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Performance and Metrics: Approach and Framework by Brian Flannery. 103_32x32_thumb

Posted in Talent, Innovation. Tagged with bioscience, biotech, blogging, metrics, strategy, sustainability, universities, wired explanation.

Mary Ellen Clark, WIRED Bio-1 and Aaron Fichter, Ph.D, Heldrich Center for Workforce Development take a look at how to measure the effectiveness of your implementation strategies.


Some of the key questions addressed include:

  1. Are you feeling any pain over the time/resources it takes to collect data and report on it?
  2. Are you confident the data you report is accurate

Bio-1 is in Central New Jersey, and comprises 5 counties and 4 workforce investment boards. Some initiatives they have focused on include: life science career campaign, career academies, residential programs, increasing bioscience workforce development with the 'Flak Jackets to Lab Coats' program to reintegrate returning vets into the workforce, enhancing linkages between education and industry via the web.


Metrics Steps:


Plan and Prepare (critical few, leverage/impact), Develop a Framework (strategy/alignment, balance, data collection), Development (Strategy ALignment,Balance, Op. Definitions), Deployment (Vertical alignment, accountability transfer), Collect and Analyze Data (Review Process, Actions, Project ID), Review Process (status, opportunities, projects), Plan and Prepare (Strategic Objectives, Development Team).


Operational Definitions:


Measure Owner: Who will report on this metric

Data Owner:  Who will collect and summarize data

Formula: How is this derived?

Benchmark/Goal: What is the target? If you have benchmarks from comparable regions include them here.



 

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