How to Get the Truth Out of Your KPIs Using Smart Charts

How to Get the Truth Out of Your KPIs Using Smart Charts

Get Dramatically Faster and Bigger Performance Improvements by Discovering How to Get the Truth Out of Your KPIs Using Smart Charts.

Online, on-demand, practical training.

Designing great KPIs isn’t the only problem people have with performance measurement.

They also keep spinning their wheels, but getting nowhere fast, trying to get KPIs to improve performance or hit targets:

  • You work so hard EVERY month to find explanations for downward variances in your KPIs… and it never seems to end.
  • It’s a constant EFFORT to keep performance up near the target, pushing and cajoling and burning the midnight oil to get it done.
  • Your managers and colleagues have INCONSISTENT opinions about whether performance is improving or not (“it’s going up”… “no, that’s was because of BLAH – it’s really going down”… “yeah, but not compared to last year”… And on it goes).
  • You can’t demonstrate the IMPACT of your efforts on performance, and so all you can do is report all the completed projects as evidence that things MUST be better somehow.
  • You’re spending lots of time and money on managing performance, but have no way of working out how much the performance improvements are really costing.

There’s a culprit for this kind of dysfunctional performance management behaviour (yes, it IS dysfunctional!).
And the culprit is hidden in plain sight.

 

You’re NOT getting the truth, the whole truth and nothing but the truth, from your KPIs.

In the electricity sector, one of the common performance measures used to track the reliability of the electricity network – the system of cables and transformers and so forth that deliver the power to homes and businesses – is called SAIDI, the System Average Interruption Duration Index.

A typical way to report SAIDI was a graph with a 12-month moving or rolling average.

Moving averages are often used to smooth out the seasonal fluctuations you see in a lot of financial data. When these seasonal fluctuations are smoothed out, you are supposed to be able to see the overall trend in your data.

For the manager who needs to track a lot of performance results, this sounds heaven-sent. And that’s why they are such a popular trend analysis technique.

* But popular doesn’t mean appropriate! *

For one energy company, their SAIDI KPI showed a lovely, downward trend. It convinced everyone that performance was improving (in response to their great management).

//www.staceybarr.com/images/reliabilitykpi.jpg

But performance WAS NOT improving. They were misled by their graph of SAIDI. The truth was that performance had not changed at all.

How could this be? How could the graph clearly show a downward trend but performance in fact be no better at all?

The culprit for dysfunctional performance management behaviour is the use of statistical methods WITHOUT appropriate statistical thinking.

 

One simple change to how you report your KPIs can sky-rocket your performance improvement.

And this change is using a charting method known as XmR charts, but I like to call them Smart Charts. They make our KPIs tell us the truth about performance, and they stop us from spinning our wheels and getting nowhere fast with performance improvement.

In this 5-part online self-paced course, we’re going to cover, in practical detail with heaps of real-world examples, everything you need to know to get your KPIs into these simple but powerful Smart Charts before the course is even over:

  • The anatomy of the Smart Chart (it’s actually been used by world-class companies for decades, but has flown under the performance management radar for too long).
  • Step-by-step instructions and demonstration of how to create the Smart Chart for virtually all your KPIs, WITHOUT special software or statistical skills.
  • The simple interpretation rules that make the Smart Chart the easiest chart to interpret validly, consistently and with confidence every time.
  • The broad range of KPI types that suit Smart Charts and how to know when it’s not appropriate to use Smart Charts.
  • How target setting becomes a breeze and a nifty new way to put targets on your KPI graphs that uses less ink/pixels but conveys more information.
  • How to put Smart Charts into your performance dashboards to achieve simultaneously what the space-saving sparklines and bullet graphs currently achieve together.

 

Together we’ll create your first KPI Smart Chart, over 5 power-packed online classes…

Here’s what you get as part of your participation in the “How to Get the Truth Out of Your KPIs Using Smart Charts” course:

  • 5 how-to video classes, teaching you the steps and techniques to create Smart Charts for your KPIs through online video replays of past live webinar sessions.
  • A collection of real-life examples to inspire and demonstrate for you how a wide variety of KPIs suit the Smart Chart approach to reporting.
  • The Excel template to create your KPI Smart Charts simply by adding your data – the calculations and charts are automatically updated for you.
  • Bonus Excel templates for seasonal, trend or ‘rare event’ KPIs, with instructions for how to prepare these measures so that Smart Charts can reveal insights and signals more clearly.
  • The full written transcripts of each lesson in the course to have as a handy guide and quick look-up resource during your implementation.

 

Take the course online, whenever it suits you…

Immediately after you register, you can watch the videos and download the workbooks and templates when it suits you!

You can even benefit from the questions that participants in the live webinars asked, both in the transcripts and in a special Q&A report.

 

Registration fees and discounts

You have three options for using Smart Charts:

  • The first option is that you can simply access the online course videos and downloadable workbooks, templates and transcripts. You’ll get the most from this option if you start the course with your data ready, so you can practice Smart Charts as you’re learning them, following along as I guide you.
  • The second option can give you a little extra personal help with your first Smart Chart. Email me your first Smart Chart and I will look it over and email feedback and suggestions about its calculation, signals, interpretation and formatting to you.
  • The third option includes a web meeting for both of us to create your first Smart Chart together, or to review one you already have and check and/or improve its calculation, signals, interpretation and formatting.

OPTION 1:
Attend

Attend and ask your questions during the live webinars, get the transcripts, template and checklists.

$447AUD
plus GST for Aussies

OPTION 2:
Get Feedback

Option 1 + personal email coaching to create your first KPI Smart Chart*.

$597AUD
plus GST for Aussies

OPTION 3:
Get Coaching

Option 1 + personal 45 minute phone coaching session to create your first KPI Smart Chart*.

$997AUD
plus GST for Aussies

 

* The email and phone coaching must be used within 45 days of your registration.

Save with a group registration if you register for Option 1:

You can also save on the registration fee for this course with a group registration for your company. These discounts ONLY apply to the number of registrants you include in the same registration.

For 2 to 5 people: Each save $100AUD
plus GST for Aussies
For 6 or more people: Each save $200AUD
plus GST for Aussies

 

The discounts are calculated automatically at checkout. And remember: these discounts only apply when you register your colleagues with you, in the same booking.

 

Register for the online “Using Smart Charts” course, securely with credit card or PayPal:

Are you ready to get the truth out of your KPIs and dramatically transform the speed and cost of performance improvement in your company or organisation?

Click the option you want to go to our online registration form where you can pay via credit card or PayPal:

Register for Option 1 Register for Option 2 Register for Option 3

Smiles, Stacey.

Connect with Stacey


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PO Box 422
Samford, Qld, 4520
Australia
Stacey Barr Pty Ltd
ACN: 129953635
Director: Stacey Barr

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