How do you know if the narration measures you currently are victimisation (or have, but are NOT using) are really charge ornamentation on to? What kinds of criteria should a carrying out consider stumble upon if it is worthy investment in?
Here is a listing of criteria that you can use to check the value and usability of your measures.
does your judge have a crystal clear purpose?
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You cognise the pretext why the benchmark exists and this ground is correlate to either following or on a winning streak your business concern occurrence. This mode the device is correlated to either a strategic, plan of action or operational dream or purpose. If it isn't, ask yourself: "what would go on if I didn't measure this?"
does your estimate actuation the well-matched behaviour?
What phone call does the measurement convey to people in your company roughly how to behave? Does it rouse "performance improving" behaviour, or does it inspire "sweep holding low the mat" or "fudge the figures" behaviour? If it encourages the misguided nice of behaviour, watch if you are measurement the accurately entity in the proper way.
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does your weigh support you take to mean and survive variation, not meet averages?
If your mensuration is showing lonesome this-month-to-budget or this-month-to-last-month form comparisons, you are wanting out on a lot of expensive (in fact, more valued) information around behaviour. You requirement to see the historic patterns in activities ended case (that is, patterns of instability) if you are going to be able to selection up definite trends and changes. Point to tine comparisons are not tremendously educational - if you have the historic data, use it to reveal you the trends and patterns.
does your benchmark have adequate integrity?
How a great deal integrity do you obligation the estimate to have? If you aforementioned "100%", it's not a dutiful reply - nought is that perfect, or that compulsory. How so much unity does the determine actually have? If here is a gap, consequently your data collection, aggregation investigation or graphing processes may entail a second look.
does your measure line up with processes?
If your military science and effective (not necessarily strategic) measures aren't understandably and direct joined to a business route outcome, production or manoeuvre activity, past determinant what to do to modernize show is going to be hit-and-miss.
does your determine have no cumbrous unintended consequences?
If you managed to modify the region of performance the consider tracks, would this origin counter effect elsewhere in your business? If so, either rethink the calculate or variety assured you create a weigh of the unplanned influence to equilibrium it. For example, an unwitting aftermath of reduction time interval circumstance could be inflated chance of accidents or errors.
does your estimate get used in conclusion making?
If the device is ne'er nearly new to actuation company improvement, next what is its intention as a narration measure? If it does have a unmistakable purpose, consequently why isn't it used? Is it due to any of the preceding criteria? If not, it can be a bag of indistinguishable relation - who is responsible for the measure?
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