This course addresses the three cornerstones of excellent performance
namely, the right set of Key Performance Indicators (KPIs), the proper
means of tracking progress and the most effective methodologies for
intervention and feedback. By learning how to skillfully handle each of
these tasks, team leaders, supervisors or managers will be able to
directly and positively influence performance in their units, sections,
or departments.
In this course, participants will learn how to
set the right KPIs and align them to the organizational strategy. They
will also learn how, and how often, these KPIs should be reported. In
this regard, participants will be exposed to a variety of dashboards and
scorecards which are considered best practices. The course will then
explain to participants how performance feedback should be provided so
that recipients are motivated to bridge the performance gaps they have.
Course Methodology
The course uses a number of workshops to demonstrate how effective
KPIs are formulated. The workshops are team based and use a customized
approach that provokes the thought process for KPI development and
monitoring. In addition, the course relies on the use of behavior
modeling and role plays to demonstrate how and when effective feedback
should be provided.
Course Objectives
By the end of the course, participants will be able to:
Explain the components of a comprehensive strategy and the role of each
List the main criteria for measuring performance and use them to plan and manage the performance of others
Design
reporting mechanisms which are critical for measuring progress and use
them to track performance and determine critical deviations
Provide
effective feedback as a means of dealing with individual performance
gaps and as a tool for effectively addressing all unfavorable changes in
performance
Determine when to coach and when to counsel and
then do so based on a thorough understanding of performance gaps and
their root causes
Target Audience
All managers and senior professionals who are involved in
influencing, formulating or supporting the performance of others, as
well as those who are responsible for linking, measuring and improving
the performance of the organization, including strategy or performance
management professionals, balanced scorecard course managers, business
unit and department managers and business analysts.
Target Competencies
Formulating KPIs
Performance monitoring and reporting
Critical questioning
Active listening
Providing constructive feedback
Coaching and counseling
Course Outline
The annual strategy cycle and its major phases and components
Various types of analyses
Vision and mission
Critical Success Factors (CSFs)
Using CSFs to translate strategy to operations
Performance criteria
Analyzing CSFs in order to extract the three main performance criteria
Key Results Areas (KRAs)
Core competencies
Core values
How KRAs are cascaded to the business level
Using KRAs to extract KPIs
Types of KPIs
Behavioral indicators and their link to core competencies
Goals, Objectives and Targets (GOTs): the main differences
Using GOTs to develop measures and KPIs
Why SMART objectives are not SMART!
Performance tracking and reporting
The use of balanced and unbalanced scorecards
The use of dashboards and snapshot reporting
Compound versus concrete KPIs: The use of indexes to summarize KPI reporting
Performance gaps: the difference between a gap and a drop in performance
Performance gaps: determining the need for coaching
Providing feedback for improved performance
Feedback: how different is it from opinions, evaluations and appraisals
Feedback versus appraisals, assessments and evaluations
The cornerstones of effective feedback
Types of feedback
Motivational feedback and its benefits
Formative feedback and how it should be delivered
Transforming negative feedback to positive feed forward