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7 Quick Tips for a Key Performance Indicator (KPI) Strategy - Free KPI Resources

Posted by Christopher Howell on Jun 21, 2016 6:00:00 AM Find me on:

Realizing Value from Key Performance Indicators

Tips For Aviation SMS KPIs - Key Performance Indicators for aviation safety management systems

KPIs allow managers to focus on activites that are important to your airline or airport. Understandably, many of these activities may also be important to your civil aviation authority.

Safety managers today are expected to come up with a list of their company's KPIs, and to track them religiously.

Aviation key performance indicators may be seen as the "canary in the mine." When the canary dies, there is something wrong with the system and action is required by diligent management personnel.

Below are some guidelines for managing KPIs effectively at your airline or airport. Most are common sense, but definitely worth a quick review.

KPIs Best Practices Quiz

Setting Up an Effective KPI Strategy

There may be no correct way to establish your KPI strategy, but the following guidelines are worth reviewing.

Some common thoughts to consider are:

1. Understand corporate direction and corporate values

  • Is the company profit driven, or employee focused?

2. Learn what matters to upper management

  • What are their goals and how do they measure them?

3. How can your safety team contribute to corporate success

  • Bolster morale or focus on key values via safety promotion activities

4. Align aviation safety goals around established KPIs

  • Set measurable goals and display for all employees to see progress

5. Update KPI goals and objectives on regular basis

6. Don't be afraid to change KPIs when they become meaningless

  • Allow users to offer feedback and accept suggestions for other KPIs

7. Keep practicing and refining your KPIs

  • Operational and economic environments change, as should your KPIs

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What's Important for Effective KPI Strategies

KPIs should never intimidate safety managers.

If you don't have a modern aviation SMS database tool to manage your KPIs, it will certainly pay off as you start tracking KPIs and generating meaningful reports to management.

Without a modern aviation SMS database program, you may create your reports, but you won't be excited about creating them the second time. Good aviation SMS tools easily pay for themselves in the time and energy required to manage and track your KPIs. In short, tracking KPIs without a database program is certainly not sustainable in the long run.

Below are some KPI checklists you may find useful for comparing against your KPIs.


Download KPIs for Airlines

Download KPIs for Airports

This article was published originally in June 2015. It has been refreshed and reformatted.

Topics: Key Performance Indicators

Site content provided by Northwest Data Solutions is meant for informational purposes only. Opinions presented here are not provided by any civil aviation authority or standards body.

 

 

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