Towards a SMART prescription

Business meeting of two employees, Asian and female colleagues, discussing the project, working in a modern office, looking at a laptop screen, discussing edits, and project success

The customer

A multinational healthcare company that creates breakthrough products in diagnostics, medical devices, nutrition and branded generic pharmaceuticals. For more than 125 years, it has been making a lasting impact on health in more than 150 different countries.

  • Challenges

    • Customer service is active in 30 countries, employing more than 60 people in total. In this complex environment, it’s hard for the Heads of Customer Service to measure the performance of their teams. What’s more, some KPIs are based on actionable levers and metrics that are reported in static documents.
    • A great deal of time is spent on the question of whether the data are accurate enough. And because consolidating the data is time-consuming, it’s difficult to get a grip on which KPIs are meaningful in the light of the overall strategy.
  • Solutions

    Together, we set SMART KPIs that will enable them to choose the right tools or platforms.

    But before diving into the definition of the KPIs, it’s important to agree on the KPI framework:

    • Which KPI’s are SMART, i.e. Specific,  Measurable,  Achievable,  Relevant, and Time-phased?
    • Which KPI’s that match this definition have their rightful place on a dashboard?
    • When we link those KPIs horizontally and vertically, what does the backbone of the dashboard look like?
    • Finally, are the KPI’s MECE, i.e. Mutually Exhaustive & Collectively Exhaustive, to give a complete overview of the business?

    Together with a representative pool of experts, we defined the business rules of each KPI (calculation, data source, ownership, etc.), which are validated by the key stakeholders from the business worldwide.

  • Results

    • A set of SMART KPI’s in line with the overall strategy
    • The outline of a dashboard that is meaningful to the owners
    • Smooth adoption by the business
    • Focus on analysing pitfalls and corrective actions
    • A common and reliable basis for future tool selection

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