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KPI Best Practices
Presented by:
Howard Rohm, Co-Founder and President
Suzy Nisbet, Senior Associate and Consultant
Balanced Scorecard Institute
November 2017
1
2
• KPI Myths and Mistakes
• KPI Best Practices
Topics
“People and their managers are working so hard to be sure
things are done right,
that they hardly have time to decide if they are
doing the right things.”
Stephen R. Covey
Good KPIs (Performance Measures):
• Provide objective evidence of progress on achieving a
strategic objective or goal
• Measure what is intended to be measured, to help
inform better decision making
• Offer a comparison that gauges the degree of
performance change over time
• Track organization progress -- organization efficiency
and effectiveness -- quality, timeliness, safety and
security, governance, compliance, behaviors, economics,
project performance, personnel performance, and
resource utilization
• Are valid, verifiable and balanced between leading and
lagging indicators
KPI Definition and Guiding Principles
KPI’s are the critical (key) indicators of progress toward
a desirable outcome
3
“I’ll Find My Measures In A Book (or on the Internet)”
Performance Measurement Myths and Mistakes
4
Performance Measurement Myths and Mistakes
5
Milestone Measures are Not Strategic Measures
Goal
or
Objective
Do Initiative
Measure
Initiative
ABetterSequence
Strategic
Objective
Strategic
Initiatives
Strategic
Measures
and Targets
 Project
Measures
and Targets
0
10
20
30
40
50
60
2005 2006 2007 2008
Total No. of Employees
Leaving the Organization
“Our employees are
leaving—we’re in
trouble!”
0
500
1000
1500
2000
2500
2005 2006 2007 2008
Total No. of
Employees
0%
2%
4%
6%
2005 2006 2007 2008
Turnover Ratio = No. leaving /
total No. of employees
Many measures are best expressed as
ratios:
• Percent completion
• Coverage, fraction of the total possible
• Error or defect rate
• Per capita cost
• Efficiency = Output / Input
• Productivity = Output / Cost (or Output /
work hour)
“We need to start counting things.”
PerformanceMeasurementMythsandMistakes
6
“We’re in a hurry…let’s just use the measures we have.”
Other Performance Measurement Myths
and Mistakes
7
“Here is an easy way to do this —write a vision (or mission)
statement, set some goals, select programs and projects for
each goal “bucket”, and pick some milestone measures.”
“Our strategy is what we are currently working on…find
some measures there.”
“Just buy some software for performance reporting…use the
measures the come with the software.”
21st Century Strategic Management System
“Connects the Dots”
8
Answers Both Strategic and Operational Questions:
“Are we doing the right things, and are we doing them right?”
Vision
Mission
Goals
(Desired Results)
Strategy & Objectives
(The “Strategic How”)
Budget and Strategic Operating
Plan (“How Much and What”)
Projects, Programs, and
Services
Are we doing
the right
things?Performance
Information
Are we doing
things right ?Operate with Excellence
KPIs Help With Many Management Challenges
9
Adapted from Performance Measurement, Gary Cokins, 2009
Helps managers and employees understand and
monitor organizational strategy
Strategy execution
failures
Employees understand what is desired and take
accountability for hitting targets; builds
enterprise-wide accountability for results also
Lack of accountability
for results
Provides analytical basis for faster, more
informed decisions
Decision making too
slow or based on
limited information
Provides efficiency and effectiveness
performance information to inform budgeting
Lack of strategy input
to the budgeting
process
1 Describe Intended Results
2
Understand Alternative
Measures
3
Select the Right Measures for
Objectives
4
Define Composite Indicators, If
Needed
5 Set Targets & Thresholds
6
Define and Document Selected
Performance Measures
KPI Development
Step Five
7
Select the Most Appropriate
Automation Tool
8
Collect and Monitor
Performance
9 Analyze and Draw Conclusions
10 Improve Performance
Performance Analysis
Step Seven
Performance Measurement and Analysis
“Deep Dive” Process
10
Performance Data / Analysis / Public and Internal Reporting
Reporting
Different Types of KPIs Measure Organizational
Performance
11
• Financial
• Customer
• Internal Process
• Organizational
Capacity
Strategic
Measures
• Efficiency
• Output
• Quality
• Timeliness
Operational Measures
(Product / Program / Service)
• Schedule
• Resource
• Risk
• Scope
Project
Measures
• Human Behavior
• Human
Performance
Employee
Measures
• Hazard
• Economic
• Security
• Operational
• Strategic
Risk
Measures
Strategic Impact Measurements
Operational Measurements
Inputs
(e.g., FTE’s,
budgets)
Process
(e.g., efficiency –
output/input,
cycle time, cost
per unit)
Outputs
(e.g., widgets
produced,
brochures
produced)
Project Measures
(e.g., schedule, resources, scope, risk)
Intermediate
Outcomes
(e.g., widget sales,
awareness)
End
Outcomes
(e.g., profitability,
program impact)
Strategic Business Intelligence Increases
Focus KPIs on Outcomes and the Drivers of
Outcomes
12
Vision & Mission language:
• “World – class”
• “High-performance”
Project, Program or Service Language:
• “Train staff”
• “Implement the new Economic Reform Program”
Problem: Too Low (project specific)
Risk: too narrowly defined; strictly
operational
Problem: Too High (Vague)
Risk: not actionable; will not give
actionable focus and direction
30,000 ft.
