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Why training adds value to developing companies

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The KPI Institute Training When it comes to performance, there are several keywords that are linked to the term: plans, goals, technology, objectives, scorecards, dashboards, training, communications and many more. In today’s post, we are going to discuss the importance of one of these tools, namely training and set some guidelines for using it in developing companies.

KPI Documentation Form at the Oregon Employment Department

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Employee Engagement

The Oregon Employment Department was created in 1993 and is responsible for developing the state’s workforce. It offers services for both employers and job seekers and helps them arrive at the adequate solution based on the needs of each involved party.

In order to measure and manage performance, the department has implemented a performance management system that is currently based on 14 approved and active Key Performance Measures (KPMs).

KPIs for Safety Management

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Safety Management

Why use KPIs in managing safety in the organization?

1. KPIs can prevent major incidents – when leading KPIs turn red, they outline an increased possibility of certain risks to occur. Actions can be taken to prevent the event.

2. KPIs improve reliability – preventing incidents makes operations more reliable and ensures production cycles without interruptions. This reflects directly in the company’s financial performance.

3. KPIs avoid complacency – since major incidents are rare, there is always the risk of giving more attention to lower consequence risks in the belief that things are fine. KPIs can sent warnings for all types of incidents.

4. KPIs communicate performance – KPIs keep the management focused, they ensure transparency and facilitate progress.

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