172-Key Performance Influencer with Bill Leahy

Key Performance Influencer with Bill Leahy

What does a KPI mean to you? Is it just a performance measurement tool to you? Is it a metrics that you have developed to see how your systems are doing? A KPI is all of these things but much more than that. A KPI is an organizational goal that you have to achieve. When you have smaller key performance Influencer in place to drive people’s behavior towards achieving a larger organizational goal, that’s when a KPI becomes effective. So, we are using our key performance influencers—any incentives or benefits that would keep the employees motivated—to achieve our performance goals on a day to day basis which ultimately leads to achieving all the KPIs an organizations might have set in.

In this episode, we covered:

What exactly is KPI?
How can you utilize KPI efficiently?
What is the purpose of KPI and how can it help your organization?
And much more!

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107 – Maintenance Metrics with Brandon Weil

Maintenance Metrics with Brandon Weil

Whenever we talk about successful business practices, planning and scheduling remains a key element. Not only it helps you track performance but it also helps you build on the initial layout later on. Through performance management, you will know what’s going on inside an activity and process. Now, performance management is the combination of systems that are responsible for achieving the goals of the organization. These may include accountability, assessment, and measurement techniques that are used in the organization. On the lower level, metrics are being used to measure performance.
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39 – Managing Performance in Asset Management with Scott Kelley

Managing Performance in Asset Management with Scott Kelley

In this episode of the weekly podcast, the guest Scott Kelley explains the 5th cell of the Hexcellence Model. All of the previous cells of this hexagon are connected to each other and are equally important when it comes to getting the superior asset management outcomes. But when it comes to achieving optimum results for the company some sort of performance measures must be done and each of the factors involved in determining the performance level must be taken care of. Not only that you need to understand these factors deeply, you need to relate them to your baselines for budget and time as well. In this way, you will be able to meet the expectations and standards that ultimately lead to focused improvements in the long run. Now, these measures will change the behavior of your organization. So, you have to be careful while using any metrics for measurement to get those numbers that will determine the behavior of your people. A good performance metric is always balanced to avoid any counter-productive outcomes. You can create as many metrics as you want but unless those are aligned with your strategic goals, they won’t be of any help at all. That’s why all the metrics that you use should be fit for purpose—meaning that look at the overall picture and make the indicators in a comparative fashion if you want those to make sense.
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