Your Solutions for Performance Excellence

Workshop on KPI Setting for Various Industries and Positions

 
Have your organization encountered the following issues?
• All departments are busily managing daily operations but yet the overall corporate performance has not improved
• Management spends lots of time in reading reports but still cannot identify root causes to operational problems
• Long-term goals and business strategies are in place but not effectively implemented down to departmental level
To remain competitive in nowadays fast-moving business environment, organizations require not only right strategies but also good execution.  An effective performance management tool can help organizations communicate corporate policies, clarify responsibilities of departments and transform strategic directives into Key Performance Indicators (KPIs) in different perspectives. Through cascading of corporate directives, corporate strategies can be transformed into actionable tasks that enable systematic assessment on corporate and departmental performance and alignment with corporate strategies.

Workshop Outline

Module 1:  Introduction to Performance Management
• The Performance Management Concept
• Financial vs. Non-financial Measures
• The Four Performance Perspectives of Measurement and Their Causal Relationship
• Format and Components of Performance Management Setting
• Correlations among Annual Objectives, KPIs, Quantifiable Targets and Action Plan
• Integration of Performance Management System with Other Management Tools

Module 2:  KPI Settings Step-by-step
• Good vs. Bad KPIs
• Result-oriented vs. Activity-based KPIs
• Balancing Your KPI Settings
• KPI Examples for Corporate in Different Industries
• Adopting KPI Setting as a Strategic Management Tool
• The Vertical and Horizontal Alignment of Corporate and Departmental KPIs
• Rules of Setting Quantifiable Targets
• Common Errors in Objective & KPI Setting
• The Reporting Format of Corporate & Divisional Performance
• Case Sharing of Performance Management System Implementation

Module 3:  Simulation Exercise
Simulation Exercises on KPI Development  (Participants will have a chance to simulate the process of developing departmental objectives & KPIs under trainer’s facilitation)

 


Lecturer: Mr. Wilson Chu, Principal Consultant

Mr. Wilson Chu, Principal Consultant of HMI Consulting Limited, the Consulting Associate of the University of Hong Kong and the Hong Kong Baptist University, and also the Visiting Lecturer of SPEED of Polytechnic University on Bachelor of Arts (Honors) in Human Resource Management. He was the Survey Manager (in Compensation & Benefits) of Watson Wyatt Hong Kong Limited and a senior consultant of Hong Kong Productivity Council. Mr. Chu has extensive consulting and training experience. 

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Workshop Details

Date: 23 January 2014

Time: 9:30am to 5:00pm

Venue:
2/F, First Commercial Building, 33-35 Leighton Road, Causeway Bay, HK

Fee: HK$1,300

Language: Cantonese with English materials

Lecturer: Mr. Wilson Chu, 
                  HMI Consulting Limited


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About HMI Consulting Limited


HMI Consulting is a leading HR consulting firm specializing in Performance Management, Compensation & Benefits Design, Talent Development & Business Process Improvement. With the primary focus in Hong Kong, PRC and Taiwan, our experienced consultants have worked across a wide range of industries covering Manufacturing & Industrial, Trading, Transportation & Logistics, Financial & Insurance.

HMI Consulting Limited
20/F, Central Tower
28 Queen’s Road, Central, Hong Kong
Tel: (852) 3627 3673
http://www.hmi.hk/