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Management Key Performance Indicators (KPI)

Management Key Performance Indicators (KPI)
Summary

Public and private sector organizations alike are increasingly engaged in adopting the Key Performance Indicators (KPIs) mechanism for monitoring and measuring their employees’ performance levels. Line managers - now more than ever - are conscious of the need for establishing quantifiable performance measures (KPIs) to continuously monitor and measure the progress and accomplishment on defined employee objectives. This ultimately helps the organization foster a performance culture that promotes consistency and objectivity, and hence fairness and credibility throughout the performance management process.

Employee KPIs are instrumental in the strategic planning process to ensure alignment of employee objectives and KPIs with the department’s objectives and KPIs. Thus, employee KPIs can help improve the execution of the overall organizational strategy.

Additionally, the micro-level analysis of output of the employee’s targets provides clear feedback for the management and hence improves the quality of decision making at the department as well as the organizational levels. This intensive training programe will provide both managers and employees with the knowledge, skills and best practice techniques for developing, deploying and managing KPIs and setting targets at the employee’s level.

This 3-days B. Khebra’s training program will allow participants to gain a comprehensive overview and technical background of the KPI mechanism and tools, specifying the types of employees KPIs and their various uses in measuring the progress achieved on individual objectives. They will learn how to recognize good and meaningful KPIs and how to maintain a balanced measurement approach across cost, quality and timeliness or other strategic core categories. They will have the opportunity to practice using tools for monitoring KPI thresholds throughout the performance year: actual vs. planned, including final interpretation of the employee’s end-of-year performance appraisal ratings.


Reference
Key Performance Indicators

Objective

Upon successful completion of this course, the delegates will be able to:

  • Analyze strategic organizational alignment for goals cascading

  • Develop SMART employee objectives (strategic, operational and developmental)

  • Apply best practice techniques in developing KPIs

  • Identify Leading vs. Lagging KPIs, Qualitative vs. Quantitative KPIs, and Efficiency vs. Effectiveness KPIs

  • Allocate relevant and balanced KPIs for each objective

  • Set individual targets based on appropriate benchmarking approach


Who should attend

  • Line managers, regardless of their field of expertise, interested in measuring employee performance by using KPIs will find great value in having a structured approach to the implementation of a KPI mechanism, as well as best practice in the field

  • HR professionals, such as HR Consultants, HR Managers or HR Associates will have exposure to a rigorous approach of developing, deploying and managing KPIs for individual performance management

  • Corporate professionals from Strategic Planning, Quality Assurance and Business Process Improvement disciplines (who are involved in such a project) will gain the knowledge required in order to understand the steps to be followed in the implementation process of their projects

  • Entrepreneurs, analysts and professionals from any field, interested in measuring employee performance, will acquire the knowledge needed to understand how productivity is impacted when appropriate measurement methods are used and how that could help them improve the employee engagement levels within their companies


Additional Information
N/A
Management Key Performance Indicators (KPI)
  • Understanding the strategic alignment and cascade
  • Vision, mission and strategic goals
  • Strategy articulation map
  • Measuring organizational performance
  • Business Balanced Scorecards
  • What is employee performance management?
  • Performance appraisal vs. performance management
  • Performance management cycle, roles, tools and techniques
  • Performance management: process and outputs
  • Performance management: key components (objectives and competencies)
  • Goals vs. objectives
  • Cascading organizational goals to departmental and individual levels
  • Objective setting methodology and criteria
  • Developing SMART objectives for employees
  • Types of employee objectives: strategic, operational and developmental
  • What are competencies?
  • Types of competencies
  • Using competencies in performance management
  • Understanding competency levels
  • Measuring behavioral competencies
  • Performance measurement vs. performance management
  • Purpose of using KPIs
  • Process for setting up KPIs
  • Characteristics of good KPIs
  • Quality of KPIs
  • KPI selection sources
  • KPIs by industries
  • KPIs by functional areas
  • Organizational, departmental and individual KPIs
  • KPI related terminology
  • Leading vs. lagging KPIs
  • Qualitative vs. quantitative KPIs
  • Efficiency vs. effectiveness KPIs
  • Process KPIs; input, process, output and outcome/impact metrics
  • KPI data gathering process
  • Standardized KPI definition sheets
  • Data collection forms
  • How to improve your KPIs
  • KPI life cycle
  • Purpose of setting targets
  • Process for setting targets
  • Target setting criteria
  • Stretching targets
  • Beware of 100%
  • Popular methodologies to express thresholds
  • Monitoring progress using KPI mechanisms
  • The traffic lights system
  • Challenges in working with targets
  • Target setting sources
  • Target setting approaches (top-down vs. bottom-up)
  • The value gap and setting targets
  • SMART targets
BK Instructor
BK Instructor
Instructor
  • BK Management Team believe that learning is not only about acquiring technical skills, it is also about learning behaviors & Competencies that are desirable for work in plant operation & maintenance critical dimensions. Our holistic teaching develops our delegates' personal effectiveness to function both as an individual and as a team player. The course delivery & modes of instruction will incorporate theory , practical skills and Q&A sessions. 
  • To enhance learning outcomes, theory sessions will comprise classroom based lecture that will intersperse with interactive discussions, scenario-based, case-study, group exercises, video clips, power point slides, learners' Guide and the application of various tools which will be provided to help in the delegates and participants of the learning’s objectives. With successful implementation of the learnt skills they are bound to enhance Individual & Organizational growth.
  • For online / Interactive Virtual sessions, Delegate should have a stable & good Internet connection on his Laptop.

On successful completion of this training course, BK’s Certificate with eligible Continuing Professional Education credits (CPE), will be awarded to the delegates , one CPE credit is granted per 50 minutes of attendance.

Course Features

  • Core : Training
  • Category : Quality
  • Days : 3
  • Duaration : 20 Hours