How would your employees answer this question: Is your team winning or losing?
In many companies, employees have very little, if any knowledge, about the basics of business performance in their area, division or overall company. What this leads to is employees not being able to understand if the business unit is winning or losing or how they contribute to the overall success of the organization.
Part of the reason for this disconnect is many organizations focus solely on financial performance to measure success. This is only part of the picture!
Business Metrics or Key Performance Indicators (KPI’s) are designed to give organizations the ability to make the critical and timely decisions needed to advance the business forward.
To accomplish this, not only should a robust metric system align with the strategic pillars of the organization (i.e. Safety, Cost, Productivity, People, etc.…), but also link with a structured accountability and communication process. These processes are integrated to give an organization the opportunity to not only monitor how the business is performing, but allows the leaders to take control and drive results. By linking to strategic objectives, a business scorecard system tactically deploys strategic initiatives throughout the organization.
If you are looking for scorecard examples to help you get on the right track to success, we have free examples available.
Visit our Scorecard Examples page and choose examples relative to your industry.
Business Process Software That Drives Continuous Improvement
Competitive Solutions, Inc Launches Visuant 4.0
Does your organization have too much data, too many systems, no accountability and limited communication? Introducing Visuant™, a Business Process Software that alleviates all these issues impacting businesses today.
Visuant™ provides visualization of metrics with corresponding action plans giving you a clear picture about the health of your business, while keeping to the business strategy of the organization. “This software will give users a wholistic view of their entire business from top to bottom,” said John Pyecha, CEO of Competitive Solutions, Inc. “Instead of clicking through multiple tabs on a spreadsheet or reading though five reports, Visuant™ dashboards aggregate data quickly and show where performance issues reside in the organization or where opportunities for improvement lie.”
Visuant™ brings focus to your operations and creates a culture of accountability. You will get key business insights faster, easier and more cost-effective than ever before. “The enhanced administrator features will reduce data entry time making our job easier. We are also excited about the user tools focused on meetings, performance management, accountability and employee engagement reports. Those things are very important to us,” said Frank Hacker, Director of Manufacturing North America, Rockline Industries.
Easy-to-navigate features allow you to present your metric data in easy-to-read visualizations. This web-based platform gives you access to your analytics anytime, anywhere. Reduce the time it takes to understand how your business is changing and avoid system management headaches.
Visit our page here for more information or click here to schedule a free demo