Measure With KPIs

Use key performance indicators to measure performance.

What are KPIs?

KPIs, short for key performance indicators, are quantifiable measures used to determine whether a business is achieving one or more strategic objectives. There are at least two applications for KPIs in operational excellence:

  • Define KPIs and targets to measure the effectiveness of the OpEx team
  • Help other business functions to define appropriate and aligned KPIs and targets

How are KPIs managed in the platform?

The EON platform makes it easy to do the following:

  • Define KPIs for any strategic objective or improvement project anywhere in the business
  • Track KPIs monthly against a predefined target in the well-known “bowling chart” format
  • Assign ownership for individual KPIs
  • Observe performance trends and create action plans with ownership and due dates and linked to proactive email notifications

Why manage KPIs using the platform?

Organizations use the KPI management feature in EON for the following reasons:

  • Align the critical measures of organizational performance to the overall business strategy
  • Create a “closed loop” system whereby sub-par performance translates to tactical action plans with clear ownership and due dates
  • Reinforce a culture of transparency and accountability

Have KPIs that you want to track and manage?

First, be sure they're aligned with your strategies. The EON platform makes it easy to create one or multiple KPIs for each strategic objective.

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Explore the rest of the platform...

Align With Strategies

Discover a better way to deploy strategy.

EON makes that possible by allowing you to define strategies at all levels and across all functions.

Implement With Projects

Get more disciplined at project execution. 
 
Capture, prioritize, and manage improvement projects large and small with the Projects feature in EON.

Develop With Playbooks

Take a deeper dive into organizational maturity from the Scorecard by analyzing the Heatmaps.

Start driving ROI with continuous improvement.

In our latest ebook, we explore the ROI of CI within the context of larger cultural transformation. Find areas where your organization can improve with our ebook, "How to Ensure ROI from Your Improvement Approach".