Drive Metric
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METRIC POWER DRIVE NUT SETTER MASTER SET 6-14MM $29.60 Features and Benefits Impact quality power drive nut setters with a lifetime warranty 6 piece magnetic nut setters, 8mm, 10mm, 11mm, 12mm, 13mm and 14mm 6 piece hollow body nut setters, 8mm, 10mm, 11mm, 12mm, 13mm and 14mm Heat treated, cold forged-high alloy steel Comes in a plastic storage case with parts list 12 piece set includes 6 magnetic nut setters and 6 hollow body nut setters. Most com… |
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26pc 1/2 Drive Metric Impact Socket Set $150.76 Features and Benefits: Forged from high quality Chrome-Molybdenum alloy steel for long life Each impact socket features a radius corner design, causing the socket to grab the sturdy wall of the fastener instead of grabbing the corners Packaged in a durable heavy duty blow mold case for convenient storage and transport Fully Guaranteed This 26 piece 1/2″ drive metric impact socket set is designed… |
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ABC Products – 10 Piece ~ 1/4 inch Drive – Deep Well – Color-Coded – Socket Set (Most Popular – Metric Sizes). $24.66 Color coded for quick identification ~~ 10 Piece 1/4 inch drive deep well metric color coded socket Set (6 point) ~~ Made from chrome vanadium steel ~~ Sizes: 5mm, 6mm, 7mm, 8mm, 9mm, 10mm, 11mm, 12mm, 13mm and 14mm ~~ Complete with socket holder…. |
In this economic, fiscal crisis it is critical that organizations understand what drives their success and how to measure it. Performance metrics tell us how good we are at doing what we do and help us reach goals on time and on budget. But in order for them to be truly effective; they must be fully understood and properly applied.
For example, server availability is a very common measurement for IT departments. But what does 99.999% server uptime mean? If you have multiple servers running in a redundant cluster or server farm, chances are your servers will be available 100% of the time.
But what good is an email server that is up 100% of the time if the email application itself is sporadic or if a customer is not receiving all of their mail or if transactions are taking too long to process? In this example, the metric is not set up from a customer point of view, but instead from a technical point of view. And thus that metric is not fully understood and adds little value. This article discusses the different types of measurements and how to develop simple, unique metrics that drive organizational success.
A performance metric is a type of measurement used to quantify the performance of some component of an organization. There are three types of performance measures: key result indicators, performance indicators, and key performance indicators. Key result indicators (KRIs) are typically long term measures (monthly, quarterly, yearly) which represent how your organization is doing, and are the results of your organization’s actions. They are often used by executive management. Performance indicators (PIs) are the most common measurements, which are measured more frequently (weekly, daily or hourly), and often tell you what needs to be done. They are often used by middle management and staff, because they give valuable information of operations and give business unit management and staff an understanding of what actions need to be taken. Key performance indicators (KPIs) are the measures that focus on the most critical performance areas within your organization. KPIs reflect strategic value drivers and dictate the success of your organization, while metrics represent anything that is measurable. A KPI is a metric, but a metric is not always a KPI. An organization will typically have many result indicators and performance indicators, but few KPIs.
A question many people have when developing metrics is simply “How do I know what to measure?” A good place to begin is by researching industry standard metrics. Industry standard metrics are valuable measurements that are common within an industry. They allow organizations to compare their performance to other organizations with similar service offerings. While industry standard metrics are a good place to begin, every organization is different. Sometimes organizations get too focused on industry standard metrics and fail to focus on the things that make their service unique to their industry.
Other ways to know what to measure are to 1) measure what your customers say is important, 2) measure areas where there are problems you’d like to solve, and 3) measure the business objectives you are aiming to achieve.
Another effective method for creating effective metrics is the SMART test (Specific, Measurable, Actionable, Relevant, and Timely). Your metrics should be specific and assign ownership, accountability and parameters for the performance of the metric. They should be easy to measure and calculate. They should guide actionable steps to be taken if they are not met. Metrics should guide performance into the direction of the organizational mission and goals. And they should be up to date and measured on time.
A way to test if your metrics are SMART is to create a SMART table. Your first column will document the function or skill area. Next, you want to a column listing which objectives each metric supports. If the metric does not support an organizational objective it will be much less valuable and may be costly in terms of labor and focusing on the wrong things. The next column should document standards and parameters for the metrics. Other columns should document whether the metrics are agreed upon by all stakeholders, how the metric will be calculated, whether the metric is validated, realistic and easy to gather, and how often the metric will be reported? If all of these questions can be answered and documented, the metric passes the SMART test.
