Key Performance Indicators
Overview
Key Performance Indicators (KPIs) are vital signs of a company’s performance. They help to measure the company’s progress towards achieving its business goals. In the past, KPIs were commonly used in measuring the progress and success of business activities and strategies. However, in recent years, more and more organizations have incorporated KPIs into staff performance management system to enable their staff to give their best towards the success of the organization.
Course Objectives
In this one day workshop, participants will learn about:
- The three levels of KPIs
- How to translate Company and functional KPIs into individual KPIs
- The cascading effect of applying KPIs throughout the organization
- Using SMART principle in setting individual KPIs
Course Outline
The workshop content is as follows:
- Overview of KPIs
- KPI Dashboard
- The different types of KPIs
- The Stages in Translating Company and Functional KPIs into Individual KPIs
- KPIs Setting and Agreement
- Linking KPIs to incentive schemes
- Measuring KPIs in appraisal forms
Methodology
To anchor the learning and winning behaviour, the workshop incorporates:
- Applicable industry examples
- Interactive group discussions and activities
- KPIs setting exercise
Who Should Attend
Business and Functional Managers, Officers and Executives who deal with corporate performance, performance management, organization development, HR, productivity and quality matters in their organizations