EPM Review
EPM Review News Letter
 
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Paul Niven
Yes Mom, Rock Stars Can Teach You Something
During Scorecard consulting engagements one of the greatest challenges I see my clients struggling with is their desire to find the 'perfect' measure for every objective...
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Interviews

Bjarte Bogsnes - Project Manager Beyond Budgeting, Statoil

This interview features Bjarte Bogsnes, Project Manager Beyond Budgeting for Stavanger, Norway-based Statoil, an integrated oil and gas company...
 
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Spotlight

Aligning Compensation
For most people, money is a powerful motivator. As a simple test, give somebody two tasks that require equal effort and allow them to decide...

 
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Articles

  • Customer Perspective
    by Paul Niven
    A vital perspective for all companies regardless of their industry to track success through the eyes of their customers and to maintain leadership in the marketplace and customer minds.
  • A Performance Management Framework
    by Maurice Klaus
    Understanding the potential for a common ground between strategic and operational aspects of performance management

Case Studies

ImageThe Balanced Scorecard is an essential tool for managing the organization, from setting priorities to allocating resources to managing performance.


ImageWhen faced with a challenge in aligning managerial principles BKK implemented a group-wide process improvement program, driven by the identification of Critical Success Factors (CSFs) and Key Performance Indicators (KPIs).

KPI Library

Choose a list from our resource of Key performance indicators


  • Labour cost as % of sales
  • Revenue generated per Full Time Equivalents (FTEs)
  • Unit production per FTEs
  • Labour utilization rate
  • Quality reject rate (employee error)
  • Average days of vacancy duration - staff
  • Average cost of recruitment - staff
  • Average cost per vacancy filled

Tips, Tools and Techniques

  • Making the Business Case
    A full scorecard design and rollout requires clear and tangible business benefits.
  • Personal Scorecards
    Aligning Individual Performance with Strategic Objectives. Making strategy everyone’s job.
  • Strategic Initiatives
    The work of Performance management and Strategy Implementation takes place through Strategic Initiatives.
Title:  Plans cast in stone
Plans cast in stone 
When is your budget outdated? The day you write it. I have worked with creating budgets in large corporations and was amazed that we still adhered to the old way of allocating resources. Luckily there are individuals and companies that have examined this under a magnifying glass and have changed the way they allocate resources.
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