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Performance Management KPI Identification
What is Performance Management? Performance Management is having access to the right information at the right time; letting decision makers align the right decisions with each other and with corporate goals. The information you track becomes your Key Performance Indicators (KPIs). An effective performance management solution is critical to the success of a company. A performance dashboard provides data visualization — the ability to view your KPIs graphically. © Scope Consulting 2009
What is Performance Management? While all dashboards provide a graphical view of a set of KPIs, not all dashboards are true performance dashboards.  A performance dashboard needs to provide you with the information you need to monitor, analyze, and manage the key activities and processes that lead to achieving your objectives.  A true performance dashboard must have the following elements: ,[object Object]
 Compatibility with any data source
 Ability to drill-down into the data
 Quick to deploy
 Easily customisable© Scope Consulting 2009
KPI Characteristics © Scope Consulting 2009
Performance Management ,[object Object],What to measure ,[object Object]
 Map the “true” business processes

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Performance Management an Introduction to KPI

  • 1. Performance Management KPI Identification
  • 2. What is Performance Management? Performance Management is having access to the right information at the right time; letting decision makers align the right decisions with each other and with corporate goals. The information you track becomes your Key Performance Indicators (KPIs). An effective performance management solution is critical to the success of a company. A performance dashboard provides data visualization — the ability to view your KPIs graphically. © Scope Consulting 2009
  • 3.
  • 4. Compatibility with any data source
  • 5. Ability to drill-down into the data
  • 6. Quick to deploy
  • 7. Easily customisable© Scope Consulting 2009
  • 8. KPI Characteristics © Scope Consulting 2009
  • 9.
  • 10. Map the “true” business processes
  • 12. Identify key inputs and outputs from process flows
  • 13. Identify any current controls and their use© Scope Consulting 2009
  • 14.
  • 15. Identify critical and supporting processesWhen thinking about value, think about what your customers would be prepared to pay for, and which they would not! © Scope Consulting 2009
  • 16.
  • 17. Identify and define any standards used within the organization
  • 18. Publish and agree the definitions throughout the business© Scope Consulting 2009
  • 19.
  • 20. Consult on the most appropriate method of implementation
  • 21. Scorecards measure people, business units or logical entity against specific targets
  • 22. Dashboards measure a process, a piece of equipment or a specific business metric such as YTD sales© Scope Consulting 2009
  • 23. Performance Management Identify the “real” processes Where to concentrate the effort Define the standards Method of implementation © Scope Consulting 2009
  • 24. KPI Management © Scope Consulting 2009