iSixSigma

KPIs for Financial Areas? (Performance Metrics)

Six Sigma – iSixSigma › Forums › Old Forums › Finance › KPIs for Financial Areas? (Performance Metrics)

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • September 11, 2009 at 2:00 pm #24854

    Armando Díaz
    ★ 10 Years ★
    Participant

    Hello everyone:
    I´m doing a performance scorecard (KPI) for financial and accounting area ,because we would like to start six sigma projects based on it
    do you know some metrics? (defects, cicle time, errors, etc)
    Also if you know some good 6 sigma  project to do

    thank you
    ADC

    0
    September 16, 2009 at 12:46 pm #59632

    Jeff Book
    ★ 10 Years ★
    Participant

    ADC – do yourself a big favor and schedule one-on-one meetings
    with leadership team members. They are in the best position to tell
    you what they need to achieve in the business. Their business
    objectives form the basis for real KPI’s. For example, if “getting
    financial products developed quicker and brought to market” is what
    keeps them up at night, then develop a business level KPI around
    Time to Market. (KPI may be % improvement in TTM). The KPI
    performance will drive the natural selection of projects – don’t be
    another of those SS folks that go “hunting” for projects – build your
    project deck from the business KPI’s.

    0
    September 28, 2009 at 6:28 pm #59636

    Pai
    ★ 10 Years ★
    Participant

    Hi,
    Some measure we have used are:
    IT spend per user
    % spend for KLO (Keep the lights on) vs. Discretionary projects
    Cumulative NPV for projects initiated during the quarter, etc.
    thanks,
    Rajesh

    0
  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)

The forum ‘Finance’ is closed to new topics and replies.