Creating Metrics to Drive Performance

  • Overview
  • Course Content
  • Requirements & Materials
Overview

Creating Metrics to Drive Performance

Course Description

Learn how to create metrics to drive performance! In this course, you will have the opportunity to translate business and manufacturing information in a way that improves decision-making and guides the organization towards achieving its strategic objectives. Discover what to measure, what not to measure, and how to use those measurements to optimize operations and avoid pitfalls. You will learn how to communicate metrics and generate reports through visual management tools to guide and encourage team members. Additionally, the course will help bridge the gap between understanding financial statements, developing justifications, and conducting project work that supports continual improvement.

Course Content

GAIN UNDERSTANDING ON TYPES OF METRICS

  • How to identify what to measure
  • Types of metrics overview

USE METRICS TO ACHIEVE STRATEGIC PLAN AND CREATE ALIGNMENT

  • Business strategy overview
  • Strategic plan and key performance indicators
  • Corporate scorecard
  • Functional plans

LINK OPERATIONAL METRICS AND CONTINUOUS IMPROVEMENT PROJECTS TO FINANCIAL IMPACTS AND REPORTING

  • General P&L overview
  • Corporate dashboard
  • Functional plans

DEVELOP PROCESS AND SKILLS FOR COMMUNICATING METRICS

  • Effective communication
  • Communication tools and visuals
  • Communication cadence

SUSTAIN A METRIC DRIVEN ORGANIZATION

  • Leadership commitment
  • How to create a culture of accountability
  • Leadership cadence
Requirements & Materials
Prerequisites
Materials

Required

  • Laptop (optional)
  • Paper and pen

Provided

  • Workbook
  • Handouts

Session Details

Who Should Attend

This course is designed for middle managers and leaders who are responsible for continuous improvement and leading change.

Manufacturing professional participating in training course

What You Will Learn

  • Strategic alignment
  • Metrics
  • Financial reporting
  • Communication
  • Sustainability
Working professional creating process mapping flowchart on computer

How You Will Benefit

  • Learn how to create organizational alignment and support for achieving a strategic plan through proper metric development and deployment.
  • Gain an understanding of the types of metrics and application, such as visual, leading, lagging, safety cross, and more.
  • Discover the relationship and linkage between metrics for different functions and applications and financial statements.
  • Develop skills for communicating metrics, such as corporate dashboard, KRA, team board, and gemba walk.
  • Understand how to sustain a metric-driven organization through practices such as leadership cadence and five-minute stand-ups.
  • Taught by Experts in the Field icon
    Taught by Experts in the Field
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    Grow Your Professional Network

The course schedule was well-structured with a mix of lectures, class discussions, and hands-on exercises led by knowledgeable and engaging instructors.

- Abe Kani
President

TRAIN AT YOUR LOCATION

We enable employers to provide specialized, on-location training on their own timetables. Our world-renowned experts can create unique content that meets your employees' specific needs. We also have the ability to deliver courses via web conferencing or on-demand online videos. For 15 or more students, it is more cost-effective for us to come to you.

  • Save Money
  • Flexible Schedule
  • Group Training
  • Customize Content
  • On-Site Training
  • Earn a Certificate
Learn More

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