EXAMPLES OF SOME OF BEST-IN-CLASS PERFORMANCE METRICS USED FOR OPERATIONAL KPI ( Part 2 of 3)

Some of the best in class performance metrics extracted from Abe Aberdeen Group,June 2008:- 

Operational MetricsMeasurable Values(KPA)Measured As(KPI)
Customer satisfaction index
  • Percentage improvement in customer satisfaction
  • Issue resolution speed
  • Resolution accuracy in past 12 months
Percentage improvement or decline
(-50% to >50% in increments of 10%)
Customer retention
  • Rating of customer retention performance during past 12 months
Percentage of actual retention during past 12 months (raw percentage or “don’t know)
Time-to-information
  • Time between actual business events and access to information about those events during past 12 months
Months to weeks,weeks to days,days to hours,hours to minutes,minutes to seconds
Time-to-decision or action
  • Time between actual business events and action taken to address those events during past 12 months
Months to weeks,weeks to days,days to hours,hours to minutes,minutes to seconds
Decision-maker visibility to KPIs
  • Percentage increase or decrease in visibility to operational KPIs among employees with operational responsibilities during past 12 months
Percentage increase or decrease
(-50% to >50% in increments of 10%)

 Other important operational kpa/kpi are:

  • End-user satisfaction
  • Existence of KPIs in four major scorecard categories:financial,customer,process,HR and innovation
  • Increase in number and types of decisions that can be made
  • Improvement in quality of information upon which decisions are based

See more examples  on KPI in the Balanced Scorecard Category re:Financial Perspective KPI ;  Customer Perspective KPI ;Internal Process Perspectives KPI and Learning &Growth Perspective KPI

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