Description
AIP is partnering with the Office of Finance and Administration and the Data, Academic Planning and Institutional Research team to identify and measure the impact of finance and administration services at UW-Madison. AIP will work with Finance and Administration leaders to establish key performance indicators (KPIs) that reflect strategic priorities and that can be used to identify opportunities for improvement.
We will focus on the following areas to drive successful management of the expansive Finance and Administration portfolio:
- Identify Key Performance Indicators (KPIs)
- Choose a set of critical KPIs that directly align with the organization’s objectives.
- The KPIs chosen will provide a clear and quantifiable measure of success.
- Data Collection and Analysis
- Prioritize a robust data collection process that ensures accurate and reliable metrics.
- Implement effective data analysis techniques to gain valuable insights from the collected data.
- Data-Informed Decision-making
- Focus on leveraging metrics to make informed and data-driven decisions.
- Emphasize the impact of using data to support and validate strategic priorities.
- Risk Management
- Devote attention to identifying and monitoring risks within the portfolio.
- Develop metrics that help in early detection and mitigation of potential risks.
- Visualizations and Reporting
- Highlight the importance of presenting data through visualizations Best Practices and reports.
- Ensure metrics are easily understood and accessible to stakeholders.
Goals & Outcomes
- Improve the level of service provided to our partners across campus
- Relieve administrative burden from positions whose primary focus is not finance and administration-related tasks
- Increase the ease and efficiency of administrative tasks at UW-Madison
- Identify opportunities for improvement over time
Contact
For more project details, please contact Salima Currimbhoy.