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Improvements through Data
www.optimumfx.com
Intent of session
• Understand a ‘success formula’ to getting results with
data
• Provide you with a consistent way of getting results that
can be applied to any metric
• Understand how this formula can be applied to any
situation to drive improvement
• Get a better understanding how the ‘inputs’ to taking
action have an effect on the results achieved
OptimumFX Success Formula
Information Focus Action Results
• Accurate
• Consistent
• Visual
• Management routines
• Leadership buy-in
• Effective decision-
making
• Targeted activity
• Pro-active
improvement
• Forward-focused
• Step change
• Continuous
improvement
• Sustainable benefits
(Information x Focus) x Action = Results
• Inaccurate information = poor results
• Inadequate focus = poor result
• Low no. of decisions / actions = poor results
MANAGE AND MEASURE THE INPUTS AND
THE RESULTS ARE GUARANTEED
Felt Need / Culture
Knowledge & Skills
x xInformation Focus Effective Action Results
Why Each Element is Vital
With Without
Information Laser-guided Shooting in the Dark
Focus Real-time knowledge Target has moved, new targets
Actions Taking right action No change, get worse
(Information x Focus) x Action = Results

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Improvements through data - overview

  • 2. Intent of session • Understand a ‘success formula’ to getting results with data • Provide you with a consistent way of getting results that can be applied to any metric • Understand how this formula can be applied to any situation to drive improvement • Get a better understanding how the ‘inputs’ to taking action have an effect on the results achieved
  • 3. OptimumFX Success Formula Information Focus Action Results • Accurate • Consistent • Visual • Management routines • Leadership buy-in • Effective decision- making • Targeted activity • Pro-active improvement • Forward-focused • Step change • Continuous improvement • Sustainable benefits (Information x Focus) x Action = Results • Inaccurate information = poor results • Inadequate focus = poor result • Low no. of decisions / actions = poor results MANAGE AND MEASURE THE INPUTS AND THE RESULTS ARE GUARANTEED
  • 4. Felt Need / Culture Knowledge & Skills x xInformation Focus Effective Action Results
  • 5. Why Each Element is Vital With Without Information Laser-guided Shooting in the Dark Focus Real-time knowledge Target has moved, new targets Actions Taking right action No change, get worse (Information x Focus) x Action = Results

Notes de l'éditeur

  1. This formula can be used for improving any metric Yield, Line utilisation, Engagement, Water use, Energy use