When a manager can accurately measure his organization's performance, he is able to identify deficiencies in the organization and correct them. When the deficiencies are dealt with efficiently, then ...
In the first category, measuring asset performance is intended to answer the question: Are the assets meeting their purpose(s), currently and in the near future? In all cases, the purpose of an asset ...
Six Sigma provides a framework for measuring process performance and making improvements to better meet customer needs. Although full-scale Six Sigma implementations are usually limited to large ...
Most companies wield powerful tools to measure progress and success, including key performance indicators (KPIs) and objectives and key results (OKRs). But organizations use OKRs and KPIs in different ...
This article was originally published by RFID Update. November 9, 2006—The growth of RFID implementation activity in areas such as asset management and tracking and maintenance, repair and overhaul ...
I was impressed with the analysis and recommendation offered in a recent book, “Trust the Plan: Demand Management For Business Leaders,” by Greg Spira. Greg brings a wealth of experience based on his ...
Process inefficiency can create problems that quietly stifle productivity and potential growth. In an era of rapid digitalization, companies that lag in business process improvement risk falling ...
There’s a lot of talk in business development circles about the importance of optimizing performance. After all, isn’t it necessary to achieve the highest levels of performance — whether that ...
In my last article, I discussed the three kinds of asset performance metrics. Using this knowledge, the next step is to establish your own asset performance management process. While the scale and ...
To measure the impact of a digital marketing investment, you must connect those metrics to real margins, acquisition cost and ...