Robust Production Management (RPM) Module 2: Performance Framework (PDF)

DESCRIPTION

This product (Robust Production Management [RPM] Module 2: Performance Framework) is a 21-page PDF document, which you can download immediately upon purchase.

Productivity, efficiency, unit costs. So many business performance variables – yet they're ALL directly related to each other, & they're ALL measurable... from the top of an organization, down to the person, process & penny. Learn the secrets of an effective performance framework, and how it can help you spot hard-dollar opportunities in your company or for your clients – it's all laid out in Robust Production Management (RPM) Module 2: "Performance Framework." "Performance Framework" is the second module in the Metrilogics RPM management training series – more on the way.

This module dives deep into the nuances of direct versus indirect time, providing a clear distinction between paid time dedicated to core customer work and time allocated to other activities like project time, system downtime, and training. Understanding these differences is crucial for managers aiming to optimize team productivity and allocate resources efficiently.

The PDF also introduces the concept of factoring earned work credit hours by quality, transforming gross output into meaningful metrics. By factoring in accuracy and completeness, organizations can distinguish between quality work credit and failed work hours, enabling more precise performance assessments and targeted improvements.

Real-world examples illustrate the impact of low efficiency on a company's bottom line. Detailed scenarios show how paid time off, lost time, and unearned time contribute to overall efficiency percentages, providing actionable insights for managers to enhance operational performance and drive cost savings.

Source: Best Practices in Performance Management, Enterprise Performance Management, Performance Measurement PDF: Robust Production Management (RPM) Module 2: Performance Framework PDF (PDF) Document, Lance Latham