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All vehicles have dashboards and those manufactured in recent years have dashboards with gauges which measure more than engine temperature, miles driven, available fuel, etc. Those within the dashboard in my wife's Honda Pilot, for example, measure tire pressure, the temperature outside, and the current percentage of oil efficiency. It also has a built-in compass. I thought about all this as I recently read Wayne Eckerson's Performance Dashboards and Jack Alexander's Performance Dashboards and Analysis for Value Creation. If viewed as vehicles, all organizations need means by which to measure, accurately, performance at all levels and in all areas of operation. Burn rate is analogous with consumption of fuel, as are the costs of replacing customers and valued employees analogous with the costs of repairs necessitated by neglect of scheduled (preventive) vehicle maintenance. Comparisons can also be made in terms of alignment and torque. The performance of organizations as well as of... read more
I've used this book repeatedly since I purchased it a couple of months ago. It is both an excellent reference source and, more importantly, a mechanism for action for all managers that contribute to a company's performance.
The dashboard concept provides easily understood and asimilated performance data for every level of management. The book provides a step by step approach that if implemented corporate wide, must increase awareness and forms the platform for sustained value creation.
The spreadsheet examples on the attached disk are easy to customize to your own situation and take all the pain out of getting started.
I have 20+ years experience as a CPA and CFO, and found this book to be compelling, comprehensive and very easy to read.
Business drivers and concepts are discussed with great substance - every angle seems to be covered - this book is wide and deep. Ideas, insights and examples ring true page after page. And best of all, Mr. Alexander has a very easy-to-read writing style that makes the most complex topics easier to comprehend.
If you are a manager who wants to increase profits, increase efficiencies and/or build a high performance culture, I highly recommend this book.
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