Perpetual Transformation | Page 18

Assure full-value realization | Finance as performance manager

Finance tracks the performance of initiatives along the value creation drivers . The understanding of cause-to-impact relations of financial & operational metrics allows to identify the most value-adding and underperforming initiatives
INITIATIVE BASELINE AND IMPACT CAUSE-AND-IMPACT LINKAGE
Value creation dashboard
Initiative 1
Initiative 2
…
Initiative n
Primary effect
Secondary effect
Growth
Margin
Cash
People
Customers
HSE
& Supplier
Operational & financial metrics
Linkage to full-value potential
Waiting Wartezeit time Movement
Bewegung
Follow-up
Nacharbeit
Over-processing Overprocessing
Delivery Lieferschäden damage
Downtimes Ausfallzeit
Waste
Ausschuss
Retooling
Umrüstung
Work Arbeitsinhalt content
Inventory Inventar
Manueller Manual error Fehler
Damages Schäden Maschinen Machine Fehler error [#]
Plant
Gesamtanlageneffektivität effectiveness OEE [%]
[#]
Processing
Durchlaufzeit times [ h ]
[ h ]
OPERATIONAL
Staff
Personal
Material
ARBEITSPLATZ-
WORKPLACE ORGANISATION ORGANIZATION
STANDARDISIERTE STANDARDIZED AUFGABEN
TASKS UNTERSTÜTZUNGS-
PROZESSE SUPPORT
ABLAUF PROCESSES UND STABILITÄT WORKFLOW AND
PRODUKTION STABILITY
PRODUCTION
TEAM- ORGANISATION
PROZESS- TEAM ÜBERWACHUNG ORGANIZATION SCHNELLUM-
RÜSTUNG PROCESS MONITORING
… …
Mitarbeiterproduktivität
Employee productivity [ min / St pc ] ]
Equipment
Equipment
Inventory Inventar
Revenue Umsatz
Cost
Kosten
Fixed assets
Kapitaleinsatz
Anlagevermögen
Working
Working capital Capital
Gross profit
Rohertrag
CAPEX
FINANCIAL
ROCE
FOUR-EYES PRINCIPLE Ensure double-checking principle via performance mgmt , create transparency and establish standards
STANDARDIZATION Consistent metrics and standard definition of operational / financial KPIs across the company
RELEVANCY Focus on metrics that measure what is critical for success and allow for effective decision-making
RELIABILITY Reporting as a single source of truth and traceability to the source to allow instant feedback
AUTOMATION Automation of reporting to enable timely decisionmaking and increase quality of reporting
Source : goetzpartners
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