Help me study for my Management class. I’m stuck and don’t understand.
Prepare a presentation that outlines Smith’s current state and recommendations for key performance indicators (KPI’s) or metrics for Smith to measure.
10–15 slides with speaker notes, 500–1,250 words with recommendations. Bullet points on slides w/detail in speaker notes. Graphics on sides w/bullet points
APA format – at least 3 references w/in text citations
In the presentation, include the following:
- Address the purpose and benefit that metrics provide for management and how the business can use metrics to drive improvements.
- Provide recommendations for metrics specific to Smith’s business in at least five of the following categories: customer service, quality, delivery / on-time delivery, cost, responsiveness, communication, project delivery, technology, employee productivity, capacity, etc. Include examples of charts / graphs or the manner in which the metric would be communicated to management and the frequency of reporting. This can include balanced scorecard, management memo’s, daily pulse reporting, monthly operations reporting or any other means which will provide the information in a timely and relevant manner to management.
- Discuss how Smith would track and report on the data needed for each metric as well as the limitations within the current process or assumptions built into the measurement.
- Explain the importance of metrics on customer relationships and satisfaction.