<p><P>The principles of modern strategic management are illustrated by an ancient Chinese tale: a man who wanted to go south was in a carriage driving north. A passer-by asked him "If you are going to the south, why is your chariot heading north?" The man answered, "My horse is good at running, my d
A complete and balanced service scorecard creating value through sustained performance improvement
โ Scribed by Tyagi, Rajesh K;Gupta, Praveen
- Publisher
- FT Press
- Year
- 2008
- Tongue
- English
- Leaves
- 321
- Category
- Library
No coin nor oath required. For personal study only.
โฆ Synopsis
In the U.S., service related activities have become dominant aspects of the economy and currently account for well over 50% of our GNP. The authors' framework eliminates outdated, low-value techniques originally created for manufacturing firms, replacing them with advanced techniques that fully leverage your investments in technology. Tyagi and Gupta begin by explaining why conventional balanced scorecard approaches don't work well for service organizations, discussing issues ranging from the inherent variability of customers, servers, and processes, the crucial importance of engagement, and the unique challenges of service innovation. Next, they introduce a Service Scorecard framework that encompasses the seven key elements of service organization success: Growth, Leadership, Acceleration, Collaboration, Innovation, Execution, and Retention. You'll learn how to set clear performance targets at the function and business level; benchmark performance against best practices; identify improvement opportunities; and capture performance data that offers a leading indicator for financials. Their proven approach is designed for easy understanding and implementation without the need for expensive consultants. Simply put, it offers today's most direct path to measuring performance and optimizing business value in any service organization.
โฆ Table of Contents
Cover......Page 1
Contents......Page 8
Acknowledgments......Page 14
About the Authors......Page 16
Foreword......Page 18
Foreword......Page 22
Introduction......Page 24
PART I: Understanding Service Performance......Page 28
Chapter 1: Performance Management and Scorecards......Page 30
Service Industry Components......Page 31
Business Performance Measurement Challenges in the Service Industry......Page 32
The Balanced Scorecard......Page 33
Business Performance Evolution......Page 35
Service Scorecard......Page 41
Establishing the Service Scorecard Measurements......Page 44
Take Away......Page 45
Chapter 2 Performance Challenges in the Service Sector......Page 46
Examples and Drawbacks of Performance Measurement Systems......Page 47
Performance Measurement for Service......Page 49
Performance Measurement Challenges in Services......Page 52
Major Challenges......Page 56
Case Studies of Performance Measurement in the Service Sector......Page 62
Take Away......Page 65
Chapter 3: Six Sigma for Services......Page 66
Six Sigma and Service......Page 67
Six Sigma Methodology Overview......Page 68
Design for Six Sigma for Services (DFSS)......Page 72
Axiom-Based Service Design Model......Page 73
Using Axioms for Designing Services......Page 76
Implementing Six Sigma in Service Organizations......Page 79
Six Sigma Enhancements......Page 81
Take Away......Page 82
Chapter 4: Performance Management for Services......Page 84
Comparative Analysis of Performance Measurement Systems......Page 85
Scorecards Versus Quality Programs......Page 91
Performance Management Development......Page 98
Take Away......Page 99
PART II: Learning Service Scorecard......Page 100
Chapter 5: Understanding the Service Scorecard......Page 102
Elements of Service-Based Businesses......Page 105
Benefits and Challenges of the Service Scorecard......Page 108
Results of Using the Service Scorecard......Page 110
Design of the Service Scorecard......Page 111
The GLACIER......Page 114
Service Performance Index, SPIn......Page 121
Take Away......Page 123
Chapter 6: Designing a Service Scorecard......Page 124
An Empirical Investigation of the Measurements Alignment Process......Page 125
Balance between Innovation and Continuous Improvement......Page 127
Analyzing the Requirements of Performance Measurement Systems......Page 128
Performance Measurement Systems for Services......Page 130
Service Chain Framework......Page 131
Other Service Models......Page 132
Elements of the Service Scorecard......Page 134
Take Away......Page 140
Chapter 7: Leadership and Acceleration......Page 142
Leadership......Page 144
Transformational and Transactional Leadership......Page 146
Leadership Measurements......Page 147
Acceleration......Page 150
Take Away......Page 155
Chapter 8: Collaboration......Page 156
Drivers of Collaboration......Page 157
Measures of Collaboration......Page 161
Collaboration and the Service Scorecard......Page 163
Steps to a Successful Partnership......Page 166
Cases......Page 167
Take Away......Page 169
Chapter 9: Innovation and Execution......Page 170
Employee Engagement and Innovation......Page 171
Employee-Driven Innovation......Page 173
Innovation Measures......Page 176
Execution......Page 180
Implementing Execution Measures......Page 182
Execution in Service Scorecard......Page 185
Take Away......Page 188
Five Steps of Six Sigma for Services Methodology......Page 189
Chapter 10: Retention and Growth......Page 200
Customer Solutions and Customer Retention......Page 201
Retention Measures......Page 203
Implementing Retention Measures......Page 206
Growth......Page 207
Idea Management for Service Innovation......Page 214
Implementing Growth in Service Scorecard......Page 216
Take Away......Page 218
PART III: Practicing Service Scorecard......Page 220
Chapter 11: Implementation of the Service Scorecard......Page 222
Approach to Implementing the Service Scorecard......Page 223
Committing to the Fundamental Business Strategy of Sustained Profitable Growth......Page 224
4P Model of Process Management for Services......Page 225
Executive Understanding of the Service Scorecard and its Elements......Page 228
Strategic and Organizational Alignment......Page 229
Planning for the Service Scorecard......Page 231
Take Away......Page 241
Chapter 12: Integration of Service Scorecard and Improvement Initiatives......Page 242
Performance Initiatives......Page 245
The 4P Model for Process Excellence......Page 247
Lean for Streamlining Processes......Page 249
Six Sigma for Perfecting Processes......Page 251
Service Innovation for New Solutions......Page 253
Utilizing Service Scorecard to Synergize Improvement Initiatives......Page 257
Take Away......Page 258
Six Sigma Business Scorecard Experience......Page 260
Research Roundtable on Service Measurement (Boston)......Page 261
Validation of Individual Service Scorecard Elements......Page 263
Validation of Similar Methodologies and Frameworks......Page 269
Validation of the Service Scorecard......Page 274
Take Away......Page 277
Chapter 14: Best Practices......Page 278
Growth......Page 279
Leadership......Page 280
Acceleration......Page 282
Collaboration......Page 284
Innovation......Page 287
Execution......Page 289
Retention......Page 291
Take Away......Page 294
Final Thoughts......Page 296
Bibliography......Page 302
B......Page 310
C......Page 311
E......Page 312
G......Page 313
K......Page 314
O......Page 315
P......Page 316
S......Page 317
V......Page 319
Z......Page 320
โฆ Subjects
Business
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