Scenario: Your CFO has said you need to save $2MM this year. How do you make it happen?
If you have a large organization with many department contributors and have tried doing this with excel spreadsheets, shared drives, and emails you know that this is a frustrating experience. It can be difficult to make sure you have the current version of the file, and that everyone isn’t making their own formats for providing the information. 100s of hours can be spent compiling the data, organizing the formatting and preparing it for business reviews.
2. Break it Down
Take your BIG goal and break it down into manageable chunks, and assign ownership responsibility. Allocate the overall cost savings targets to specific departments.
Prioritize ideas with Effort vs Impact analysis. Schedule a regular meeting with your team to review and prioritize ideas. Fore each idea give it a rating for effort vs impact and your prioritization exercise will be much easier.
KPI Fire’s Idea Funnel helps you organize and select the best ideas to turn into projects. KPI Fire also keeps team members in the loop with an alert or email if they miss the meeting.
KPI Fire is the most effective and intuitive Lean Six Sigma program management software on the market. We are trusted by many great companies with world class Lean/Six Sigma programs.
Lean Six Sigma Software
KPI Fire is lean program management software that can help your organization better execute strategic plans and priorities.