Introduction to Measurements

This article presents a collection of commonly asked materials for measurements and matrix creation.

HIGH-PERFORMANCE MANUFACTURING

Begins With Clear Descriptions of Success — Performance Metrics That Are:

• Exceptionally Crafted
• Conscientiously-Communicated
• Regularly Analyzed and Challenged
• Periodically Maintained for Continuing Relevance and Motivational Value

PERFORMANCE MEASUREMENT

Good Things Good Measurement Platforms Do

• Clarify Organizational and Work-Unit Missions
• Target Short and Long Range Objectives
• Quantify Group and Individual Responsibilities
• Provide Regular Feedback on Performance
• Supply the optimal amount of data — ideally a summary big-picture index with drill downs as needed
• Focus Attention on top Cost-Savings Opportunities
• Increase Management / Employee Understanding and Interaction
• Highlight Performance Shortfalls for Follow-up Action
• Acknowledge Excellence