One major challenge organizations face is identifying valuable financial metrics that are meaningful to those responsible for carrying out the work. For example, net cash flow is a critical performance measure for executives; but it probably means very little to the accounts receivable clerk who has no idea of how their contribution improves net cash flow performance.
Instead the CEO might focus on net cash flow while the CFO looks at the debt-to-equity ratio. The controller might focus on the liquidity ratio, while the accounts receivable manager looks at days sales outstanding, and the accounts receivable clerk worries about percent of collections over 30/60/90 days. By ensuring that the proper metrics are assigned to the key people measuring and driving financial performance your organization will greatly increase its chances of achieving constant growth and success.
Get the tools to develop mission driven performance metrics and learn how to implement performance management best practices within 120 days.
About the Author
Victor Holman helps organizations reach performance goals through best practice analysis and implementation and custom enterprise performance management products and services.
To get the f-ree 75 page performance management guide ‘Lifecycle Performance Framework Fundamentals’ visit http://www.lifecycle-performance-pros.com
Contact him personally at victor.holman@lifecycle-performance-pros.com.
And, of course, ebay is a great place to find items:
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Saw .38in. Drive Sockets Metric 9 Piece Set 938M $20.95 |
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CRAFTSMAN 1/4″ DRIVE – 12 PIECE – 6 POINT- METRIC SOCKETS! BUY NOW OPTION $14.97 |
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20 pc. 3/8″ Drive Socket Set Metric Chrome Vanadium $24.99 |
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Grey Pneumatic 1/4″ Drive Standard Metric Magnetic Impact Socket – 13mm $16.00 |
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Grey Pneumatic 1/4″ Drive Standard Metric Impact Socket – 13mm $22.23 |
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Grey Pneumatic 1/4″ Drive Standard Metric Impact Socket – 15mm $22.23 |
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Grey Pneumatic 35 Piece 3/8″ Drive Standard and Deep Metric 12 Point $147.77 |
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Grey Pneumatic 1/2″ Drive Metric Deep Impact Socket – 26mm $21.22 |
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Grey Pneumatic 1/2″ Drive 12 Point Deep Metric Impact Socket – 20mm $18.52 |
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Grey Pneumatic 1/2″ Drive 12 Point Metric Impact Socket – 24mm $16.32 |
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Grey Pneumatic 1/2″ Drive 12 Point Metric Impact Socket – 32mm $18.03 |
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KD Tools 57 Piece 3/8″ Drive 12 Point SAE/Metric Socket Set $144.06 |
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KD Tools 44 Piece 3/8″ Drive 6 Point SAE/Metric Standard and Deep Impact Socket $117.27 |
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Grey Pneumatic 13 Piece 3/8″ Drive Fractional and Metric Hex Driver Impact $96.52 |
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Grey Pneumatic 1/2″ Drive Metric Universal Impact Socket – 14mm $24.07 |
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CRAFTSMAN 1/4″ DRIVE – 11 PIECE – 6 POINT- METRIC DEEP SOCKETS! $10.97 |
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Wera 003533 8100 SA 2 Zyklop Ratchet Set, 1/4″ Drive, Metric $199.99 |
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Autocraft 12 pc. Ratchet Socket Set 1/2″ Drive Metric $8.99 |
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New Craftsman Metric Regular 6 Point Sockets 1/4 Drive $15.29 |
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CRAFTSMAN 12 PIECE 1/4″ DRIVE 6 POINT METRIC SOCKET SET – LIFETIME WARRANTY ~ $8.97 |
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CRAFTSMAN 3/8″ DRIVE 15 PIECE 12 POINT METRIC SOCKET SET * $18.97 |
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CRAFTSMAN HUGE 1/2″ DRIVE 7 PIECE 12 POINT METRIC DEEP SOCKET SET – NEW ^ $13.97 |
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Autocraft 73-Piece 1/4inch and 3/8inch SAE/ Metric Drive Socket Set – AC335 $49.95 |
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CRAFTSMAN 1/4″ DRIVE 11 PIECES 6 POINT – DEEP – METRIC SOCKET SET * $12.97 |
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9Pc 3/4″ Drive Deep Air Impact Socket Set MM Metric Flank Drive Chrome Vanadium $59.49 |
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Northern Industrial Impact Sockets-1/2in Drive Deep Well 14-pc Metric Set #50447 $39.99 |
