Performance Management
MBK helps organizations realize the maximum value from their business processes and strategic plans by focusing on three critical aspects of Performance Management.
Strategy Management - Balanced Scorecard
The Balanced Scorecard strategy management methodology is one of the most important innovations in the last 100 years and is a key component for successful performance management. With the Balanced Scorecard, strategy management and execution becomes a part of everyone’s job. Each person in the organization knows and understands what impact their work has on achieving the organization’s strategy.MBK works with The Palladium Group to implement the Balanced Scorecard at manufacturing, consumer products and pharmaceutical companies.
Operations Management - Lean Six Sigma
Another, equally important component of successful performance management is the management of day-to-day business operations. Lean Six Sigma is an amalgamation of process design and improvement tools and methodologies that have been developed over the last 80 years and embedded in a relatively new execution process called DMAIC (for the 5 phases of the process: Define, Measure, Analyze, Improve, Control). With Lean Six Sigma, organizations have a comprehensive set of tools and process methodology for ensuring that business processes are performing at optimum levels.MBK works with MoreSteam.com to develop web-based Lean Six Sigma training, software and simulation.
Performance Reporting
The capstone to performance management is the reporting of progress and results. The ability to easily tailor performance management reporting to the needs of different individuals and groups with the organization is critical. In addition, it must be easy to integrate the reporting tool with existing data generation and management tools.MBK works with many different performance management software companies that demonstrate the ease with which performance management reporting can be implemented and integrated with existing systems.
