Key Performance Indicator (KPI) Masterclass

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  • Customer :Leaders at any level
  • Category :Performance Management
  • Date :2 Days - Online/In-Person (Bespoke)
  • Status :Deployable On Clients Demand
  • Live demo :Call us on 08096303933
  • Tags :Performance Management

Case Description

Practice your skills and apply KPI best practices in a rigorous performance management framework

Overview

The Key Performance Indicators Masterclass provides participants with an in-depth synthesis of crucial performance management trends and practices. It focuses on the essential tools and techniques that must be implemented for a successful performance management architecture

To register, call us now on 08096303933 or click to chat with us on WhatsApp

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Assessment

The Learning Assessment Quiz will take place at the end of the second day of training

Benefits

As an Individual

• Develop an effective KPI Performance Management Architecture by accessing international best practices in the field
• Adopt a rigorous approach by getting updated with the latest trends in working with KPIs
• Improve your performance measurement efficiency by practising a variety of techniques to ensure the best KPI selection process
• Work with specific tools that will help you implement a KPI management framework by receiving 10 templates used in working with KPIs
• Access an innovative learning experience based on a 3-stage educational process

As an organization

• Improve the performance of your company by applying the latest trend methodologies in the fields.

• Improve your decision-making process by appropriately using performance management tools.

• Obtain better organizational results by practising and developing your skills in working with KPIs

Learning Objectives

• Apply best practice techniques for KPI selection;

• Identify solutions for overcoming the main challenges in setting targets;

• Structure the data-gathering process;

• Perform an in-depth KPI results analysis

DAY 1 AGENDA

Session 1: Understanding KPIs
Activity: KPIs and Balanced Scorecard
• Understanding performance management tools
• From metrics, KPIs, Kris and predictive analytics
• The role and value-added by KPIs
• KPI naming standards
• KPI typology

(leading/ lagging/ input/ process/ output/ outcome)
Activity: Value flow analysis as a KPI selection technique

Session 2: Making the right KPI selection
Activity: The importance of objectives in KPI selection
• KPI implementation project planning
• KPI selection techniques
• KPI selection criteria
• KPI balancing
• KPI selection workshop
Activity: KPI clustering

Session 3: KPIs in context
Practical Exercise: Cascading objectives and KPIs to the employee level
• Organizational, operational and employee KPIs
• KPIs as part of process management
• KPIs for Service Level Agreements
• KPIs for Supplier Performance
Activity: KPIs architecture

Session 4: Group Activity KPI selection in given contexts
• KPI selection in functional areas
• KPI selection in industries
• KPIs for the timeliness
• KPIs for quality
• KPIs for effectiveness

DAY 2 AGENDA

Session 5: KPI documentation and target setting
Activity: Target setting in practice
• Functions and design of KPI documentation form
• Developing organizational KPI libraries
• Approaches to target setting
Activity: Negative behaviours associated with linking bonuses to targets

Session 6: KPI Data Gathering
Activity: Software and hardware
• Consistency in data quality and KPI measurement
• Best practice in the measurement of KPI
• The KPI data-gathering process • KPI data source taxonomy
• KPI activation tools and techniques
Activity: Evaluation of performance measurement capability and maturity

Session 7: Data visualisation From scorecard to dashboard design
Activity: Best practices in data visualisation
• The role of scorecards, dashboards and healthograms
• Rules for relevant performance reports, scorecards and dashboards
• Graphs selection
• Usability in terms of visual design
Activity: Scorecard and dashboard

Review and Assessment Quiz]
• Course review
• Learning outcomes
• Learning Assessment Quiz

To register, call us now on 08096303933 or click to chat with us on WhatsApp

Over the last few years, the team at The KPI Institute:

• Documented 8,000+ KPIs from 16 functional areas and 25 industries;

• Reviewed 1,000+ performance reports from 125 countries;

• Referenced 30,000+ resources as part of the documentation process

Participants’ Profile

Professionals interested in performance management

Professionals from different fields, such as finance, human resources, production, logistics, information technology and others, interested in Key Performance Indicators, will acquire the competencies needed to develop a KPI Performance Management Architecture for their department or organization.

Top/middle/lower management professionals

Executives or operational managers, regardless of their field of expertise, will gain the ability and knowledge to manage performance in an integrated manner. The tools and resources offered as part of this training course enable managers to apply the concepts learned within their organizations, immediately after the course

Performance management experts

Professionals such as Data Analysts, Strategy Managers, Performance Management Officers or Performance Architects can learn how to better integrate the performance management system within their organizations and how to achieve consistency by cascading objectives and KPIs to departmental and individual levels.

Learning Experience

Pre-course

• This part of the learning experience is meant to ensure a smooth transition to the face-to-face training. You are highly encouraged to take the following steps:

Additional reading – examine a list of resources (books, articles and videos), which will ensure a continuous learning experience.

Introduction – share an introduction message to present yourself to the other participants in an online group;

Pre-course evaluation – fill in the need analysis, take a short quiz to establish the current level of knowledge and share your expectations. As a part of this self-evaluation, you can establish personal learning objectives for this training.

Reading in advance – go through several materials, including topics such as the history of performance management, management theories, and review KPIs definitions before the core course, in order to gain a more holistic view of the subject

After-course

Additional reading – examine a list of resources (books, articles and videos), which will ensure a continuous learning experience.

Core course

During the two days of face-to-face training, the course is designed to facilitate experiential learning and ensure a high level of interactivity. Exercises used to enhance the development of competencies range from the simple matching of concepts to extensive analyses of case studies. The learning experience consists in:

• Applying concepts in practical exercises;

• Analyzing case studies and identifying solutions;

• Using templates to develop performance measurement instruments;

• Sharing experiences and best practices;

• Assessing learning results through a final evaluation test.

Evaluation

The Learning Assessment Quiz will take place at the end of the second day of training

Educational Resources

Course materials

• The KPI Infographic.

The qualitative reports

• Performance Management of recent years.

Catalogues

• KPI Documentation Forms;

• Dashboards;

• Scorecards;

• Graphs in Practice

Fact sheets

• What are a KPI, a KRI and Metrics?

• What are a Dashboard and a Scorecard?

• Understanding the KPI Documentation Form.

Videos

• KPI Definitions;

• KPIs in Practice;

• Terminology in Practice;

• KPI Selection Criteria.

To register, call us now on 08096303933 or click to chat with us on WhatsApp

Contact us for the KPI Masterclass

    • Address : First Floor, Front Wing, No. 19 Town Planning Way, Airtel Bus Stop, Ilupeju Anthony, Lagos.
    • Phone : +234 809 630 3933 and +234 809 087 3207
    • Email : ask@pausefactory.org

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