What is the Unified Execution Score™?
The Unified Execution Score™ (UES) is a customizable, real-time, and actionable metric derived from the most important execution data sources along the entire asset journey. The UES provides execution intelligence - past, present and future - and is derived from the combination of two dimensions:
• Time-based factor(s) - the execution speed with which an asset progresses from the beginning to the end of the journey and within each phase.
• Performance-based factor(s) - the execution quality with which an asset progresses from the beginning to the end of the journey and within each phase.
The Unified Execution Score™ brings together siloed execution factors - time and performance - in order to visualize an accurate execution for your most important asset journey(s).
How Do You Calculate The Unified Execution Score™?
Unified Execution Score™ = Time-based factor(s) + Performance-based factor(s)
Time-based factor(s) are calculated by measuring the execution speed with which an asset progresses from beginning to end of the journey and within each phase.
Performance-based factor(s) are calculated based on achievement of high-impact moments relevant to your organization, tracked within Salesforce, Pendo, Hubspot, Totango, Gainsight, etc.
The combined factors, when added, equal a number between 0-100 that marks the speed and quality of asset progression along the journey.
How do you go about distributing the Unified Execution Score™?
The Unified Execution Score™’s 100 points are initially distributed by phases, which are assigned point totals (out of 100) based on the phase impact along the asset journey. Within each phase, the UES is then further distributed between time and performance-based factors. The distribution of the points within the UES are unique to each individual company.
For example, Veriforce, a leading supply chain management company, has seven phases for one of their journeys. In their first phase, “Intro to VF Network”, 7 out of 100 potential points are applied, of which 2 points are time-related and 5 points are performance-related.
Why is it important to track the Unified Execution Score™?
It is important to track the Unified Execution Score™ because of a simple truth: executional intelligence and efficiency drives results. With the UES, executional intelligence is no longer limited to certain departments, rather it encompasses the execution capabilities of the entire company. The UES visualizes and aids with many of the critical execution intelligence questions that empower all members of a organization, such as:
• What factors along my asset journey are (could be) creating an execution gap?
• Where am I under or over spending along the journey?
• Where are the execution gaps by phases and/or by teams along the journey?
• Where should I focus my resources for the coming quarter?
• How can I have a simple and single view of my asset execution?
• How do I unify my team and give them a clear metric to work toward?
• How do I increase my confidence in my team’s execution?
Our UES helps to answer these questions and many more….
How can I improve my Unified Execution Score™?
The Unified Execution Score™ can be boosted by improving the execution of your established time and performance-related factors. As a result, both the asset-related execution scores and the overall execution score will increase in their numerical value.
Additionally, as your team progresses through journey iterations, it will become clear how your chosen time and performance-based factors can be applied more effectively to your specific asset journey, further improving the relevancy of your Unified Execution Score™.
What is not the Unified Execution Score™?
The Unified Execution Score™ shares several value points with other metrics, but it is unequivocally different. The UES is not a Health Score, because this is a separate metric with more lagging indicators, whereas the UES relies heavily on journey status, leading indicators, key moments of execution, and value.
The UES is also not an OKR or KPI, as it is not limited to achieving objectives. We could list many measurements, many of which are important and valuable, but the reality is that the Unified Execution Score™ is unlike anything you’ve utilized in the past.
Where can I learn more about the Unified Execution Score™?
At Uniply.co! We have use cases regarding the Execution Score, as well as opportunities to meet with team members and discuss. If you’d like other resources, the Uniply blog is a great place for more information.
Why did we come up with a Unified Execution Score™?
The Unified Execution Score™ was born out of two common struggles: siloed execution insight and misaligned teams. As companies expand into multiple dimensions, add to or strengthen functional teams, or deploy functional specific tools, execution declines as performance and insight become siloed.
The Unified Execution Score™ is at the center of solving the silo issue. We designed the UES to bring together time and performance-based factors from your organization along the entire asset journey, so that all team members are aware of both the process of and necessity of effective execution.