Key Performance Indicators (KPI) Development
Course Objectives:
• Review the characteristics and importance of KPI's
• Clarify corporate strategy and translate strategy to Balanced Scorecard (BSC) measures
• Review key corporate processes and develop to KPI
Day 1
Basic Concepts in KPI Development
• Understanding corporate strategy using the Values Discipline
• Translating corporate strategy to BSC measures
• The nature of KPI's
• The importance of KPIs
• Characteristics of essentials KPI's
Performance Management and KPI's
• KPI's and performance management
• Guiding
• principles for performance management
Day 2
Core processes
• Internal processes analysis
o Value Creation
o Operations
o Customer
o Management
• SIPOC diagrams in KPI development
o Supplier
o Input
o Process
o Output
o Customer
• KPI parameters components
o Process owner
o KPI measure
o Source of data
o Measurement method
o Established target
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