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Key Performance Indicators For

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Central to the Balanced Scorecard concept are the Key Performance Indicators (KPI) relevant to the particular organization. These are the primary areas which must be measured and improved, if the organisation is to achieve sustainable success. For instance "operating costs", "employee morale", "customer satisfaction" and "sales revenue" would be some KPI for a sales-oriented organization.



As a behavioural and performance coach for directors and CEOs, I encourage my clients to choose personal KPI for sustainable success in the whole of one's life.

We humans are always better able to improve that which we can measure.

But watch out - many people become skilled in too few KPI, such as only vocational skills and financial literacy, leaving themselves prone to poor health, poor relationships, and eventually unable to sustain those skills that they do have.

Wholesome personal success can be achieved by consistent correct practice of a range of KPI.

We require diversity in our lives to ensure we thrive, improve, contribute to, and enjoy life. Here is a suggested list of personal KPI: -

? Attitudinal Competence ? the ability to remain fully aware; improve beliefs and identify values; effective emotion and feeling generation; and choose value-based intentions and purpose. Time management, procrastination, motivation and "unresolved issues" are covered here.

? Physical Competence ? effective physicality and maintenance of excellent health and appropriate fitness.

? Relationship Competence ? ability to choose, maintain and develop functional and enjoyable relationships, and express unconditional love to at least one other person.

? Vocational Competence ? professionally developed and improving, using functional KPI.

? Material & Financial Competence - ability to understand, obtain and enjoy the material aspects of the whole of life, above basic survival needs.

? Recreational Competence ? the ability to recover, refresh, renew and enjoy one's whole self.

? Environmental Competence ? consistent actions to improve one's immediate environment.

Having decided upon your KPI, now you need to decide how to measure them.

Whilst this is a personal choice or preference, you could include the following principles: -

 Establish target components for each KPI

 Examples ? these are only a few of the many possibilities:

o KPI for Personal Finances: amount of savings per month; percentage of cost reductions per month; percentage of debt cleared per month.

o KPI for Family Relationships: number of family outings per month; number of unpleasant incidents per month (similar to workplace safety targets); number of delightful/happy events per month:

o KPI for Physical Fitness: fitness routines completed per week

o KPI for Attitudinal Competence: improvements to beliefs per day (I've suggested increased frequency of measurement for beliefs to assist in improving our awareness of this major cause of personal limitation.); number of personal "upsets" per week; number of negative events where "triggers" did not occur (i.e. you responded positively)

 Choose both quantitative and qualitative targets i.e. measurements that can be seen or counted and measurements that are felt or expressed.

 Create a recording method and graphic appearance .eg. set up an Excell; keep a journal of your KPI improvements.

 Create the habit of reflecting on a daily basis, say for 10 minutes before retiring for the evening, to consider and record today's KPI.

 Create a celebration or reward system for your achievements.

What could your KPI be, to achieve success in the whole of your life?

How would you go about using this process to your benefit?
Key Performance Indicators For
Companies that are data driven base their department structure through metrics, and this starts with key performance indicators for training, also known as KPIs. One cannot simply assume that a part of the curriculum is ineffective. Also, one cannot simply say that a trainee should not be deployed to operations, as he might not be able to hit the organizational goals.

All claims should be validated by data. And with this, there has to be a standardized set of metrics on how a trainee should be evaluated. Depending on the current business needs of the job or program, all training KPIs should be tailor fit. The actual training curriculum may be adjusted or improved if the current one does not result to yield needed in trainees in terms of hitting the goals.

A training metric by which one may be assessed will depend on the current skill set needed by an employee to contribute to the company. In many customer service oriented companies, for example, the ability to communicate clearly is part of the performance development plan. It is also a part of their metrics and it measures how well they are doing on that aspect of the job. Mostly, this is measured through surveys. However, there has to be objectivity in measuring targets so there are quality assurance specialists in many organizations.

These specialists check if the output or product passed the standards. If not, it is then identified what area of opportunity the employee has. For example, an employee made shoes with black shoelaces instead of white. As it turns out, the employee does not know that the shoelace should be black. This, then, is an indication of the employee's lack of product knowledge. And this may result to a retraining session.

During the actual training, prior to the employees getting deployed on the floor for production, it is imperative that there is a set of standard assessment for them, which are also currently being used for regular employees. This is to measure if they have the ability to start their employment in production. If the measurement dictates that they need specific improvement in a certain area, the management will decide if they need to be retrained or if the scores are just about enough to keep them employed. Performance indicators for training are all determined by what the company needs and expects from its employees. Ideally, the KPIs for trainees are also the same with existing employees. Majority of these are taken from actual targets of the organization. The most common KPIs include the number of products made, time of hours spent, attendance, tardiness, and the ability to follow company policies.

Without standardization, expectations will not be set and an organization will not be able to set a culture and discipline among employees. It is then no longer an option whether there has to be a KPI standard or not. It is a must for every company to have performance indicators for training, to ensure that all people who will move to the production are really equipped, thus, contributing to the success of the organization.
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About Author
Both David Deane Spread & Sam Miller are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

David Deane Spread has sinced written about articles on various topics from Parenting, Babies. David Deane-Spread coaches board directors and CEOs. He developed the training method for Attitudinal Competence and authored the system "Master the Power of Your Attitudes". An ex-Army officer, covert operations specialist and director and CEO of both. David Deane Spread's top article generates over 6600 views. Bookmark David Deane Spread to your Favourites.

Sam Miller has sinced written about articles on various topics from Debts Loans, Computers and The Internet and Customer Service. If you are interested in performance indicators for training, check this web-site to learn more about kpi indicators for balanced scorecard.. Sam Miller's top article generates over 550000 views. Bookmark Sam Miller to your Favourites.
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