Performance measurement is a critical tool for guiding strategy execution, decision making, and operational improvement. Every business does track financial results on a regular basis. There is no doubt financial health is important but performance in other aspects of the business is just as crucial. In fact, operational and customer… [More]
Can Your Measures Answer the ‘So what’ Question?
How to Manage Meeting Action Items and Get Results
Meetings are held to gather input, discuss issues, develop solutions, make decisions, and identify next steps. They facilitate the development of alignment from the attendees on the plan of action, which in turn becomes a commitment to delivering the desired outcomes. Each meeting generates many action items. To ensure that… [More]
How to Make Your Dashboard Useful
How to Overcome Top 5 Operational Excellence Challenges
Customer expectations and competition continue to exert pressures on businesses to strive for operational excellence. Despite a familiar topic for executives and senior leaders, there is still ample room to grow and excel in creating exceptional customer value through operational excellence. A recent survey conducted by Proqis on the Global… [More]
Decisive Risk-taking
Crossing the road blind-folded is not a good idea. You risk missing the curb or running into other people. For the visually impaired people, they are trained to handle these risks. They use a cane and listen to the accessible pedestrian signal for cues. Risk-taking is inevitable in business. Avoiding… [More]
Getting Unstuck from Your KPIs
Putting People First
The sudden departure of a handful of skilled employees is detrimental to any business. The impacts are wide. Employee morale takes a hit. Immediate workload redistribution is inevitable. Projects are put on hold. While leaders attempt to maintain operations at the same level, customers are impacted as a result. Despite… [More]
Siloed Performance Indicators
Leading like an Opera Conductor
Seated in the Opera Bastille watching the performance of La Boheme in Paris, I was fascinated by the orchestra playing in the pit. The different instruments delivered perfectly synchronized music accentuating the dramatic moments of the opera. This was made possible by the conductor, who led the ‘team’ to deliver… [More]
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