15,000 ft.
Ground
Level
25,000 ft.
Strategic
Altitude
Objective language:
• “Improve Customer/Citizen Satisfaction”
• “Improve Staff Knowledge & Skills”
• “Reduce Cost of Service”
Strategic
Objectives
Best Practice Tip: Use Strategic Objectives
13
Improve
Customer
Retention
Financial
Customer/
Stakeholder
Business
Processes
Organizational
Capacity
Lower
Cost
Lower
Wait Time
Increase
Process
Efficiency
Improve
Knowledge
and Skills
Increase
Profitability Increase
Revenue
Lower
Cycle
Time
Improve
Tools and
Technology
Leading
Question
If _ Then _?
Leading
Question:
How?
Improve
Tools &
Technology
Improve
Communications
Clarity
Improve
Customer
Satisfaction
Use Strategic Conversations to Build Your Strategy Map
Best Practice Tip: Create a Strategy Map
14
Process Flow
Analysis
Cause-Effect Analysis or Ishikawa
(Fishbone) Diagram
Effect
Resources
Systems
Methods
Policies
Environment
Process OutputInput
Logic Model
Outcome
Best Practice Tip: Use KPI Tools to Identify What to Measure
15
Customer experience
drives positive behaviors:
•Recommendations from
customers to potential
new customers
•Repeat orders
Improve
Customer
Satisfaction
Results
Resourcing:
•Budget
•Workforce
(FTEs)
•Infrastructure
Production attributes:
•Quality
•Efficiency
•Effectiveness
•Cost
Customer
Interaction:
•Accurate
information
•Problems solved
quickly
Service or
product delivery
attributes:
•On-time delivery
of services
•Order is correct
Resourcing Delivery
Customer
Interaction
Products/
Services
•Costs of products & services
•FTE costs
•Indirect costs
•Capital costs
•Input/output
•Time to process order
•Cost to process order
•Rejects/rework
•% accurate order
placement
•% satisfied with
service
•% delivered on
time
•% delivered
correctly
•% satisfied
•% reorders
•New customer
recommendations
Example: Intended Results Drive KPI Development
Strategic Objective--Improve Customer Satisfaction
16
Customer Loyalty
Annual
Satisfaction
Survey Score
Transaction
Satisfaction
Survey Score
# of
Complaints
# of
Referrals
Service Level
Agreement
Quality Score
Timeliness
Score
A Composite Index Captures Different Dimensions of
an Intended Result
17
Set Targets and Thresholds
18
Target: the desired level of
performance for the reporting
period in question
Threshold: the upper and lower
limits of desired performance
around a target value
Green / Yellow
Threshold
Yellow / Red
Threshold
Target
• Target setting should not be arbitrary
• Targets based on: `
o Existing baseline data
o Best practice (benchmarking) results
o Required level of performance to achieve an organization goal (e.g., customer satisfaction)
o Or other logical comparative
• Targets should be reviewed periodically against actual performance and adjusted as necessary
• Specific
• Measurable(Motivating)
• Achievable(Assignable,Attainable,Ambitious,Aspirational,Appropriate)
• Relevant(Realistic,Reasonable,Results-based)
• Time-related(Time-bound)
Example:Decreasetheaveragetimetoresolvecustomercomplaintsfrom10
minutesto7minutesbytheendofthirdquarter2018.
SMART is a Filter…not a Framework.
Just Because Measures are SMART Doesn’t Mean They are RIGHT!
