How Good Measures, In Isolation, Can Be Bad
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What Does a KPI Owner Do?
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The best and most meaningful performance measure in the world can be rendered utterly useless if no one is clear about who should interpret and use it. (more…)
The 9 Steps to Success for the Balanced Scorecard
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Donald Trump Jr., on 21st Century TV, interviewed my friends Howard Rohm (CEO) and Gail Stout Perry (Vice-President of Strategic Solutions) from the Balanced Scorecard Institute. During the interview they shared some great tips about strategy design, specifically with their approach to the Balanced Scorecard. They discussed:
- the problems of the C-Suite designing goals that fail ...
Are These 8 Excuses Holding You Back From Great KPIs?
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How to Test if Your Strategic Goal Is Really Strategic
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When you struggle to find meaningful measures for your strategic goals, there are a few problems that have to be fixed. I've written passionately and prolifically about how weasel words make goals immeasurable. And there's another problem too, called multi-focus. Multi-focus is when we blend several performance results into a single goal statem...
Bullet Graphs or Smartlines – Which One is Best?
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4 Uncomfortable Truths About Getting Great KPIs
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Most managers and executives will never have truly transformational performance measures because they aren't prepared to pay the price for them. The price isn't a consultant's invoice, or a training registration fee, or a swanky dashboard. The price is discomfort. And for many, it would seem, this price is simply too high.
How to Build a Bullet Graph the PuMP Way
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5 Steps to Win Executive Support for KPIs
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Particularly in larger organisations, not much organisation-wide change can happen (and stick) without executive support. Implementing a new performance measurement approach is particularly hard without executive support. But there is a way to win executive support for KPIs. A way that consistently works...
6 Reasons to Stop Measuring It
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If you're problem isn't having too few performance measures, then most certainly it's having too many. We don't like to let go of our performance measures because we might just need them someday, and it took a lot of effort to get them in the first place. These aren't good reasons for keeping them, and doing so will cause us more harm than good.
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