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What gets measured gets done!
Is your eye on the ball? Call you quickly put your finger
on the pulse of your business each day? Or do you have to
wait for the end of the week or month?
It's also important to measure the
right things. Are you capturing the metrics that really
drive your business? Do you have good information?
Is it consistent with your final results or do you get hit with
surprises?
There's more. Are your metrics
getting out to the right people? Can they improve the results?
Does it capture the essence of what drives them to achieve every
day?
We help clients develop all these
components of key metrics and turn them into good daily dashboards:
- Measuring the right information
- Getting the information right
- Delivering the information deep
enough to the right people
For example, at a pharmaceutical
firm, when we first came the financials were very late the cost
information was very unreliable. Over time, we changed all
that. Each morning, people in the company could see a one
page summary of results up to date with the prior day and know
in under a minute how the company was doing. This was just
one of many steps that took the firm from near bankruptcy to earning
56% net income on sales from its manufacturing operations.
We would love to learn about your
key drivers. Give us a call and we can explore on we can
get you and your people more in touch with the business on a daily
basis.
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