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picture1_Stakeholders Ppt 78009 | Click Here


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File: Stakeholders Ppt 78009 | Click Here
what are kpis simply defined kpis are measures that an organization uses to define success and track progress in meeting its strategic goals key performance indicators kpis are quantitative and ...

icon picture PPTX Filetype Power Point PPTX | Posted on 04 Sep 2022 | 3 years ago
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         What are KPIs?
         • Simply defined, KPIs are measures that 
           an organization uses to define success 
           and track progress in meeting its 
           strategic goals.
         • Key Performance Indicators (KPIs) are 
           quantitative and qualitative measures 
           used to review an organization's 
           progress against its goals.
                                                                    2
            Characteristics of good KPIs
        • People often use the acronym “SMART” 
          to refer to the characteristics of good 
          performance indicators.
      Specific             Measura             Achievabl
                                ble                   e
                Relevant:               Time-
                                        bound
                                                                    3
                   Development of KPIs
      • A number of factors should to be considered 
        when developing and evaluating KPIs:
         1.Define the use for measurement.
         2.Consult with stakeholders and 
             advisory group.
         3.Choose the area to measure.
         4.Achieve a balance in measurement.
         5.Determine selection criteria.
         6.Define the indicator
             • Identify the target population
             • Identify the Benchmarks (internal & 
                external)  
             • Define the target to be achieved
             • Threshold for action (weaknesses &                   4
                recommendations) 
             • Action
                  Determine  Selection Criteria
                                     • Does the KPI measure what it 
                  Validity             is supposed to measure? 
                                     • Does the KPI provide a 
                Reliability            consistent measure? 
                  Explicit           • Is the KPI supported by scientific evidence 
             evidence base             or the consensus of experts? 
              Acceptability          • Are the KPIs acceptable? 
                                                                                  5
                Determine  Selection Criteria
            Feasibili               • Is it possible to collect the 
                                      required data and is it worth the 
                   ty                 resources? 
            Sensitivi               • Are small changes 
                    ty                reflected in the results? 
           Relevanc •What useful decisions can 
                    e                 be made from the KPI?
                                                                            6
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...What are kpis simply defined measures that an organization uses to define success and track progress in meeting its strategic goals key performance indicators quantitative qualitative used review s against characteristics of good people often use the acronym smart refer specific measura achievabl ble e relevant time bound development a number factors should be considered when developing evaluating for measurement consult with stakeholders advisory group choose area measure achieve balance determine selection criteria indicator identify target population benchmarks internal external achieved threshold action weaknesses recommendations does kpi it validity is supposed provide reliability consistent explicit supported by scientific evidence base or consensus experts acceptability acceptable feasibili possible collect required data worth ty resources sensitivi small changes reflected results relevanc useful decisions can made from...

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