The Planning and Control cycle is in the core of every high performance organization. The P&C cycle is the tool to monitor of the progress towards achieving your objectives. It enables the organization to make direct and effective adjustments. Reports used to be extensive, but now the focus has shifted from nice-to-know to need-to-know. More information is becoming available but do you also know which information you would like to use? Focus is important, without answering this question difficulties are likely to arise when selecting relevant information steering the direction of the organization.
Bluefield supports you in setting up and improving your P&C cycle. While doing so we focus on three points. In order to be able to manage based on information, it is important that relevant information is of high quality, reliable and up-to-date. The registration of information must be in order and various information sources combined to one “single source of truth”. Before reporting can take place, it is important to determine the requirements and investigate the relationship between performance indicators and strategic objectives. The third step is to increase the insightfulness of information through the standardization of reporting sets and visualization through BI tooling.
A thorough Planning & Control Cycle prevents an abundance of complex agreements where managers see the P&C cycle more as a fill-in exercise than as a control mechanism. Additionally, this leads to clearer and more structured reports, which enables your organization to act quickly through the Deming quality circle (plan-do-check-act).