improvement system is described in an ASQ Quality Progress December 2014 published article. The title of the article is ″Understanding Data: A Way to Convert a Numbers Table to Automatically Generated Predictive Report-outs″ by Forrest Breyfogle. A copy of this article is available through the link: