Understanding KPIs

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Summary outline of the webinar

Working with KPIs is challenging due to the lack of standards in their terminology, definition and usage. The KPI Institute’s research in the field brings clarity to this topic of high interest, which we are glad to share with all the interested professionals.

Main topics covered

  • The role of KPIs;
  • KPI definition;
  • Linking metrics to Key Performance Indicators, Key Risk Indicators and analytics;
  • KPI naming standards;
  • Generating value from KPIs.

Key Learning Points

  • Position KPIs in context as management tools;
  • Become familiar with KPI naming standards;
  • Learn from practical examples of how KPIs lead to insights and corrective actions.

 

Aurel Brudan is the founder and CEO of The KPI Institute, the global authority on Key Performance Indicators research and education. Under his coordination the Institute research team documented over 7,000 KPI examples from 15 functional areas and 24 industries, reviewed 1,000+ performance reports from 125 countries and referenced 20,000+ resources, the result being www.smartKPIs.com, the premier destination for quality performance management and measurement resources. Other research programs resulted in the development of two maturity models for performance management and measurement, as well as the establishment of the KPI Management Framework to provide the theoretical base for the Certificate in Key Performance Indicators Management.

As a consultant, Aurel conducted numerous performance management system implementations using solutions such as the Balanced Scorecard, operational dashboards and functional performance scorecards. Among his most important clients are Australia Post, the Australian Federal Administration, the Victorian State Government, Brisbane City Council, National Australia Bank, Qatar Supreme Council Of Health and SABIS.

As an educator, Aurel has accumulated hundreds of hours of experience in a variety of settings, from open and in-house training delivery to tutoring management for the University of Melbourne. Aurel is a member of the Academy of Management, the Australian New Zealand Academy of Management, the Australian Marketing Institute and Fellow of the Australian Institute of Management.

Aurel has tertiary qualifications in both Economics and Marketing, complemented by postgraduate certificates in Advanced Learning and Leadership, as well as in Research Commercialization from the Melbourne Business School in Australia. Aurel is also in the final stages of his PhD. candidature, researching Integrated Performance Management Systems at the University of Melbourne.

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