Make it SMART (Goals, Objectives, Measures)
19
Visualize Performance Information To Better Inform
Decision Making
20
Management
Dashboard
Source: Spider Strategies and Actuate
Maps ReportsDashboards Cloud-Based Charts/Graphs
Clients/Stakeholders
• % satisfied
• Benefits on time
• New clients added
• Clients successfully
served
• New program
services added
• Quality of Life index
Financial
• Funds control
• % outsourced
• Cash reserves on
hand
• Costs managed
• Average program
cost/client served
• Audit effectiveness
• Unspent obligations
• Program budget
Internal Processes
• Quality rate
• Productivity
• Downtime
• Bottlenecks
• Wait time
• Time to repair
• Hours lost to injury
• Missed deadlines
Organizational
Capacity
• Employee satisfaction
• Employee trained
• % cross trained
• Training hours/
employee
• Computer currency
Why is this more valuable?
Understanding relationships among performance drivers of results
leads to more informed decision making and smarter actions.
Desired Result—Better Decisions, Informed by
Performance Information
21
Align Business Unit And Employee Objectives With
Corporate Strategy
22
Vision: Earn our customers trust every day by delivering seamless service,
seeking innovative solutions, and exceeding expectations.
Strategic Measure: % of customers satisfied
with information received over the Internet
Strategic Initiative: New Web Portal for
Customers to get improved information faster
Objective:
Improve
Customer
Satisfaction
Strategic Measure: Service
availability awareness survey score
Strategic Initiative: Communications program
announcing new information hotline
Objective:
Improve
Information On
Available Services
Personal
Objective:
Improve Web &
Print Content
Delivery
Measure (Accomplishment): Web content and
print media delivered on-time with
minimal re-work
Measure (Behavior):
Web design skills
Initiative (From Personal Development Plan): Web
design training at local community college
Tier 2:
Department/Unit:
Tier 1:
Enterprise-Wide
Tier 3:
Employee (Operational):
Cascaded corporate scorecard to business units and teams
Customer Example:
Financial Example:
Corporate
Operating
Divisions
Division #1 Director
•Operating Margin
Manager •Variable Costs
•Mfg. Overhead
•Customer
Satisfaction
•Variable Costs
•Profitability
•Customer
Retention
•On time
delivery
•Quality
•Supply Availability
•Schedule Adherence
Example: Complimentary KPIs in a Manufacturing Plant
23
Team # 1
•Scrap Rate
•Labor/ Unit
Aligning Individual Objectives/Goals to Unit
Objectives
24
Start With:
- Tier 2 Objectives
- Previous Individual
Goals
- Job responsibilities
(duties, tasks,
activities)
- Competencies
(knowledge, skills,
abilities)
- Organization Values
Process:
- Evaluation of
performance and
goal
accomplishment
- Feedback
- Coaching
- Redefine
responsibilities
- New goal-setting
Resulting
Actions:
- Alignment with
organization
strategic objectives
- Rewards and
recognition
- Training
- Continuous
coaching
- Meaningful
individual
development plans
Criteria for Setting Individual Objectives/Goals
25
• Link to higher level objectives
• Clearly define expected outcomes and
results – not a list of activities
• Challenging but achievable
• Obtain buy-in from employee
• Set realistic number (typically 3-5)
• Establish action steps or milestones and
process to track
• Monitor and adjust as appropriate
• Make them SMART
Examples: Aligned Goals
26
Corporate Goal Individual Goal Measure Target
Control Expenses Reduce printing
costs
% cost reduction 5%
Increase New Client
Base
Increase major
clients
# of new clients
with $2m+
revenue
2 (achieved)
3+ (exceeded)
Improve Operational
Efficiency
Decrease time to
complete new
designs
% time reduction 10%
Increase Knowledge
and Skills
Improve Excel
Skills
Demonstrated
ability to create
complex
spreadsheets
August 15
Source: WorldatWork
27
Linking Performance to Rewards
28
• Line of sight and ability to influence results
• Short-term incentives
• Must be budgeted
• Plan must be clearly communicated and
documented
• Perception of fairness is important
• Start with the end in mind
• Words matter
• Use the right kind of chart to convey performance
information
• Use measurement data to tell a performance story
• Don’t just measure the easy stuff
• Your most meaningful KPIs are in the heads of your
employees, not in a book or on the Internet
“Performance measurement is about story telling.”
