Kpi for Shipping
Shipping KPI Project
Past, present and future
Today's topic
• Shipping KPI Project Goals • Shipping KPI Project Methodology • Shipping KPI Project Achievements
Current industry situation
• Too many different indicators (KPIs)
• Comparison of performance between companies is difficult due to lack of standardization
• Difficult to mobilize organizational focus on quality improvement • Additional manpower required to present the same information in many different ways
(onboard, in office and to externals)
• Emerging new reporting requirements
(On environmental performance & Corporate Social Responsibility (CSR))
The KPI Project objectives
Develop tools to measure company and vessel performance and get these recognized as “the Standard of the Industry” In order to: • boost performance improvements internally • provide an efficient communication platform about ship operation performance information to internal and external stakeholders through increased transparency
The project
Norwegian Research Council
Project Responsible Wilh. Wilhelmsen ASA
Project Partner MARINTEK
Project Partner InterManager Shipping Shipping Companies Shipping Companies Shipping Companies Companies
InterManager members
Stakeholders
Trade Organisation Regulators e.g. IMO EU DG-TREN Labour Organisations Insurance and many more
Shipping KPI Phase 1 & 2 - Content
2006-2008 2009-2011
Shipping KPI Phase 1
Shipping KPI Phase 2
KPI definitions
Validation of Shipping KPI Standard
Increased transparency of performance to external stakeholders
Aggregation principles and SPI definitions
Develop communication models for performance information
Internal improvements and performance management processes
KPI depository and awareness in industry
Develop tools for benchmarking
Developments towards “process output” regulations
Shipping KPI Phase 2 WG Participants
Bernhard Schulte Shipmanagement Columbia Shipmanagement
Past, present and future
Today's topic
• Shipping KPI Project Goals • Shipping KPI Project Methodology • Shipping KPI Project Achievements
Current industry situation
• Too many different indicators (KPIs)
• Comparison of performance between companies is difficult due to lack of standardization
• Difficult to mobilize organizational focus on quality improvement • Additional manpower required to present the same information in many different ways
(onboard, in office and to externals)
• Emerging new reporting requirements
(On environmental performance & Corporate Social Responsibility (CSR))
The KPI Project objectives
Develop tools to measure company and vessel performance and get these recognized as “the Standard of the Industry” In order to: • boost performance improvements internally • provide an efficient communication platform about ship operation performance information to internal and external stakeholders through increased transparency
The project
Norwegian Research Council
Project Responsible Wilh. Wilhelmsen ASA
Project Partner MARINTEK
Project Partner InterManager Shipping Shipping Companies Shipping Companies Shipping Companies Companies
InterManager members
Stakeholders
Trade Organisation Regulators e.g. IMO EU DG-TREN Labour Organisations Insurance and many more
Shipping KPI Phase 1 & 2 - Content
2006-2008 2009-2011
Shipping KPI Phase 1
Shipping KPI Phase 2
KPI definitions
Validation of Shipping KPI Standard
Increased transparency of performance to external stakeholders
Aggregation principles and SPI definitions
Develop communication models for performance information
Internal improvements and performance management processes
KPI depository and awareness in industry
Develop tools for benchmarking
Developments towards “process output” regulations
Shipping KPI Phase 2 WG Participants
Bernhard Schulte Shipmanagement Columbia Shipmanagement