FM & OE

Measuring Performance

Select one of the following options for your discussion post this week.

Option 1:

There is an adage in business that says, “You get what you measure.” This suggests that we must carefully monitor performance-tracking metrics if we want to improve business results like increasing productivity, mitigating costs, or improving employee engagement.

What is an important performance tracking metric that your company uses, and what is the likely business result they are trying to influence (such as increasing revenue, lowering costs, managing risks, etc.)?

Briefly describe how your company calculates and communicates this metric, and share your opinion on the extent to which this performance tracking is helping to improve business results.

Share your ideas on how else the company could improve this performance-tracking process.

Company- department of defense

Choosing the Right Map

Note: The discussion questions for last week and this week will help you prepare for your first assignment, Part A of your Operational Excellence Course Project, due in Week 4. Before beginning this discussion question, review the Course Project overview on pp. 16-17 of the Course Guide.

In Part A of your Course Project, you will create a detailed map of the  current state of the workflow from input to output for the operational improvement initiative you are focusing on. In your initial post:

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. Leveraging what you have learned from the LinkedIn Learning  Process Stakeholders and SIPOC  video in this week's materials, include a brief SIPOC synopsis of the main components of the business process or workflow you will be addressing in Part A of your Course Project.

. Identify the type of map ( Value Stream,  Detailed Swim Lane, or  Detailed Process) will you create to document the current state.

. Explain why this map type the best choice for your initiative.

Here’s the link to LinkedIn learning https://www.linkedin.com/learning/operational-excellence-foundations/process-stakeholders-and-sipoc?u=57878161