Best Practice Summary
29
“It’s a journey…not a project.”
Options for Learning More
31
KPI Professional Certification
• 5-day Boot Camp
• Comprehensive look at developing and implementing
KPIs using various tools and methods
• Apply the methods to your own organization in a
comprehensive application project
Visit: www.kpi.org
The replay of this webinar and a link to download the slides
will be emailed as well as posted here:
http://www.balancedscorecard.org/KPI-Best-Practices-Webinar
20% Discount Code for the
Forum: BSIWEB20

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Webinar: KPI Best Practices

  • 1. KPI Best Practices Presented by: Howard Rohm, Co-Founder and President Suzy Nisbet, Senior Associate and Consultant Balanced Scorecard Institute November 2017 1
  • 2. 2 • KPI Myths and Mistakes • KPI Best Practices Topics “People and their managers are working so hard to be sure things are done right, that they hardly have time to decide if they are doing the right things.” Stephen R. Covey
  • 3. Good KPIs (Performance Measures): • Provide objective evidence of progress on achieving a strategic objective or goal • Measure what is intended to be measured, to help inform better decision making • Offer a comparison that gauges the degree of performance change over time • Track organization progress -- organization efficiency and effectiveness -- quality, timeliness, safety and security, governance, compliance, behaviors, economics, project performance, personnel performance, and resource utilization • Are valid, verifiable and balanced between leading and lagging indicators KPI Definition and Guiding Principles KPI’s are the critical (key) indicators of progress toward a desirable outcome 3
  • 4. “I’ll Find My Measures In A Book (or on the Internet)” Performance Measurement Myths and Mistakes 4
  • 5. Performance Measurement Myths and Mistakes 5 Milestone Measures are Not Strategic Measures Goal or Objective Do Initiative Measure Initiative ABetterSequence Strategic Objective Strategic Initiatives Strategic Measures and Targets  Project Measures and Targets
  • 6. 0 10 20 30 40 50 60 2005 2006 2007 2008 Total No. of Employees Leaving the Organization “Our employees are leaving—we’re in trouble!” 0 500 1000 1500 2000 2500 2005 2006 2007 2008 Total No. of Employees 0% 2% 4% 6% 2005 2006 2007 2008 Turnover Ratio = No. leaving / total No. of employees Many measures are best expressed as ratios: • Percent completion • Coverage, fraction of the total possible • Error or defect rate • Per capita cost • Efficiency = Output / Input • Productivity = Output / Cost (or Output / work hour) “We need to start counting things.” PerformanceMeasurementMythsandMistakes 6
  • 7. “We’re in a hurry…let’s just use the measures we have.” Other Performance Measurement Myths and Mistakes 7 “Here is an easy way to do this —write a vision (or mission) statement, set some goals, select programs and projects for each goal “bucket”, and pick some milestone measures.” “Our strategy is what we are currently working on…find some measures there.” “Just buy some software for performance reporting…use the measures the come with the software.”
  • 8. 21st Century Strategic Management System “Connects the Dots” 8 Answers Both Strategic and Operational Questions: “Are we doing the right things, and are we doing them right?” Vision Mission Goals (Desired Results) Strategy & Objectives (The “Strategic How”) Budget and Strategic Operating Plan (“How Much and What”) Projects, Programs, and Services Are we doing the right things?Performance Information Are we doing things right ?Operate with Excellence
  • 9. KPIs Help With Many Management Challenges 9 Adapted from Performance Measurement, Gary Cokins, 2009 Helps managers and employees understand and monitor organizational strategy Strategy execution failures Employees understand what is desired and take accountability for hitting targets; builds enterprise-wide accountability for results also Lack of accountability for results Provides analytical basis for faster, more informed decisions Decision making too slow or based on limited information Provides efficiency and effectiveness performance information to inform budgeting Lack of strategy input to the budgeting process
  • 10. 1 Describe Intended Results 2 Understand Alternative Measures 3 Select the Right Measures for Objectives 4 Define Composite Indicators, If Needed 5 Set Targets & Thresholds 6 Define and Document Selected Performance Measures KPI Development Step Five 7 Select the Most Appropriate Automation Tool 8 Collect and Monitor Performance 9 Analyze and Draw Conclusions 10 Improve Performance Performance Analysis Step Seven Performance Measurement and Analysis “Deep Dive” Process 10
