Improvements through Data

www.optimumfx.com

Intent of session

• Understand a ‘success formula’ to getting results with data

• Provide you with a consistent way of getting results that can be applied to any metric

• Understand how this formula can be applied to any situation to drive improvement

• Get a better understanding how the ‘inputs’ to taking action have an effect on the results achieved

OptimumFX Success Formula

Information Focus Action Results

• Accurate• Consistent• Visual

• Management routines

• Leadership buy-in• Effective decision-

making

• Targeted activity• Pro-active

improvement• Forward-focused

• Step change • Continuous

improvement• Sustainable benefits

(Information x Focus) x Action = Results • Inaccurate information = poor results

• Inadequate focus = poor result

• Low no. of decisions / actions = poor results

MANAGE AND MEASURE THE INPUTS AND THE RESULTS ARE GUARANTEED

Felt Need / Culture

Knowledge & Skills

x xInformation Focus Effective Action Results

Why Each Element is Vital

With Without

Information Laser-guided Shooting in the Dark

Focus Real-time knowledge Target has moved, new targets

Actions Taking right action No change, get worse

(Information x Focus) x Action = Results