Key Performance Indicators (KPIs) - Finance and Operators

A Key performance indicators is a quantifiable measure used to evaluate the success of an organization, employee, etc. in meeting objectives for performance.  A Key Performance Indicator (KPI) is a measurable value that demonstrates how effectively a company is achieving key business objectives. Organizations use KPIs to evaluate their success at reaching targets.  

It’s important to understand that KPIs need not all be Organization-wide metrics. But instead, it may focus on the operating efficiency of individual parts of the organization which can then be related back to how those parts affect the whole. Developing and tracking departmental KPIs show how departments work together to achieve the organization’s goals. They also show how individuals within each department can contribute to the organization’s success. Tying everyone in the entity to the same goal will provide a unity of purpose found in almost all successful organizations.  Determining key operational drivers and tracking their progress will help ensure that nothing slips through the cracks. What gets measured gets managed.

This programme provides a hands on approach to theory and practical aspects of understand and measuring the operational drivers which are crucial for Finance function. Participants will be introduced to case studies and overnight assignments wherein they will apply the learnings of theoretical sessions. Model solution for each case study will be presented and shared post participants presentation of solutions.