  • 11. Performance Data / Analysis / Public and Internal Reporting Reporting Different Types of KPIs Measure Organizational Performance 11 • Financial • Customer • Internal Process • Organizational Capacity Strategic Measures • Efficiency • Output • Quality • Timeliness Operational Measures (Product / Program / Service) • Schedule • Resource • Risk • Scope Project Measures • Human Behavior • Human Performance Employee Measures • Hazard • Economic • Security • Operational • Strategic Risk Measures
  • 12. Strategic Impact Measurements Operational Measurements Inputs (e.g., FTE’s, budgets) Process (e.g., efficiency – output/input, cycle time, cost per unit) Outputs (e.g., widgets produced, brochures produced) Project Measures (e.g., schedule, resources, scope, risk) Intermediate Outcomes (e.g., widget sales, awareness) End Outcomes (e.g., profitability, program impact) Strategic Business Intelligence Increases Focus KPIs on Outcomes and the Drivers of Outcomes 12
  • 13. Vision & Mission language: • “World – class” • “High-performance” Project, Program or Service Language: • “Train staff” • “Implement the new Economic Reform Program” Problem: Too Low (project specific) Risk: too narrowly defined; strictly operational Problem: Too High (Vague) Risk: not actionable; will not give actionable focus and direction 30,000 ft. 15,000 ft. Ground Level 25,000 ft. Strategic Altitude Objective language: • “Improve Customer/Citizen Satisfaction” • “Improve Staff Knowledge & Skills” • “Reduce Cost of Service” Strategic Objectives Best Practice Tip: Use Strategic Objectives 13
  • 14. Improve Customer Retention Financial Customer/ Stakeholder Business Processes Organizational Capacity Lower Cost Lower Wait Time Increase Process Efficiency Improve Knowledge and Skills Increase Profitability Increase Revenue Lower Cycle Time Improve Tools and Technology Leading Question If _ Then _? Leading Question: How? Improve Tools & Technology Improve Communications Clarity Improve Customer Satisfaction Use Strategic Conversations to Build Your Strategy Map Best Practice Tip: Create a Strategy Map 14
  • 15. Process Flow Analysis Cause-Effect Analysis or Ishikawa (Fishbone) Diagram Effect Resources Systems Methods Policies Environment Process OutputInput Logic Model Outcome Best Practice Tip: Use KPI Tools to Identify What to Measure 15
  • 16. Customer experience drives positive behaviors: •Recommendations from customers to potential new customers •Repeat orders Improve Customer Satisfaction Results Resourcing: •Budget •Workforce (FTEs) •Infrastructure Production attributes: •Quality •Efficiency •Effectiveness •Cost Customer Interaction: •Accurate information •Problems solved quickly Service or product delivery attributes: •On-time delivery of services •Order is correct Resourcing Delivery Customer Interaction Products/ Services •Costs of products & services •FTE costs •Indirect costs •Capital costs •Input/output •Time to process order •Cost to process order •Rejects/rework •% accurate order placement •% satisfied with service •% delivered on time •% delivered correctly •% satisfied •% reorders •New customer recommendations Example: Intended Results Drive KPI Development Strategic Objective--Improve Customer Satisfaction 16
  • 17. Customer Loyalty Annual Satisfaction Survey Score Transaction Satisfaction Survey Score # of Complaints # of Referrals Service Level Agreement Quality Score Timeliness Score A Composite Index Captures Different Dimensions of an Intended Result 17
  • 18. Set Targets and Thresholds 18 Target: the desired level of performance for the reporting period in question Threshold: the upper and lower limits of desired performance around a target value Green / Yellow Threshold Yellow / Red Threshold Target • Target setting should not be arbitrary • Targets based on: ` o Existing baseline data o Best practice (benchmarking) results o Required level of performance to achieve an organization goal (e.g., customer satisfaction) o Or other logical comparative • Targets should be reviewed periodically against actual performance and adjusted as necessary
  • 19. • Specific • Measurable(Motivating) • Achievable(Assignable,Attainable,Ambitious,Aspirational,Appropriate) • Relevant(Realistic,Reasonable,Results-based) • Time-related(Time-bound) Example:Decreasetheaveragetimetoresolvecustomercomplaintsfrom10 minutesto7minutesbytheendofthirdquarter2018. SMART is a Filter…not a Framework. Just Because Measures are SMART Doesn’t Mean They are RIGHT! Make it SMART (Goals, Objectives, Measures) 19
  • 20. Visualize Performance Information To Better Inform Decision Making 20 Management Dashboard Source: Spider Strategies and Actuate Maps ReportsDashboards Cloud-Based Charts/Graphs
