How to Achieve an Effective Management System: 10 Rules
Originally published: 28/05/2018 13:51
Publication number: ELQ-49179-1
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How to Achieve an Effective Management System: 10 Rules

This methodology contains 10 simple rules you should follow to achieve a management system that is fully effective.

Introduction

Companies have a hope of achieving only what the executive and management team cares about and tracks. When implementing or updating a measurement system, here are rules they should be following.

  • Step n°1 |

    Ownership

    Every measure must have an owner, and the system must have a champion.


    Is it clear in your organization who owns each measure? The overall measurement system?

    How to Achieve an Effective Management System: 10 Rules image
  • Step n°2 |

    Alignment

    Measurements must be consistent with organizational strategies.


    Does your organization have a document explicitly linking each measurement to the critical sucess factors of the organization’s strategy?

    How to Achieve an Effective Management System: 10 Rules image
  • Step n°3 |

    Balance

    Measurements should address all management disciplines, which combine to reflect the holistic, organic reality of business.


    Does the measurement system include measures of strategy, customers, processes, employees, and financial results? Does it adequately address all key elements of your business?

    How to Achieve an Effective Management System: 10 Rules image
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