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Metric Sockets – 1/4″ Drive – ProValue – 6 Point – New!! $2.70 |
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Metric Sockets – 1/4″ Drive – ProValue – 6 Point – New!! $2.70 |
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Metric Sockets – 1/4″ Drive – ProValue – 6 Point – New!! $2.70 |
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Metric Sockets – 1/4″ Drive – ProValue – 6 Point – New!! $2.70 |
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Metric Sockets – 1/4″ Drive – ProValue – 6 Point – New!! $2.70 |
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CRAFTSMAN 3/8″ DRIVE HUGE 9pc – 6pt METRIC DEEP SOCKET SET! $14.97 |
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CRAFTSMAN 3/8″ DRIVE LARGE 17 PIECE – 6 POINT METRIC SOCKET SET – BRAND NEW! $18.97 |
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CRAFTSMAN 3/8″ DRIVE BIG 17pc – 6pt METRIC SOCKET SET * $24.97 |
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CRAFTSMAN 1/4″ DRIVE-11 PIECE-6 POINT- METRIC DEEP SET – LIFETIME GUARANTEE^ $10.97 |
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CRAFTSMAN 3/8″ DRIVE BIG 7 PIECE 6 POINT METRIC DEEP SOCKET SET * NEW * $12.97 |
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CRAFTSMAN 3/8″ DRIVE BIG 12 PIECE 12 POINT METRIC SOCKET SET! NEW! $19.97 |
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CRAFTSMAN 3/8″ DRIVE 17 PIECE 6 POINT METRIC SOCKET SET! $18.97 |
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CRAFTSMAN 3/8″ DRIVE BIG 17 PIECES 6 POINT METRIC SOCKET SET * NEW * $18.97 |
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CRAFTSMAN 9 PIECE 3/8″ DRIVE 6 POINT METRIC DEEP SOCKET SET – LIFETIME WARRANTY $14.97 |
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CRAFTSMAN 3/8″ DRIVE 12 PIECE 12 POINT METRIC SOCKET SET! $12.97 |
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Saw 7MM X .38in. Drive 6 Point Socket Metric SK7M $15.74 |
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Saw 14MM X .38in. Drive 6 Point Socket Metric SK14M $15.86 |
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Saw 18MM X .38in. Drive 6 Point Socket Metric SK18M $15.59 |
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CRAFTSMAN 3/8″ DRIVE 13 PIECE 12 POINT METRIC SOCKETS : $15.97 |
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CRAFTSMAN 3/8″ DRIVE HUGE 7pc – 6pt METRIC DEEP SOCKET SET * $13.97 |
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Snap On 3/8″ Drive Flex Head Sockets Metric 10 Piece $175.00 |
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CRAFTSMAN 3/8″ DRIVE LARGE 12 PIECE – 12 POINT METRIC SOCKET SET – BRAND NEW! $11.97 |
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CRAFTSMAN 3/8 DRIVE – 17 PIECE – 6 POINT METRIC SOCKETS – MADE IN USA : $19.97 |
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CRAFTSMAN 1/2″ DRIVE, 13 PIECE, 12 POINT METRIC SOCKET SET * $27.97 |
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CRAFTSMAN 1/2″ DRIVE 13PC. METRIC 12 POINT SOCKET SET * $27.97 |
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CRAFTSMAN 3/8″ DRIVE HUGE 15pc – 12pt METRIC SOCKET SET * $18.97 |
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New Mac Tools 1/4” Drive Metric Non-Slip Socket Set 6 point $79.99 |
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CRAFTSMAN 17 PIECE 3/8″ DRIVE 6 POINT METRIC SOCKET SET – LIFETIME WARRANTY ~ $18.97 |
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ProValue 10 Piece 3/8″ Drive SAE Metric Socket Set 6 Point $19.99 |
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ProValue 10 Piece 3/8″ Drive SAE Metric Socket Set 6 Point $19.99 |
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CRAFTSMAN BIG 1/2″ DRIVE 13 PIECE 12 POINT SOCKETS METRIC – BRAND NEW * $29.97 |
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Grey Pneumatic 26 Piece 3/8″ Drive 6 Point Standard and Deep Metric Impact $63.85 |
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Ingersoll Rand Impact Sockets-1/2in Drive Deep Well 14-pc Metric Set #SK4M14L $79.99 |
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Snap on Sockets (11) total metric Shallow 6 pt 1/4″ drive $19.99 |
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CRAFTSMAN 1/4″ DRIVE – 12 PIECE – 6 POINT- METRIC SOCKETS! $14.97 |
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16PC 1/4″ DR DRIVE BLACK IMPACT SOCKET WRENCH TOOL SET DUAL SIZE METRIC AND SAE $24.99 |
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3/4″ DR DRIVE DEEP BLACK IMPACT SOCKET WRENCH TOOL SET DUAL SIZE METRIC AND SAE $139.99 |
