We’ve probably all heard this discussed a time or two before, but I feel the practice of measuring to track progress of obtaining goals is instrumental to nearly everything we do (professional and personal).
I think the graphic above best describes the characteristics of “Winning” Key Performance Indicators. What’s meant by winning KPI’s? Well, simply put the short list of items that can easily be used to quantify our current state or progress towards our desired state.
No matter where you work or what you do, KPI’s should be integrated into your everyday practice. Work or tasks of all types have desired expectations or an array of intermediate steps and goals. All of these expectations, steps, and goals can and should be measured in a way to drive performance and meet the desired end state. There are really two challenges when it comes down to accomplishing this feat. First, taking the time to identify the few items that can easily be measured and used to proactively adjust in order to reach success. Second, and likely the most difficult, consistently measuring and analyzing to that which you expect.
If you think about green manufacturing and some items that can be used as winning KPI’s consider a few of the following: energy cost per unit, energy cost per lb (kg, etc) of product produced, energy usage by product line, GHG emissions by line, by product, by defect (i.e., air and gas leaks, faulty steam traps, faulty insulation, etc.), energy cost by defect (i.e., motor defects such as resistance to ground, current unbalances, misalignment, incorrect application, undersized, oversized, etc.). For a truly holistic view, try comparing your plants Asset Health v.s. Overal Energy Consumption v.s. Production Output Weibull Plot.
As always, I welcome all of your thoughts and comments. Feel free to comment on my blog or send me an email at email@example.com. Until next time, set your goals and start measuring!