We find that a selection of impactful metrics that help staff understand and engage with how well their operation is running in real time has a marked advantage over waiting for any financial numbers to be revealed on a less frequent basis
While every organisation tracks standard financial metrics there are other numbers that can provide deeper insight into your business's operational health. Things like the amount of effort staff spend on adding tangible value to the business versus firefighting issues as they arise, or how consistently processes are followed across different shifts and team members. These operational metrics often reveal problems, before they show up in your financial results. What makes these numbers so valuable is that they measure your capability rather than just your output. They show whether you're set up to sustain and grow your performance, not just whether you're busy today. Our work in Community Pharmacy often reveals a low focus on these types of operational metrics, leading to efficiency blind spots and missed opportunities, something that will eventually catch up with any business. What "operational health metrics" do you regularly monitor in your organisation? Have you discovered any particularly insightful indicators that aren't part of the standard reports? #OperationalExcellence #HealthcareInsights #PerformanceTracking #EfficiencyMatters #FinancialHealth #ValueAddingActivities #DataDrivenDecisions #ContinuousImprovement Adele West-CurranJohnathon WaplesJason SimmsRoger Kay