Cover image for Key performance indicators : developing, implementing, and using winning KPIs
Title:
Key performance indicators : developing, implementing, and using winning KPIs
Personal Author:
Publication Information:
Hoboken, NJ : John Wiley & Sons, 2007
ISBN:
9780470095881

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30000010149762 HF5549.5.P37 P37 2007 Open Access Book Book
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30000010184431 HF5549.5.P37 P37 2007 Open Access Book Book
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Summary

Summary

Breathtaking in its simplicity and profound in its impact, Key Performance Indicators (KPI) distills the balanced scorecard process into twelve logical steps, equipping users with an implementation resource kit that includes questionnaires, worksheets, workshop outlines, and a list of over 500 performance measures. Author David Parmenter provides you with everything you need to master and implement a KPI-driven strategy.


Author Notes

DAVID PARMENTER is the CEO and Managing Director of Waymark Solutions (www.waymark.co.nz). For the last ten years, he has specialized in assisting organizations to measure, report, and improve their performance.He has an in-depth understanding of "winning KPIs" and how an organization can implement a balanced scorecard in sixteen weeks. Parmenter has worked with many corporate service functions in Europe and New Zealand to adopt and implement better practices. He is an international presenter and authority on a wide range of topics including quarterly rolling planning-replacing the annual planning process. He has also worked as a senior consultant for Ernst & Young in both London and Wellington, where he was involved in performing operational reviews and feasibility studies. He has also worked for BP Oil New Zealand Ltd, Arthur Andersen, and Price Waterhouse.David is a member of the New Zealand and English Institute of Chartered Accountants. He is a regular writer for professional and business journals.


Table of Contents

Preface
Acknowledgements
Chapter 1 Introduction
Key Result Indicators
Key Performance Indicators
Management Models that Have a Profound Impact on KPIs
Definitions
Chapter 2 Foundation Stones for Implementing Key Performance Indicators
Four Foundation Stones Guiding the Development and Use of KPIs
Defining Vision, Mission , and Strategy
How to Implement Winning KPIs in 16 Weeks
Chapter 3 Developing and Using KPIs: A 12-Step Model
Step 1 Senior Management Team Commitment
Step.2 Establishing a "Winning KPI" Project Team
Step 3 Establish a "Just Do It" Culture and Process
Step 4 Setting Up a Holistic KPI Development Strategy
Step 5 Marketing the KPI System to All Employees
Step 6 Identifying Organization-Wide Critical Success Factors
Step 7 Recording Performance Measures in a Database
Step 8 Selecting Team-Level Performance Measures
Step 9 Selecting Organizational "Winning KPIs"
Step 10 Developing the Reporting Framework at All Levels
Step 11 Facilitating the Use of Winning KPIs
Step 12 Refining KPIs to Maintain their Relevance
Chapter 4 KPI Team Resource Kit
Using This Resource Kit
Step 1 Worksheet. Senior Management Team Commitment
Step 2 Worksheet. Establishing a Winning KPI Team
Step 3 Worksheet. Establish a "Just Do It" Culture for This Project
Step 4 Worksheet. Setting Up a Holistic KPI Development Strategy
Step 5 Worksheet. Marketing the KPI System to All Employees
Step 6 Worksheet. Identifying Organization-Wide CSFs
Step 7 Worksheet. Comprehensive Recording of Measures within the Database
Step 8 Worksheet. Selecting Team performance Measures
Step 9 Worksheet. Selecting Organization-Wide "Winning KPIs"
Step 10 Worksheet. Developing Display, Reporting and Review Frameworks at All Levels
Step 11 Worksheet. Facilitating the Use of KPIs
Step 12 Worksheet. Refining and Modifying KPIs to Maintain Their Rlevance
Chapter 5 Templates for Reporting Performance Measures
Reporting Key Result Indicators in a "Dashboard" to the Board
Reporting Performance Measures to Management
Reporting Performance Measures to Staff
Graph Format Examples
Chapter 6 Facilitator's Resource Kit
Remember the Fundamentals
Appendix
Performance Measures Database
Index