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Daily experiences (UK only) - A typical set up of Performance Management
Many organisations try to improve their Performance Management framework and are launching projects or programs to get the job done. However, the way these projects are carried out is killing for achieving break through results. Let’s focus on the main issues:
- Ownership: most of the times Finance or ICT is in the lead in the project. Of course, it seems logical and their involvement is important. However, only the CEO can be the owner and driver of such of project or program.
- Planning & Control: as a consequence of wrong ownership, the Performance Management set up is fully linked to the Planning and Control processes. This seems logical, but managing a business or organisation normally required a frequency that goes far beyond monthly reporting of KPI’s.
- Organisation structure: performance is monitored reviewing departments. The organisational structure determines the performance management structure. Customer processes, and its ownership, is totally lacking.
- KPI list every month: embracing the P&C cycle means every month reporting your KPI’s to your superiors, where in fact it should be used to improve your own performance. You are using it the please the upper level management.