"Process performance, know how your processes are performing by visibly measure it."
The following statement is not new to any of us "What gets measured gets done." And this as true for your business KPIs as for your process' performance too.
Businesses often measure their health with Key Performance Indicators (KPIs) that revolve around sales volume, profit, cash flow etc. All valid measures, however, the performance of the business processes, that ultimately drive these top KPIs, are given less attention.
Whether the arm is to improve the performance of product or service quality or to increase profits, it is key to know how the business processes are performing at all times.
Typically processes should be measured more frequently than company KPIs are, and should ideally be done as close to real time as possible. The outcome or output of the process is measured. That is, the final service or product produced.
Typically, two process measurement categories are employed. These are, the (1) quality of the outcome and (2) the efficiency with which it has been produced.
Statistical Process Control charts have been in use for centuries as the standard measurement tool. When one adopts a more freindly name, such as "Control Charts", the tool becomes more accessible to most, the intimidation factor falls away.
As process history is developed, the stability of the process can be monitored and deviations quickly noticed and corrective action taken.
To know your processes starts with measuring the appropriate performance, whether a quality attibute, a process variable, or other aspects of a process.
It goes without saying that the characteristic performance measured needs to be appropriate, acuarte and reliable. If not, all that is then achieved, is the Katherina of useless information on which poor decision making is the result.
When considering measures or metrisch they should,