The British Academy for Training and Development offers a comprehensive Key Performance Indicators (KPIs) Training Course. The professional capability to define, design, implement, and manage performance metrics, aligned with strategic business objectives. This course presents the in-depth importance of knowing KPIs in performance management that should guide attendees on achieving the success of an organisation by measurable results. How it defines and characterises KPIs, how it differs from other performance measures, and why it is important to select the correct ones will be discussed.
Attendees learn how to develop KPIs, including the process of setting a clear goal for linking it to a business strategy, and the inclusion of stakeholders in the key development journey. It further delves into the criteria for selecting a KPI that teaches the selection of relevant actionable and quantifiable indicators.
This also features KPI design and implementation, outlining how to build effective KPI frameworks which include setting up measurement systems and linking to business processes. This covers data collection and reporting, ensuring that attendees will be able to follow, measure, and accurately publish performance results.
A notable part of the training deals with the analysis and interpretation of KPI data, featuring methods to discover trends, make decisions based on knowledge, and identify areas for improvement. The course further covers dashboard building and visualisation tools for real-time performance monitoring examples.
Most importantly, it highlights the governance of KPIs and continuous improvement so as to prepare attendees to comprehend the mechanism of reviewing, modifying, and adapting KPIs with changes in business needs.
This equips a professional at the end of the course to understand fully managing high-level impact KPIs that make strategic decisions and drive continuous improvement in performance.
Objective:
The objectives of (KPIs) Training Course are:
Design a performance measuring framework with reference to the developed knowledge in KPIs, their functions, types, and uses
Identify and develop the most vital KPIs that affect not only the stakeholders but also the customer.
Identify and develop the most prominent internal KPIs targeted to drive internal quality and productivity
Effectively manage the KPI measurement process throughout all its stages
Make use of online tools to optimise the KPI implementation project success
Who Should Attend?
All managers and senior professionals involved in influencing, formulating, or supporting the long-term planning and strategy of their department or organisation. The course also benefits those responsible for linking, measuring, and improving the organisation's performance, including strategy or performance management professionals, balanced scorecard managers, business unit and department managers, and business analysts.
How will attendees benefit?
Attendees in the IIBA Endorsed Certificate in Key Performance Indicators (KPIs) Training Course, which is being conducted by the British Academy for Training and Development, will be certain to obtain key strategic and practical benefits:
Increased insight into KPIs: Understand how to define, develop, and implement KPIs that directly align with organisational goals. Improved reporting: Be able to analyse and interpret performance data that drives informed and timely business decisions. Strategic alignment: Know how to align KPIs with key business strategies, for measurable progression and accountability. Increased efficiency and productivity: Identification of performance gaps and using KPI data to inform improvements to both operational processes and team output.Knowledge of performance measurement tools: Hands-on practice in data collection methods, KPI dashboards, and visualisation techniques as means for effective reporting. Ability to drive continuous improvement: A tool that will teach students how to continuously and periodically review and refine KPIs for sustainable performance improvement. Boosted credibility and career options: Earn an internationally recognised IIBA endorsed based certificate that marks excellence in measurement and management of performances. Confidence in communicating performance: Skills on how KPI results will be communicated to all stakeholders for transparency and engagement at all levels of the company.
In the end, this course equips professionals to take the control of performance management and organisational success.
KPI in nutshell
Benefits of performance measurement
The diverse world of KPIs
Explaining KPIs and their crucial role in managing performance
Designing a world-class KPI measurement system to guide the right organizational decisions
Defining effective KPIs to address the needs of all key stakeholders
Differentiating between types of KPIs and their cause-effect relationships
The logic model in an organization
Spotting problems with KPI measurement systems and identifying solutions
critical mission
Balanced measures: one concept, different frameworks
7 steps to determine the most critical KPIs
Evaluating your existing KPI measurement system for enhancement opportunities
Using KPIs in different management areas to target performance plans
Defining financial KPIs to measure outcome-based goals
Defining customer value and satisfaction KPIs that result from operational excellence
The enablers
Defining product and service quality KPIs that target optimal industry standards
The eight dimensions of quality
Defining process and operational efficiency KPIs that drive internal activities
Measuring society results that ensure sustainability
Defining human capital performance and satisfaction KPIs that support a high performance culture
Components of employee satisfaction surveys
The employee satisfaction index
The learning and growth measurement framework
Learning, innovation and growth KPIs
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