Smart KPI Architecture - Aligning Vision to Action
HOW TO CASCADE VISION INTO AN ACTION PLAN THAT WORKS - YOUR STRATEGIC ROADMAP TO SUCCESS
In this interview, we had the chance to walk our viewers through a real example of strategic deployment at mid-size manufacturing company Dupont Toys of Switzerland* in which we deep dive the leadership team's long-term vision and zoom in to an individual investment they are making in 3D printing realisation.
From there our example takes us through the lead and lag KPIs that are identified and assigned to their team leaders.
Finally, all of this is governed by a digital dashboard provided by our friends at?TOPP Tactical Intelligence Ltd?of London.
In this 13-minute simulation you will see:
Breakthrough Goals Identification:?Meet Dupont Toys of Switzerland. After 3 generations of being artisans, they are now looking to embrace Industry 4.0 opportunities and go global. Check out what their Board of Directors has in store for their next 20 years!
Strategic Initiative Identification:?Understand why and how the management team has decided to invest in 3D printers to support their breakthrough goals
The Balanced Scorecard logic:?A key element to making sure that the Dupont Management team keeps all their stakeholders in mind when measuring performance
Key Success Factors:?How Dupont groups their performance indicators prior to reporting them to ensure key personnel is involved in key moments
Lead & lag indicators:?The way in which the Management Team will approach tactical action taking on the floor to manage the pressure of the quarterly shot clock and ensure successful reporting to the Board of Directors.
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* The information in the 'Dupont Toys' simulation regarding the operating model & strategy (e.g. processes, KPIs, etc.) are based on real events. The names, photos and logos of the people and company have been changed for privacy purposes.