Finding
out where you are
The
ability to be able to monitor the influences on your
organisation is an essential part of ensuring the business
is continuing to make the right decisions, both today
and for the future.
We
spend a lot of effort as senior managers developing
strategies, a large proportion of it based on business
experience and managerial instinct. It is fundamental
that we support this is by hard data on a regular basis.
Many
of our clients now have a process which highlights what
information needs to be gathered, how to sustain it
as part of the regular way of working, avoiding data
avalanche, and then use it as a benchmark for strategic
and tactical planning.
Lets briefly look at these categories in turn:
Overall
- We use the benchmarking approach as a tool which is
not aimed at negating business instinct and managerial
experience, but provides a structured analysis when
comparing the performance of the business to the competition
or world's best practice. The structuring of this analysis
will provide a firmer foundation to identifying how
good activities of the business are, relative to industry
best practice.
External
- The key to this issue is to make this a part of the
day to day activities so that the customer and supplier
doesn't perceive it as gimmicky but as a genuine attempt
to identify how we are doing and how can we get better.
Our
approach dealing with the external perspective focuses
jointly upon the hard facts of product and service and
also as important the customers perception of what we
do to him.
Internal
- We also recognise that without continuous
attention to the internal issues in our organisation
we will find it difficult to know what exactly is going
on.
We
use a variety of measurements derived from specific
questionnaires, focus groups, interviews and management
information systems to ascertain the issues and atmosphere
within the organisation, whether these be shareholders,
employees or our colleagues.
The
essence of what we are trying to do here is to leave
our clients with the ability to measure in a different
way on a sustainable basis to help prevent problems
from occurring - not having to firefight when they happen.
Measurement
focuses attention where it is most needed, the key is
to enable the organisation to drive the numbers in the
right direction - in our experience it is critical to
overall success. Remember:
What
gets measured gets done!