Maximizing your performance data to create a culture of excellence
Knowledge is power, and the more you know about your shortcomings, the easier it is to improve. Here we explain the importance of selecting the right metrics when it comes to creating and maintaining a culture of operational excellence – and why context is king.
Continuous improvement: more than a buzzword
Continuous improvement is one of the most overused phrases in today’s business world. It’s the holy grail for every switched on, savvy business. But continuous improvement is so much more than a cliché – it’s essential for ambitious businesses. Businesses that are going places. Businesses that want to get ahead – and stay ahead – of the competition.
The secret to continuous improvement – that ongoing push for operational excellence – is benchmarking. And the key to efficient benchmarking is selecting, maintaining and managing the metrics that work for you.
However good your business is at measuring performance, your data and metrics are nothing without context. Okay, so your turnover last year was $10 million. Sounds great! Yet without context, a figure like that is meaningless. Is that up or down on last year’s turnover? Did you hit your sales targets? Which areas are you performing strongly in? Which regions, departments or processes are letting you down? More to the point – what are you going to do about it?
Targets give your data context and meaning. You know what good performance looks like in your business. But are you achieving it, time and time again?
Discover our powerful yet intuitive, cloud-based tools
Your metrics are a critical business asset that makes a real difference in your productivity… and therefore profitability. InfoPlanIT’s popular, easy-to-use M1 platform has helped businesses import their performance data quickly, efficiently and automatically – wherever it’s stored, and whatever format it’s in. With this valuable information at their fingertips, those businesses have been able to streamline processes, improve results, and become more profitable.
The M1 Solution make monitoring your business performance easier and more streamlined than ever before. Simply choose your metrics, and the M1 platform will collect, clean up, manage and present your KPI data – whether your focus is sales, finance, customer success, operations, supply chain, logistics or other.
What’s more, it’s completely customizable to reflect the metrics you want to measure – whatever benchmarks you need to give your data context and meaning.
Introducing your operational scorecard
A vital part of InfoPlanIT’s M1 solution is the Visual Analyzer module.
Think of Visual Analyzer as an easy-to-use, fully customizable operational scorecard. You want up-to-the-minute performance data against the benchmarks you’ve identified? You’ve got it. Choose to display your data as charts, tables or reports – even export the entire dashboard to PowerPoint – and use it to identify the strategies help you strive for operational excellence and those that don’t.
M1 securely stores all collated information as charts, tables and reports that your staff can access from any platform, any time they need to manage and analyse your KPI data.
What’s more, because the M1 solution is cloud based, you can access the information you need, whenever and wherever you need it – on your desktop, laptop, tablet or smartphone.
We can help you streamline your workflow, improve your accuracy, and boost your ability to perform critical analysis of your KPIs – all of which makes continuous improvement and operational excellence much more than goals on a spreadsheet. It makes them a reality.
Identify and manage the success factors that are critical to your business
The M1 platform helps you identify the data that’s most critical to maintaining operational excellence within your business – and to identify and refine the metrics that matter most to your ongoing success.
It’s an affordable, effective way to streamline, simplify and automate the process of collecting and collating the data that already exists within your business, and make your metrics work for you.
If you need help identifying the most appropriate data to manage, our business experts can even help you select and set the KPIs, targets and benchmarks that will help you improve your performance.
Of course, one important side-effect of having clearly defined business goals is increased motivation within your team. By defining and outlining your targets, you’ll inspire your staff to help you achieve your objectives, and strive for continuous improvement.
Integration is seamless… and painless
The M1 platform is fully flexible and scalable, so there’s no need to start from scratch if your company grows or expands in the future – or even if you’re thinking of acquiring a new business. This simple yet powerful tool significantly reduces the time it takes to integrate new acquisitions, and makes it easy to add new metrics as data becomes available, or your requirements change.
Remember, what you measure, you can manage – and performance improvements bring their own rewards. Start maximizing and managing your data, and watch that environment of operational excellence grow and thrive within your business.
Isn’t it time you pursued the most profitable opportunities to make your business more successful?
Get in touch
If you’re ready to get serious about managing your business performance while saving time and money in the process. Call or email us today. We’ll schedule a 30 to 60-minute call including a live demonstration during which we’ll talk you through the benefits of the M1 Solution and the impact it could have on your business.
In the USA? +1 (847) 879-0017
In the UK? +44 (0) 208 334 8860
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