Show me a company with over 20 KPIs and I will show you lack of focus, lack of alignment and under achievement
For years organisations that have measured and reported, what they thought were KPIs, have not had the focus, adaptability, innovation and profitability that they were seeking. KPIs themselves were mislabelled and misused. Some organisations try and manage with over forty KPIs, many of which are not KPIs.
David Parmenter has developed a hypothesis that performance measures are divided into four types (key result indicators, result indicators, performance indicators and key performance indicators). This whitepaper and accompanying electronic media contain up to the minute research and discoveries since David’s published Key Performance Indicators book. For more information see the contents page and purchased from here.
David Parmenter’s Database of Measures and Associated Success Factors
KPI libraries are a dangerous weapon and should only be used by staff trained in KPI methodologies. As you will know, I do not believe every measure is a KPI.
In David Parmenter’s KPI book, he provided a list of performance measures to help to start or rejuvenate a KPI project. To purchase this Performance Measures database costs NZ$200. This database helps a team manage the balanced scorecard perspectives, enables all the organisation’s teams to select their performance measures, contains a checklist of success factors by major sectors and sets over 300 measures to help with the selection process. The database contains an easy ‘add to’ feature so existing measures can be added. The database, if used correctly, will ensure that all measures are sourced from a critical success factor in an organisation. Buy it and get started tomorrow!
Glenn Lewington interviews Author David Parmenter on performance indicators podcast
Please click here to hear the podcast
To contact David Parmenter, compelete this contact form