MPERS uses an oversight tool, Vital Signs, to enhance the Board of Trustees’ insight into the System’s performance. Much like the vital signs used to assess personal health, MPERS’ Vital Signs offer a focused, at-a-glance view of how the organization is functioning.
Why Vital Signs?
MPERS has always tracked a wide range of performance metrics. However, the volume and complexity of this data often made it difficult to identify what truly mattered. To address this, the Board adopted a more streamlined approach—focusing on the most critical indicators of organizational health.
How It Works
Each Vital Sign represents a key function of MPERS. These indicators are:
- Reviewed annually by the Board of Trustees
- Audited externally to ensure accuracy and reliability
- Color-coded using a familiar stoplight model:
- Green – Performance is as expected or good
- Yellow – Cautionary or needs attention
- Red – Performance is below expectations
Some Vital Signs are pass/fail, while others fall within a range of outcomes. This visual system helps the Board quickly identify areas that need review or improvement.
Dynamic Dashboard with Historical Trends
MPERS’ Vital Signs dashboard is designed to provide insights and track historical performance trends. It allows stakeholders to:
- Monitor year-over-year changes
- Identify recurring issues or improvements
- Quickly assess whether performance is aligning with expectations
This tool enhances transparency and supports the Board’s commitment to effective oversight.
Oversight and Accountability
Vital Signs are more than just data, they represent a commitment to transparency and responsible governance. By focusing on what matters most, the Board ensures MPERS continues to meet its mission effectively.
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