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15 Pc 1/2″ Drive Shallow Air Impact Socket Set MM Metric Chrome Vanadium Case HD $32.69 |
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CRAFTSMAN 3/8″ DRIVE 11 PIECE 12 PT METRIC DEEP SET ^ $18.97 |
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3/4″ DR DRIVE BLACK IMPACT SOCKET WRENCH TOOL SET DUAL SIZE METRIC AND SAE $109.99 |
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CRAFTSMAN 9 PC METRIC 6PT DEEP 3/8″ DRIVE SOCKET SET $15.00 |
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Neiko Tools 18 pc 3/8″ Drive Penta-Metric Socket Set $21.99 |
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METRIC 1/2″ SHALLOW DRIVE IMPACT SOCKET SET NEW SOCKETS $7.49 |
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BLACK IMPACT MM METRIC SIZE HEX ALLEN BIT SOCKET DRIVE TOOL SET FOR WRENCH $39.99 |
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NEW Stanley Socket Set 1/2″ Drive Deep Metric MM Lifetime Warranty $12.99 |
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Craftsman 3/8-in. drive 18 piece deep socket set 9 inch and 9 deep metric 934558 $33.99 |
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CRAFTSMAN 1/2″ DRIVE 7 PIECE 12 POINT METRIC DEEP – LIFETIME WARRANTY ^ $13.97 |
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Northern Industrial Impact Sockets-3/8in Drive 7-pc Metric Set #H01-008-0005 $29.99 |
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CRAFTSMAN BIG 3/8″ DRIVE 11 PIECE 12 PT METRIC DEEP SOCKETS – NO RESERVE ^ $18.97 |
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CORNWELL 3/8″ DRIVE 6pt METRIC SOCKETS $10.00 |
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1/4″ Drive METRIC Socket Holder Tray Rail Shallow Deep $2.05 |
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2pc 1/4″ Drive SAE & METRIC Sockets Tray Rails Holders $4.75 |
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Snap on metric 1/2″ drive, 6 point socket set $180.00 |
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3/8″ Drive METRIC Socket Holder Tray Rails Shallow Deep $3.25 |
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1/2″ Drive METRIC Socket Holder Tray Rails Shallow Deep $4.25 |
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LARGE JUMBO SIZE METRIC SAE HEX ALLEN DRIVE DR SOCKET DRIVER BIT TOOL SET KIT $39.99 |
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2pc 1/2″ Drive SAE & METRIC Sockets Tray Rails Holder $8.95 |
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2pc 3/8″ Drive SAE & METRIC Sockets Tray Rails Holder $6.90 |
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Snap On tools 11 piece 3/8 drive impact Metric deep sockets set Flank Drive mm $150.00 |
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1/2″ INCH DR DRIVE 12 POINT DEEP IMPACT METRIC MM SOCKET TOOL SET FOR WRENCH $169.99 |
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21 Piece 3/8″ Drive Professional Socket Set MM Metric By GRIP Tools-Work Ready! $25.90 |
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CRAFTSMAN 3/8″ DRIVE LARGE 17 PIECES – 6 POINT METRIC SOCKET SET – BRAND NEW * $18.97 |
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Performance Tool Metric Jumbo Sockets, 3/4″ Drive, 12 Point, New $16.99 |
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Performance Tool Metric Jumbo Sockets, 3/4″ Drive, 12 Point, New $17.99 |
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Performance Tool Metric Jumbo Sockets, 3/4″ Drive, 12 Point, New $18.99 |
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Performance Tool Metric Jumbo Sockets, 3/4″ Drive, 12 Point, New $22.99 |
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Craftsman New 64pc. 1/4″Drive SAE & Metric Laser Etched Easy To Read Socket Set $71.99 |
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Craftsman New 56pc. 3/8″ Drive Metric Laser-Etched Easy To Read Socket Set $79.99 |
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METRIC 1/2″ SHALLOW DRIVE IMPACT SOCKET SET NEW SOCKETS $18.48 |
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Craftsman New 62pc. 1/2″ Drive Metric Laser-Etched Easy to Read Socket Set $132.99 |
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Craftsman Sockets Assorted Lot of 18 Tools SK 1/4 & 3/8 Drive Metric & SAE $5.95 |
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Craftsman Hex Bit Driver Set 8 pcs Metric 1/2″ & 3/8″ Drive New on Rail $10.50 |
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CRAFTSMAN 3/8″ DRIVE LARGE 15 PIECE – 12 POINT METRIC SOCKET SET – BRAND NEW * $19.97 |
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Ingersoll Rand SK4M4L 1/2” Drive 4 Piece Impact Wrench Deep Metric Nut Socket $45.99 |
Metric – The Twist
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