EPISODE A4.003 CreatING Visual Metric Displays

Introduction
Here we are in the last week of July and the first month of the 3rd Quarter is ending - how much closer are you to success?

If you have been with us all month, you know we have been railing against the politicians and bureaucrats for acting arbitrarily in response to the pandemic; and any illusion they are making data-based decisions should have been dispelled by now. This is not about a specific political party or group, it is about the arbitrary use of power at the expense of the most important global community - you.

People like us, Living the Life, employ 57% of the planet's population and yet are treated as the source of its problems. Not here, we celebrate the contribution you make to a better society and our focus is to improve your chances of success. 

This week we continue the new programming structure. We use a Balanced Scorecard to format our weekday shows: Finance (Monday) = Operations (Tuesday) + Sales (Customers) + People (Employees) with Fridays dedicated to Owners. Look at the week this way - Monday through Thursday is working IN the Present, Friday is working ON the Future.

Also, we just built a new community, our version of a Chamber of Commerce. Join Up and gain access to our Hosts and access our library of best practices.

Have a great business week.
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Show Objectives
If you had the opportunity to read our 4 Pillars of Fast and Sustainable Growth (EPISODE SPECIAL - THE 4 PILLARS OF FAST AND SUSTAINABLE GROWTH), you know we believe that one secret of success is having employees that self-manage. Certainly you need to hire people where that is possible, our focus here is on the work environment their performance takes place. 

Key Issues - ​Owner Perspective:

1. Create an atmosphere of informed performance and results - self management.
2. Focus on compliance to plan and variation.
3. Determine what to measure.
4. All visuals are employee scored and maintained.

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What You Need to Know

• ​Your business objectives for the year, quarter, month, growth phase - etc;
• Creation of a Measurement Skeleton ( see EPISODE E.009 MEASUREMENT SKELETON);
• Selection of the Right Charts based on what is being measured.

What You Need to Do

1. Schedule Board - work scheduled over a specified period of time.
2. DTD (end to end) - based what is on the Schedule Board, total time from beginning to end
3. TaKT (performance in individual unit),
4. WIPI (what is tied up between individual units,
5. OEE (up-time or availability).

Shows

• Previous: EPISODE A4.002 CREATE DASHBOARDS FOR EMPLOYEES, SCORECARDS FOR OWNERS
• Next: EPISODE A4.004 Create Tracking Report on Cash Flow Management