How can you establish a baseline for process improvement metrics and KPIs?
Process improvement is a key aspect of operational planning, as it helps you optimize your performance, efficiency, and quality. But how do you measure your progress and success in improving your processes? That's where metrics and key performance indicators (KPIs) come in. Metrics and KPIs are quantifiable measures that help you track and evaluate your process improvement goals and outcomes. However, before you can use them effectively, you need to establish a baseline that reflects your current state and serves as a reference point for comparison. In this article, we'll show you how to establish a baseline for process improvement metrics and KPIs in four steps.