There’s a reason Measures Architecture is the first element in our approach to a Total Analytics Model. An effective reporting analytics program depends on a well-established performance measures architecture or framework for a reliability analysis, one designed for identifying gaps and that drives each function towards the overall site objectives through conducting a gap analysis.
So many companies today are overloaded with measures and reports, but few are able to realize the total benefit. In many cases these measures are not a strategically selected part of an overall framework. Instead, performance indicators for each function have been built up over time based on emotional reaction to situations, creating a clutter of metrics.
True power and control of performance measures goes beyond the simple identification of metrics. It is the development of a connected, multi-level, functional framework which incorporates cause and effect scenarios that point you in a clear direction once an indicator goes off track. By understanding relationships, ownership, and levels in the organization, as well as the root cause for deviation, you will take total control of your measures program.
Our Measures Design Workshop takes the guesswork out. Your team will develop a solid performance measures framework built using the industry recognized SMRP body of knowledge – and that’s where the fun begins!
Complementing our workshops, Asset Analytix has a suite of software agnostic reports that can use your CMS data to create a baseline and determine a desired future state that will meet your business requirements. Our advanced information technology and analytics reporting frameworks will guide you towards a successful process improvement initiative.
Reach out to us to find out how Asset Analytix Solutions will help your organization maximize the savings opportunities through effective improvement initiatives.