Lead & Lag Indicators: How OpenStrategies PRUB-thinking can help

The idea of Leading and Lagging Indicators was highlighted when Kaplan and Norton first described the Balanced Scorecard. Since then, many organisations have recognised the need to identify not only a balanced set of objectives and measurements, but also an appropriate mix of Lead and Lag measurements (Indicators). Simplistically, Leading Indicators should give you an early warning, or forecast, of what’s likely to happen in the future and Lagging Indicators will enable you to evaluate performance after the event.

We have been impressed with the simplicity and power of OpenStrategies’ approach to strategic planning and their under-pinning PRUB-thinking. The approach is particularly relevant to multi-agency planning situations such as exist in criminal justice, healthcare and local authority settings. We think it can also be used to help develop a balanced set of Leading and Lagging Indicators.

Download the full article PRUB Lead-Lag.

Read more articles about our approach to Performance Management.

 

Our Project Management Capabilities

We have summarised below some examples of the types of support we provide in the area of Project Management.

Our Project Management Capabilities

 

Developing PM Capability:

• Designing scalable PM lifecycle models (based on PRINCE2 or otherwise), with supporting tools and techniques (including delivery “toolkits”)

• Delivering PM skills workshops to support existing (or newly created) PM approaches (almost always using “experiential” workshops where people learn the skills by working on their own, real, live projects)

• Designing and facilitating workshops for deployment of PM “best practices” (by helping project teams identify how those practices can/should be applied to their own projects)

 

 

Delivering on projects:

• Providing project management support to line managers, to help them define and scope projects

• Facilitating projects to ensure they stay on track and achieve the necessary momentum

• Coaching line managers who are in PM roles, to enable them to drive their own projects

Information & Reporting:

• Establishing proportionate governance and reporting systems to enable programmes and projects to report progress and to give senior managers confidence in what each project is achieving

• Coaching project office staff to develop reporting systems

• Coaching project office staff to help them provide facilitation support to project managers and teams

Reviewing and Improving PM:

• Working with Programme/Project Office teams to develop approaches to help the organisation develop more effective PM capabilities (e.g. through a balance of communications, education, learning events, facilitation, coaching and “pilot” projects)

Our consultants’ experience has included work in the following sectors:

• Government Agencies/Public Bodies (e.g. DoH, IIP(UK), Food Standards Agency, YJB)

• Media (e.g. BBC)

• Facilities Management/Construction (e.g. BAA, Amey)

• Manufacturing (e.g. Leaderflush Shapland, SP Systems)

For more information on our approach to Project Management and free articles to download, visit oor Project Management page.

Innovation Process Workshops

Engaging an organisation in the process of innovation and improvement

We’re running a series of workshops in conjunction with our partner TalkFreely.

Workshop objective

To enable you to identify practical ways to engage your organisation’s people in the process of innovation that deliver real business benefits.

Workshop overview

The workshop will cover the following subject areas:

- Why creativity and innovation are different (and why you don’t just need creativity!)

- Why organisations typically struggle to engage staff in innovation and how to overcome the barriers

- The key steps required to implement a successful innovation process

- How to adopt a structured, managed, process to deliver real benefits through innovation

- The five things senior managers need to ensure are in place for change through innovation to succeed

- The benefits being achieved by organisations who are serious about innovation

Dates -

3rd December – London, 12th January – Birmingham, 11th Febraury – Leeds

Timings – Starts at 09.30 and finishes at 16:30. Buffet lunch and tea / coffee provided.

Cost – £195 per delegate

Note – If you would like to run an in-house workshop, please contact us.

You can register your interest online here.