Product Description

Breathtaking in its simplicity and profound in its impact, Key Performance Indicators (KPI) distills the balanced scorecard process into twelve logical steps, equipping users with an implementation resource kit that includes questionnaires, worksheets, workshop outlines, and a list of over 500 performance measures. Author David Parmenter provides you with everything you need to master and implement a KPI–driven strategy.

Product Details

• Amazon Sales Rank: #26690 in Books
• Published on: 2007-02-02
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 256 pages

From the Inside Flap
KPIs, while used commonly around the world, have never been clearly defined until now. Management has often referred to certain measures as KPIs that have never been KPIs. The lack of understanding of performance measures has led to most monitoring and reporting of measures failing to deliver. The casualty has often been the balanced scorecard, a brilliant tool that can only work if the appropriate measures are in it.

By exploring measures that have transformed businesses, David Parmenter has developed a methodology that is breathtaking in its simplicity and yet profound in its impact. It has been said that Key Performance Indicators is the missing link between the balanced scorecard work of Robert Kaplan and David Norton and the reality of implementing performance measurement in an organization.

While adopting many of the approaches of the KPI manual first published in 1996, this proactive guide represents a significant shift in the way KPIs are developed and used, with an abundance of implementation tools, including:

• The four foundation stones that lead the development and use of KPIs
• A twelve–step model for developing and using KPIs with guidelines
• A KPI resource kit including worksheets, workshop programs, and questionnaires
• A new and pragmatic approach to finding critical success factors
• Over 500 performance measures
• Templates for reporting performance measures
• A resource kit for a consultant who is acting as a coach/facilitator to the in–house project team

From the Back Cover
Praise for Key Performance Indicators: Developing, Implementing, and Using Winning KPIs

"Developing the right KPIs is a problem for most organizations. David Parmenter′s insightful approach offers a practical guide that will help managers to overcome these problems and turn concepts into reality in a timely way."
—Jeremy Hope, cofounder and Director of the Beyond Budgeting Round Table, and author of Reinventing the CFO

"Many organizations have struggled to match their balanced scorecard vision with actual implementation success. This book may well be the missing link. By distilling the process into twelve logical steps and by providing checklists and worksheets for each step, David Parmenter reduces the whole endeavor into attainable proportions. He also helps instill the confidence that senior leaders and managers need to both take on the task and see it to fruition."
—Sam Sheikh, Editor, Scorecard and Performance Management, BetterManagement.com

"This is a must–read book for all senior managers. The correct selection and deployment of performance measures is essential to ensure that all resources and effort are focused on achieving business strategy . . . and yet so many organizations select the wrong performance measures. This is a straightforward and practical book that clearly explains what ′key performance indicators′ are and how they should be used as part of an integrated performance improvement strategy."
—Dr. Robin Mann, Director, Centre for Organisational Excellence Research, Massey University, and BPIR.com, New Zealand

"With this book, David Parmenter has clearly established himself as the King of KPIs. Everything you need to master and implement a KPI–driven strategy is here."
—Harry Mills, author of The Rainmaker′s Toolkit

About the Author
DAVID PARMENTER is the CEO and Managing Director of Waymark Solutions (www.waymark.co.nz). For the last ten years, he has specialized in assisting organizations to measure, report, and improve their performance.He has an in–depth understanding of "winning KPIs" and how an organization can implement a balanced scorecard in sixteen weeks. Parmenter has worked with many corporate service functions in Europe and New Zealand to adopt and implement better practices. He is an international presenter and authority on a wide range of topics including quarterly rolling planning—replacing the annual planning process. He has also worked as a senior consultant for Ernst & Young in both London and Wellington, where he was involved in performing operational reviews and feasibility studies. He has also worked for BP Oil New Zealand Ltd, Arthur Andersen, and Price Waterhouse.David is a member of the New Zealand and English Institute of Chartered Accountants. He is a regular writer for professional and business journals.

Customer Reviews

A Masterpiece
Getting your performance measures right is vitally important to the
performance of your organisation and will mean the difference between
success and failure. All too often I see organisations drown in a sea of
useless measures (analysis paralysis) with no clear focus. Other
organisations see measures as something only the bean counters should do.

Providing a complete A-Z cookbook, this book sets the standard for any
organisation developing their performance measures and will soon be
recognised as the definitive work on this subject.

For anyone wanting to develop a new set of measures or simply overhaul the
existing set this book really is a must-read. If you only ever buy one book on performance measures - buy this one.

If you are implementing a KPI based reporting system buy this book
I read this book in order to get up to speed on KPI based reporting systems prior to implementing one. There are excellent suggestions and guidlines that steer you in the right direction. The authors writing style is excellent.