What gets measured gets done, but how do you measure the effectiveness of recent changes to your organisation and processes?
Financial indicators lag behind the events that caused them, providing a rear view mirror, but you need instruments that are capable of predicting financial performance, indicating the value of business improvements in real time.
Business Doctors have created StratNav, a process for developing a balanced scorecard optimised to translate your business strategy into objectives and measures.
Our StratNav Performance Measurement will enable you to:
- Communicate your business strategy in terms of performance measures
- Know what’s going on inside the business before it causes you a problem
- See a balanced view of long and short term objectives
We will project manage the implementation in your business, working with the management team and staff to create the measures and agree the most effective way of reporting.
Typical areas measured include;
Financial: ROI, Gross Profit, Net Profit, Revenue, Cash Flow
Customer: Sales, Capacity vs. Demand, OTIF, Customer Profitability
Operations: Productivity, Quality, Costs, Procurement
Continuous Improvement: Processes, Recruitment, Retention, Training
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