If you’re a performance management practitioner, you already know metrics should have both an actual and a target value. Actual is the current value of a metric while target is the value you would like it to be. (NB: I strongly prefer using the word target instead of goal because the latter can easily be…
Does the following resonate with you? “It seems that everywhere you turn, people are talking about performance management; vendors, consultants, press, public sector and commercial organizations alike. Amidst the buzz however, one troubling trend is beginning to emerge. Many performance management projects have languished, burdened by unrealistic expectations, delayed schedules, and intangible benefits. Performance management…
It seems like every few months someone tries to claim performance management is bad for organizations. The latest one comes from Phil Dourado who writes, “Target-based systems distort everything and most people’s behaviour.” Phil bases his indictment of performance management on several stories about the UK’s National Health Service in which “brilliant, dedicated people [are] pushed…
By now, most of us have read about organizations that attempted to improve their performance by deploying dashboards populated with financial and operational metrics only to discover that managing by numbers alone didn’t improve their performance. Instead, organizations must go beyond keeping score to ensure that everyone has a common understanding of both what they are trying…
If you’re in or around the performance management market, you’ve no doubt already heard about SAP’s acquisition of Pilot Software. If you only read the official press release which describes it as a “tuck-in” acquisition, you might not realize how significant an event this really was. Certainly the analysts seem supportive; John Hagerty of AMR…
Balanced scorecards should sometimes be imbalanced. Over in the PMA Forum, Alan Meeks suggests the word balance is counterproductive, as it’s impractical to assign equal weight to each of the four perspectives. He argues for a ‘genuinely systemic scorecard’ – not nearly as catchy, is it? As I replied, the original intent of the term balance was…
Several years ago, I visited a U.S. government agency that tracked more than 1000 different performance measures representing nearly every aspect of their operations. The measures came from multiple operational systems, a dozen or more Excel workbooks, and several employee and citizen surveys. The entire process was automated, allowing many of the measures to be updated daily…
Quick, what’s the difference between a scorecard and a dashboard? Scorecard and report card? Dashboard and portal? If scorecards are supposed to be balanced, are dashboards inherently unbalanced? And with all of the hubbub surrounding digital dashboards, what ever happened to the analog report? Admittedly, these questions are a bit tongue and cheek but the…