Target Setting for KPIs by Adrian Brudan Main topics covered: – Introduction to what KPIs are; – Functions of the KPI documentation form; – KPI documentation form design; – Standards for naming KPIs; – KPI calculating formulas typology; – Approaches to target setting; – Organizational KPI Library development; What you will learn: Understand the benefits […]
The second day of the 11th HR Metrics Summit continued with a number of speeches, but it also included panels, which were a good opportunity for participants to interact one with another, to share experiences and learn from the outcomes of their fellow colleagues.
The 11th HR Metrics Summit took place at the Embassy Suites Orlando Downtown between the 24th and 26th of February 2014, assembling experts and executives from cross-industry HR departments who analysed methods of validating the HR’s role within an organization and the development of strategies for resolving company and industry wide challenges.
As data based decision making is at the core of better management practices today, tools such as scorecards and dashboards can assist with providing critical business data for decision making. Dashboards are operational tools used to illustrate the company’s performance in its most relevant areas. In their recent study on changing practices of financial departments and management […]
The KPI documentation form is a template that structures the most relevant information regarding a given indicator. Important fields of the form include: the KPI definition, Calculation formula and Target. In addition, other relevant fields can be used, such as: Subordinate measures, Limitations and Notes.