Getting Key Performance Indicators right by using a rigorous KPI measurement framework.
Key business benefits:
Improve the performance of your company by practicing a sound framework for KPI measurement; Obtain better business results by selecting the right KPIs to monitor for your company; Generate value from using KPIs by optimizing the data collection process.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.
KPI selection and data gathering are considered by professionals all around the world to be the most challenging aspects in working with KPIs. A way to address these challenges is to build a sound framework to measure KPIs, starting from the moment they are selected, until results are collected to be centralized in performance reports. This training course presents a rigorous KPI Measurement Framework that embeds 10 years of research in the field of key performance indicators and relies on best practices identified in the real business environment.
Course overview
♦ Expected Participants’ profile
-
Professionals interested in measuring performance
-
Top/middle/lower management professionals
-
Performance measurement experts
♦ Benefits
- Support decision-making by accessing relevant performance data;
- Use pre-populated tools to facilitate the implementation of a KPI Measurement Framework in your organization by receiving 10+ templates used in working with KPIs;
- Access an innovative learning experience based on a 3 stage educational process;
- Expand your business network by becoming a member of the international Certified KPI Professionals Community.
♦ Learning objectives
- Differentiate between objectives, KPIs and initiatives;
- Understand KPI selection in different contexts;
- Apply best practice techniques to KPI selection;
- Document KPIs in a standardized template;
- Learn when and how to use benchmarking in target setting;
- Optimize the KPI activation and data-gathering process.
Learning experience
♦ Pre-course
This part of the learning experience is meant to ensure a smooth transition to the face to face training. Participants are required to take the following steps:- Needs assessment – complete a questionnaire to determine a tailored and relevant learning experience;
- Pre-course evaluation quiz – take a short quiz to establish the current level of knowledge;
- Guidance and schedule – analyze a document presenting guidelines on how to maximize your learning experience;
- Forum introduction – share an introduction message to present yourself to the other course participants and share your expectations;
- Pre-requisite reading – go through a series of documents to better understand the core-course content;
- Expectations – share your expectations regarding the training course;
♦ Core-course
During the three 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 simple matching of concepts to extensive analysis 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 and creating a network of KPI Professionals;
- Constantly evaluating the participants’ knowledge, through short quizzes to support the certification exam.
♦ After-course
The learning process is not finalized when the core course ends. Participants are required to take the following steps:- Forum discussions – initiate a discussion and contribute to a discussion opened by another participant;
- Action plan – create a plan for the actions and initiatives you intend to implement after the training course;
- Performance Improvement Essentials – watch a 45 minutes webinar presenting the KPI measurement as part of a system that ensures performance improvements and achievement of objectives;
- In-house presentation – create and submit a short PowerPoint presentation to present to your colleagues the knowledge you have accessed during the training course;
- Additional reading – go through a series of resources to expand your content-related knowledge;
- Learning journal – reflect upon your 3 stages of learning experience and complete a journal.
♦ Evaluation
The certification process is finalized only when you complete all the 3 stages of the learning experience. Nonetheless, you will receive a:- Certificate of Attendance (hard copy): after participating in the 3 days of on-site training course;
- Certificate of Completion (soft copy): after completing pre-course activities and passing the Certification Exam;
- Certified KPI Professional diploma (hard copy): after you have successfully completed all of the 3 stages of the learning experience.
