I learned through my
ActionCoach (check out Yolanda's info, she rocks!) program that you can't run a successful business unless you have
Key Performance Indicators in place. You can regularly test and measure your indicators through scorecards to measure where your focus and energy should be placed.
Okay, so what does all this mean? From my corporate procurement background working with CFO's, I had an idea that made sense to me. I have taken it a step further to help you break it down and show you how to apply it to your own productivity. Let's start with a definition from Wikipedia:
Key Performance Indicators (KPI) are financial and non-financial metrics (a measurement) used to help one define and measure progress toward one's goals.
The Balanced Scorecard (BSC) is a performance management tool which began as a concept for measuring whether the smaller-scale operational activities of a company are aligned with its larger-scale objectives in terms of vision and strategy.
By focusing not only on financial outcomes, at Strategize & Organize we apply the Balanced Scorecards to your productivity. (This Scorecard has been modified from the original from my training as a Paper Tiger Authorized Consultant with Barbara Hemphill).
Having a Scorecard in your productivity toolbox, gives you a measurement to assess your progress toward achieving your goals. This will help you to be able to identify your strategy and measure how you are doing.
As a first step, see the Scorecard samples below. Taking these Scorecards as part of your maintenance process in your productivity and organization efforts will give you tangible evidence of your progress, the KPIs!