  • 21. Clients/Stakeholders • % satisfied • Benefits on time • New clients added • Clients successfully served • New program services added • Quality of Life index Financial • Funds control • % outsourced • Cash reserves on hand • Costs managed • Average program cost/client served • Audit effectiveness • Unspent obligations • Program budget Internal Processes • Quality rate • Productivity • Downtime • Bottlenecks • Wait time • Time to repair • Hours lost to injury • Missed deadlines Organizational Capacity • Employee satisfaction • Employee trained • % cross trained • Training hours/ employee • Computer currency Why is this more valuable? Understanding relationships among performance drivers of results leads to more informed decision making and smarter actions. Desired Result—Better Decisions, Informed by Performance Information 21
  • 22. Align Business Unit And Employee Objectives With Corporate Strategy 22 Vision: Earn our customers trust every day by delivering seamless service, seeking innovative solutions, and exceeding expectations. Strategic Measure: % of customers satisfied with information received over the Internet Strategic Initiative: New Web Portal for Customers to get improved information faster Objective: Improve Customer Satisfaction Strategic Measure: Service availability awareness survey score Strategic Initiative: Communications program announcing new information hotline Objective: Improve Information On Available Services Personal Objective: Improve Web & Print Content Delivery Measure (Accomplishment): Web content and print media delivered on-time with minimal re-work Measure (Behavior): Web design skills Initiative (From Personal Development Plan): Web design training at local community college Tier 2: Department/Unit: Tier 1: Enterprise-Wide Tier 3: Employee (Operational):
  • 23. Cascaded corporate scorecard to business units and teams Customer Example: Financial Example: Corporate Operating Divisions Division #1 Director •Operating Margin Manager •Variable Costs •Mfg. Overhead •Customer Satisfaction •Variable Costs •Profitability •Customer Retention •On time delivery •Quality •Supply Availability •Schedule Adherence Example: Complimentary KPIs in a Manufacturing Plant 23 Team # 1 •Scrap Rate •Labor/ Unit
  • 24. Aligning Individual Objectives/Goals to Unit Objectives 24 Start With: - Tier 2 Objectives - Previous Individual Goals - Job responsibilities (duties, tasks, activities) - Competencies (knowledge, skills, abilities) - Organization Values Process: - Evaluation of performance and goal accomplishment - Feedback - Coaching - Redefine responsibilities - New goal-setting Resulting Actions: - Alignment with organization strategic objectives - Rewards and recognition - Training - Continuous coaching - Meaningful individual development plans
  • 25. Criteria for Setting Individual Objectives/Goals 25 • Link to higher level objectives • Clearly define expected outcomes and results – not a list of activities • Challenging but achievable • Obtain buy-in from employee • Set realistic number (typically 3-5) • Establish action steps or milestones and process to track • Monitor and adjust as appropriate • Make them SMART
  • 26. Examples: Aligned Goals 26 Corporate Goal Individual Goal Measure Target Control Expenses Reduce printing costs % cost reduction 5% Increase New Client Base Increase major clients # of new clients with $2m+ revenue 2 (achieved) 3+ (exceeded) Improve Operational Efficiency Decrease time to complete new designs % time reduction 10% Increase Knowledge and Skills Improve Excel Skills Demonstrated ability to create complex spreadsheets August 15
  • 28. Linking Performance to Rewards 28 • Line of sight and ability to influence results • Short-term incentives • Must be budgeted • Plan must be clearly communicated and documented • Perception of fairness is important
  • 29. • Start with the end in mind • Words matter • Use the right kind of chart to convey performance information • Use measurement data to tell a performance story • Don’t just measure the easy stuff • Your most meaningful KPIs are in the heads of your employees, not in a book or on the Internet “Performance measurement is about story telling.” Best Practice Summary 29
  • 30. “It’s a journey…not a project.”
  • 31. Options for Learning More 31 KPI Professional Certification • 5-day Boot Camp • Comprehensive look at developing and implementing KPIs using various tools and methods • Apply the methods to your own organization in a comprehensive application project Visit: www.kpi.org
  • 32. The replay of this webinar and a link to download the slides will be emailed as well as posted here: http://www.balancedscorecard.org/KPI-Best-Practices-Webinar 20% Discount Code for the Forum: BSIWEB20