Originally published: 28/05/2018 13:51
Publication number: ELQ-49179-1
View all versions & Certificate
Publication number: ELQ-49179-1
View all versions & Certificate
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?
- 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? - 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?
