Fees
₦200,000
Practice your skills and apply KPI best practices in a rigorous performance management framework
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
KPI Masterclass (Online) Version:
Thursday, April 18th through Friday, April 19th, 2024
Fee: N200,000
To register, call us now on 08096303933 or Click to chat with us on WhatsApp
ANCHORED BY:
DELIVERED BY:
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 fieldș
• 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 anal
To Register call us now on 08096303933 or Click to chat with us on WhatsApp
Day One 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 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 Two 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 visualization
• 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 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
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.
After-course
Additional reading – examine a list of resources (books, articles and videos), which will ensure a continuous learning experience.
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 in 2014 and 2015.
Catalogues
• KPI Documentation Forms;
• Dashboards;
• Scorecards;
• Graphs in Practice
Fact sheets
• What is a KPI, a KRI and Metrics;
• What is a Dashboard and a Scorecard;
• Understanding the KPI Documentation Form.
Videos
• KPI Definitions;
• KPIs in Practice;
• Terminology in Practice;
• KPI Selection Criteria.
Associate Membership on smartKPIs.com
• Available for 2 months, providing access to over 8000 KPI examples.
Venue
Online.
Accommodation
Accommodation is not covered by the attendance fee and it needs to be arranged separately by participants if need be.
Organize this training course in-house
If you have a group of five or more to train you can save time and money by running this training course in-house. Use the contact details provided below to request a customized offer from one of our training solution specialists.