QUESTION: Anyone using Business Intelligence tools (Dashboards, etc)? I am looking for some feedback to see how it has helped your company with productivity and efficiency. RESPONSE: Yes! However, dashboards need to have predictive metrics, as illustrated in Figure 3 of “C-Suite: The Need to Re-think our Business System’s Strategic Planning, Scorecard Creation, and Process [...]
Posts Tagged ‘scorecards’
The Big Four Firms and the Financial Crisis
QUESTION Linkedin.com: The question was ask Big Four or Big Farce? One of the toughest questions, in relation to the global economic fiasco that I haven’t found an answer yet is, Why did the globally reputed the Big 4 advisories not give an advance warning of what’s coming? Did they not know or did they [...]
Control Charting at the Business Level for Improved Scorecards
A 30,000-foot-level report-out is different from tradition Statistical Process Control (SPC). With traditional control charting our primary objective is to “control” the process by reacting to special cause condition for timely resolution. This is not the objective of 30,000-foot-level reporting.
Hoshin Kanri and its Effectiveness
The driver and infrastructure of hoshin kanri center on the cascading of executive management’s strategies throughout the organization. The direction of work activity could significantly change when there is a significant change in executive leadership or leadership direction.
Effective Scorecards and Dashboards Metrics
It is important to create scorecards and dashboards that lead to the most appropriate activities so that the business as a whole has long-lasting financial benefits (As Describe in the Article Below). However, created corporate performance measures can lead to unhealthy behaviors that can become very destructive, as we are now experiencing in our economic [...]
