Jul
11
Article: Brainstorming Performance Measures
July 11, 2009 | Leave a Comment
The following is an extract from the article: “Brainstorming Performance Measures”. The following diagrams show how I demonstrate brain storming of measures to attendees. There is a web cast on www.bettermanagement.com search under ‘parmenter’ and invest 40 minutes listening to ‘sorting the wheat from the chaff’ webcast. Click here to see full article
Jun
20
Article: How To Implement Winning Kpis In 16 Weeks
June 20, 2009 | Leave a Comment
The following is an extract of the article: “How To Implement Winning Kpis In 16 Weeks”. Kaplan and Norton, in their groundbreaking book The Balanced Score¬¬card: Translating Strategy into Action, indicated that 16 weeks is sufficient time to establish a working balanced scorecard with KPIs. However, organizations of all sizes and complexity stumble with this [...]
Jun
10
Extract from “Pareto’s 80/20 Rule for the Corporate Accountant” published by John Wiley & Sons Inc Background This sounds impossible yet it is achieved. It takes good organization and recognition that the annualplanning process is not adding value, instead it is undermining an efficient allocation of resources,encouraging dysfunctional budget holder behaviour, negating the value of [...]
Jun
1
Most organizations know their success factors, however few organizations have: worded their success factors appropriately segregated out success factors from their strategic objectives sifted through them to find their critical ones – their CSFs communicated the CSFs to staff Finding an organization’s CSFs is relatively simple step, and is the focus of this article. I [...]
Jun
21
Companies in Asia, Europe, America and some in New Zealand are recognising that the existing budget process cannot continue. It has been with us, some say, since the Roman calendar was adopted by the western world. It is now seen by many that the budget process is a hindrance to management rather than a help. [...]