Kpis – Key Performance Indicators –Simplified 2023

What you'll learn
Define what are Performance Indicators and Key Performance Indicators are
Identify how process and function measurements drive KPI outcomes
Create useful and meaningful KPIs based on business needs
Complete the assessments designed to challenge your understanding of the real meaning of KPIs
Requirements
To complete this course, an understanding of performance measurement is recommended
Description
KPIs (or Key Performance Indicators) have been around since the 1980s. They are considered by most as the evolutionary or progressive step of industrial engineering. The wise men often stated, "If you don't measure it, you can't fix it'. (Deming, Taylor, tec. Many have reworded these words, yet the underpinning notion remains. Some will apply a band aid solution, only to have to go back and find an alternative.The metrics are created from measured processes and it is these that form the elements or basis of KPIs. In this course we start from the basics, We learn how to measure processes to understand the excessive delays and excessive transports. We look at the engagement of 'tech' within the process to understand capabilities and limitations. It is through understanding the process construct that we begin to formulate the KPIs.By understanding the elements of the KPI, students will realise how to apply root cause techniques to identify the root cause for variances and implement actions to fix anomalies.The course has challenging and interesting testing confirmations that are designed to make you think outside the box.In addition to the course material, students will have free limited time access to a blue chip KPI software that they will use for the course learning outcomes.This course has been created to make students think and look for alternatives.
Overview
Section 1: Introduction
Lecture 1 Introduction
Section 2: Lecture 1S: Supplemental
Lecture 2 Introducing ezzykpi.
Section 3: Lecture 2: What is a KPI
Lecture 3 What is a KPI?
Section 4: Lecture 3: What is a Metric?
Lecture 4 What is a Metric
Section 5: Lecture 4: Why a scorecard-dashboard?
Lecture 5 Why a scorecard - dashboard?
Section 6: Lecture 5: Which KPI's
Lecture 6 Which KPIs?
Section 7: Lecture 6: How to implement KPIs into the business
Lecture 7 How to implement KPIs
Section 8: Lecture 7: The story behind the measurements
Lecture 8 The story behind the measurements
Section 9: Lecture 7E: The measurements
Lecture 9 The measurements
Section 10: Lecture 9: Annual Reviews
Lecture 10 Annual Reviews
Section 11: Lecture 10: Algorithms
Lecture 11 Algorithms
Section 12: Exercise 1: Customer Service
Lecture 12 Exercise 1: Customer Service
Section 13: Exercise 2: Operations Cost per Carton
Lecture 13 Exercise 2 - Production Costs
Section 14: Exercise 3 - Sales and Demand Planning
Lecture 14 Sales and Demand Planning
Management students or engineering, finance students interested in Continuous Improvement
Homepage

https://www.udemy.com/course/kpis-key-performance-indicators-simplified/