The Value Flow Analysis (VFA) represents a Key Performance Indicators (KPIs) selection technique, focused on analyzing the value generated by a system at all stages: Input, Process, Output and Outcome. This technique is mostly used during the KPI selection workshop, in order to properly measure the value generated within each stage. For each objective, KPIs are selected for Input, Process, Output and Outcome. Based on this initial listing, the KPIs that best reflect the achievement of the objective are selected.
We are very excited to announce the launch of a new series of free webinars, meant to provide the interested professionals with knowledge and best practices on relevant performance related topics!
Through each of the weekly webinars offered, The KPI Institute will provide the information needed to understand the performance management architecture, overcome challenges and attain performance excellence, while following the process sequence. Having expert speakers with experience in performance management research and practice ensures that the webinars will meet high-quality standards.
On a yearly basis, the world’s top airlines are selected, at the prestigious World Airline Awards, based on a worldwide customer survey. For the 2014 awards, around 19 million customers completed the survey that resulted in Cathay Pacific Airways being awarded the top spot among the globe’s airlines. The runners up were Qatar Airways and Singapore Airlines at number two and three respectively. The top 10 airlines for 2014 are the following:
A documentation form is a standardized template used to aggregate all relevant information in regards to a Key Performance Indicator (KPI). It sets the basis for a rigorous performance measurement framework, by providing details about the KPI in terms of description, targets, purpose, limitations and accountability.
West Sussex County Council is the first authority in the United Kingdom that has implemented a software to provide citizens open access to its performance data. Its goal is to “help our residents lead happier, healthier, longer lives”. To ensure that its ambition will be attained, the Council has started to monitor a series of KPIs, in the three main areas of interest: children, old people and economy.
