
Fundamentals of Reliability Goals
podcast episode with speaker Fred Schenkelberg
Goals, objectives, milestones, targets, whatever you call them, just have a clear one. Setting a reliability goal is easy. Get a few people together for a short discussion and in less then 10 minutes you can craft a meaningful reliability goal.
Let’s explore the elements that make up a reliability goal. Plus, the range of inputs you can use to define each element. Plus, some best practices when establishing goals.
Finally, simply setting a goal adds value to your organization – if it is a complete and practical goal. Estimating or measuring that value can be tricky, so let’s discuss a few ways you may quantify the value of a goal.