Visual Control Systems Connected to the Real World!
11/06/2019
Wouldn’t it be refreshing if the Visual Control Systems we use to run our businesses were as simple as that in the picture above!
Obviously businesses are a little more complex than driving a truck on a straight road in the US, but we do come across the most elaborate schematics that are supposed to be used to drive businesses.
Although a certain prowess in use of graphics is demonstrated, some key questions leap out:
· Purpose: How do these more elaborate dashboards relate to the key Purpose or Leaders’ intent of the Organisation or Unit to which they refer?
· Line of sight: How does the Executive have any line of sight to the Front-line to be sure they’re executing the Leaders’ intent?
· Value of my contribution: How can people at the Front-line be sure that what they are doing supports or drives forward the Leaders’ intent?
· (Right) Data Driven: How can Executives and Managers out to the Front-line be sure that what they see is a true representation of the underlying data, and that the right data is being used?
· Predicted Future Direction: How does the Visual Control System help in predicting Business Performance going forward.
Canterbury District Health System has built a Visual Control System that they believe addresses each of these points both succinctly and clearly:
And, just to be clear, in the video, you’ll see charts like this one below, where the dashed lines going forward from the latest month’s data in February 2019, predict the volume of demand ahead for the next 12 months.
Perhaps a bit more useful than any-which-way-you can dashboards, although below you can see what happens if you ignore even the most simple of Visual Controls:
Thanks for reading …
Categories & Tags:
Leave a comment on this post:
You might also like…
Finding Financial Times articles in Factiva
If you are looking for Financial Times articles, look no further than Factiva! But be aware, there is a one-month embargo on content which means the most recent month is unavailable online. If you really need ...
Finding brokers’ and analysts’ reports
If you are researching a company’s performance over time or analysing the impact of a corporate transaction, valuable information can be sourced from analysts’ reports. What are analysts' reports and why might I need them? ...
Library services over the Christmas period
Kings Norton Library and our School of Management Library will be open 24/7 throughout the holiday period as a study space. Library staff will work until 6pm on Friday 20 December and will resume their normal ...
Where can I find… Company financial ratios?
Financial ratios are often used to measure the performance of a company. These can be found 'ready-made' in several of our finance resources. Company ratios can be categorised into different types: Profitability ratios - e.g. ...
How does Cranfield prepare me to be a Systems Engineer?
What is a systems engineer? ‘Systems engineering’ is not something that most people would think of when looking at how workplace cohesiveness is maintained, but in the last 30 years it has become an integral ...
Looking for case studies?
Case studies are used in many business schools to study real-life business and management scenarios. They can be particularly successful in generating discussion and debate around business themes. In the SOM Library, we are often ...
Love these David, thank you. Please do mail me if you’re happy to continue to do so, I really welcome the insight.
Chris