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Article Title:
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Why Do Performance Measurement Tools Work?

Article Description:
====================

As a business owner, manager, quality professional or
entrepreneur, performance measurement must be part of your basic
business plan for improvement and continued success.


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454 Words; formatted to 65 Characters per Line
Distribution Date and Time: 2006-10-04 12:12:00

Written By:     Kent Jacobson a.k.a. Mr. Success
Copyright:      2006
Contact Email:  mailto:[EMAIL PROTECTED]


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Why Do Performance Measurement Tools Work?
Copyright (c) 2006 Kent Jacobson a.k.a. Mr. Success
Shortcut 2 Success
http://www.Shortcut2Success.com



As a business owner, manager, quality professional or
entrepreneur, performance measurement must be part of your basic
business plan for improvement and continued success. A
performance measurement tool allows you to establish minimum and
great expectation levels against the goals set for individuals
and organizations. A good set measurement tools provides a visual
representation of current performance levels against a specific
set of goals. There are a number of good tools you can select
from, investigate what fits into your business or individual
preference, and then get started. What you will find very
positive after tool deployment and implementation, is the ability
to communicate your priorities clearly. Additionally, visually
represented data in a chart or graph is easy to explain, easy to
understand, and it keeps people focused. Display the charts or
graphs in a place that prompts people to stop and look and can
even fosters discussion. Allow enough room around the display for
group discussions and review.

A few examples of performance measurement tools are: Pareto
Chart, Run Chart, and Histogram, Cause and Effect Diagram, Cycle
Time studies or packaged SPC programs. The point is there are a
number of tools available for your situation and implementation.
If you have questions about application or usage of these tools,
seek out quality professionals in your organization or go on-line
and search for training and or product demonstrations. There are
quit a few good reference web sites providing free information as
well as links to professional quality organizations such as the
American Society for Quality.

After you get your goals understood, measurement tools up and
running, take the next step towards organizational communication
and performance improvement by utilizing a scorecard or summary
performance matrix. The scorecard is a simple summary matrix
identifying the overall key business goals and their respective
performance indices. A lot of people refer to these performance
matrixes as stop light charts, because of the incorporation of
the colors red, green and yellow. If you incorporate red (poor),
green (good) and yellow (marginal) highlights, the focus of
resources can be deployed to understand and correct the poorer
performing indices.

The flexibility of the scorecard matrix allows alignment and
deployment down through as many levels an organization as you see
fit. The scorecard matrix allows integration of many indices
vertically to the top company priorities. Normally, companies
look at three general categories; financial, quality and customer
satisfaction. Pick what your key business performance goals,
identify how to measure, understand the data and reward the
successes.

My check and balance before starting a performance measurement
activity is simply asking: Am I sure this activity is meaningful
and measurable? Good luck in reaching your goals and in
continuously trying to find ways to continuously improve.




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Kent Jacobson, a.k.a. "Mr. Success" is a trusted authority in the
success field and provides valuable success information for free
through his website at: http://www.Shortcut2Success.com . You can
also read Kent's Success Blog to find more success secrets at:
http://www.Shortcut2Success.com/blog


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