Module 1 - Introduction
- Definition of Balanced Scorecard
- Concept of Balanced Scorecard
- Balanced Scorecard Strategy Map
- The Strategy Focused Organization
- BSC – a tool
- #Case “Mobil NAM&R”
- What Are Key Performance Indicators (KPI)
Module 2 - Performance Measures
- Why Performance Measures
- Why use KPIs
- Why Not Measure Everything
- Designing Good KPIs
- KPIs versus Metrics…
- Basic Rules for Developing Metrics
- Data Quality Metrics
- Other Tips for Good KPIs
- Lag, Lead & the Planning Hierarchy
- 10 Characteristics of a Good KPI…
- Humanise the Process
- How to Know What to Measure
Module 3 - Basic Guide To Developing KPI
- The Planning Hierarchy
- How to construct the Performance Plan: a Four Step Process
- Step 1 – Agreeing Upon Key Result Areas
- Step 2 - Agreeing Upon Performance Objectives
- Step 3 - Agreeing Upon Key Performance Indicators (KPIs ) and Their Associated Performance Targets
- Step 4 - Agreeing Upon Action Plans
- Step 5 - Agreeing Upon The Individual Development Plan
- Step 6 - Agreeing Upon Reviewing The Plan
- Step 7 - Agreeing Upon Signing Off The Completed Plan
Module 4 - Methods For Gaining Employee Acceptance On New Initiatives
- Involving employees at all levels
- Making sure employees understand objectives
- Striving for improvement instead of judging past performance
- Getting visible support from executives and senior management
- Challenging employees to act immediately
- Enabling them to monitor results
- Data Management