How to Set Your KPI’s Calculation Cadence
June 21, 2016 by Stacey Barr | Leave a CommentConsider the measures your organisation currently uses. How many are calculated annually? Or quarterly? Or monthly? Or weekly? What's the rationale for having chosen that cadence of calculation? One of the bad habits of performance measurement is measuring too infrequently, and this means we miss important signals in our measures.
Filed Under:
Interpreting Performance Results, Using Measures
Let’s Ban KPIs…
June 14, 2016 by Stacey Barr | Leave a CommentMark Hocknell, my lead licensed PuMP Partner, wrote this article, "Let's Ban KPIs", which was posted here as well as Mark's own website. To avoid duplicate content, this article now links...
Filed Under: Balanced Scorecard, Meaningful Performance Measures, Performance Culture
Measuring Without Data
June 7, 2016 by Stacey Barr | Leave a CommentA perceived lack of data - or lack of data with reasonable quality - is a constraint that stops many people from even trying to develop meaningful performance measures. That sounds logical enough, but it assumes that value of measurement only comes at the end of the process. What if you measured without data?
Filed Under: Data Collection and Integrity, Performance Philosophy, Using Measures
Are Your KPIs Telling You What You Really Need to Know?
May 31, 2016 by Stacey Barr | Leave a CommentWe shouldn't measure something because it's easy to. Nor should we measure something because we always have. Nor should we measure something because "they" do. We should measure something only because it tells us what we need to know. Can your KPIs pass this test? ...
Filed Under: Meaningful Performance Measures, Using Measures