Loading...
 
(Cached)
Refresh

Welcome to the Foundation for Excellence

Image a South African social entrepreneurship initiative founded by copyright-holder Errol Goetsch(external link) Image Errol Goetsch.pdf

Faster Forward Foundation researchWhat goes into a complete report?
TAKE THE SURVEY(external link)

How To 1 - Calculate the project's Excellence

is a balanced scorecard measure summarising financial, operational, production and strategic performance, involving money spent (economy), time spent (efficiency), goods and services delivered (effectiveness) and stakeholders satisfied (cost/benefit equity)
The foundation is a formula: X = E4
where X is Excellence and 4 E's are multiplied by each other
E1 (Economy) E2 (Efficiency) E3 (Effectiveness) E4 (Cost|Benefit Equity)

The results you get
No.TargetActualShows%Score
ExampleExample A/T
E4
11000,000995,000Economy99,5
2200250Efficiency7522.4
35,0003,000Effectiveness60
4105C/B Equity50

The numbers you need
No.Source Document KPAKPIUnit
TargetActual
1BudgetReportPaymentsMoney spent$
2WorkplanReportPerformanceTime spent$
3Delivery ScheduleReportProductsGoods/services delivered#
4ProposalReportPayoffChange achieved%

Calculate Excellence for your project(external link)

{E}

How To 2 - Calculate the project's Cost|Benefit Ratio

is the money spent per % of change achieved
The foundation is a ratio: R = C:B
where R is Ratio, C is Costs (money spent) and B is Benefits (change achieved)

The results you get
No.TargetActualRatioResult
ExampleExample A/T
C1000,000995,0001:0.995
B1051:0.5
C:B100,000:1199,000:1 1.99:1

The numbers you need
No.Source Document KPAKPIUnit
TargetActual
1BudgetReportPaymentsMoney spent$
4ProposalReportPayoffChange achieved%

Calculate Cost/Benefit Ratio for your project(external link)

{E}

How To 3 - Calculate the project's Capacity

is the ability to produce the full set of deliverables
The foundation is a formula: w = P/c
where w is the ability to work, P is the number of productive assets and c is a management constant, 10

The results you get
No.TargetActualResult
ExampleA/T
1R&D0
2HR1
3Finance1
4Marketing0
5Facilities0.5
6Procurement0.2
7Production0.5
8Risk0
9Information0.2
10Strategy0.23.6/10

The organogram you check
No.QuestionKPAKPITestUnitDocument
TargetActual
1HowR&DPlansSWOTs produced#Policies
2Who withHRPerformanceWork done#Organogram
3What withFinancePaymentsMoney spent$Receipts
4What forMarketingPayersResources attracted$Invoices
5Where happenFacilitiesPlacesPremises usedm2Deeds
6What fromProcurementPowerAsset value$Asset Register
7When deliverProductionProductsGoods & Services delivered#$Delivery notes
8What if)RiskProgressRisks mitigated#Risk analysis
9What happenInformationProofEvents documented#Reports
10WhyStrategyPayoffsChange achieved%Stakeholder Survey

Calculate Capacity for your project(external link)

{E}

Live Support

image
Show php error messages