The use of KPI’s or key performance indicators is quite a useful concept that has become popular in strategic management. Over the past years, the practice of management has been becoming more and more based on facts and observations, and it became logical to try and define which parameters could determine performance.
Being able to have quantifiable bases with which to measure various aspects of the performance and condition of an employee, group, or company has become one of the basic principles of sound management. After identifying the various measurable quantities available, it then becomes a matter of choosing the most relevant parameters. The most important of these parameters then became known as key performance indicators (KPI).
For instance, a training KPI is the average number of training hours that each employee has undergone within a specified time period, usually a year. This parameter would be able to roughly indicate the amount of training that an employee, on average, is able to get within that time period.
By considering both the magnitude and the rate of change of this parameter, management would be able to get a clearer idea of whether their employees are receiving enough training. Conversely, if this average number is too small, or if the rate of change is negative – that is, if the number of hours show a decreasing trend – then it might be necessary to route more resources to training.
Another training KPI that might prove useful is the average training cost, per employee, over a specified time period. This cost can then be compared against the average increase in productivity, to see if the training regimen that has been implemented actually worked. For example, a high average training cost together with a low average increase in productivity would seem to point towards an ineffective training program. A lower average training cost, on the other hand, together with a high average increase in productivity would mean that the training program implemented was a cost-effective one.
It can be seen from these examples, then, that considering training KPI’s individually would not always yield accurate evaluations. This is because many of these parameters are actually interrelated, and must be considered together to represent a meaningful way of measuring performance.
It is still important, of course, to be able to identify what these most important training KPI’s are, to be able to monitor all of them effectively. Once data has been gathered according to these known key performance indicators, then the data can be evaluated, in light of the relationships between these KPI’s. A proper selection of KPI’s would help to limit the data to be analyzed to those data that would really be relevant.
In today’s world, organizations are more often than not forced to adapt to changing conditions and a dynamic marketplace. This places more importance on being able to evaluate and implement effective training programs. With the use of training KPI’s, managers would be able to judge better and craft good training programs for the betterment of their organization.
By: Sam Miller
Posts Tagged ‘Sound Management’
Training KPI and Effective HR Management
March 20th, 2010Supplier of Environmental Monitoring and Testing Services
November 18th, 2009Raising awareness on the environment is a most important step that world must know about what they are using and how they impact on our ecological balance. We must protect, manage and conserve the environment to preserve our future generations. With even small changes in the energy used, we can help to improve the environmental legacy for future generations to come. With careful conservation and sound management we can protect our environmental, social and cultural heritage.
The security and monitoring of environmental changes is an urgent problem worldwide. To restrict environmental damages, rapid determination of pollutants penetrating into the environment is necessary. The below given monitoring and testing environmental services are required for environment safety and preservation.
Environmental Analysis – soil, water, gas
Environmental Analysis comprises of soil, water, gas chemical testing. The analysis tells that how much contamination is present in soil, water, gas. The analysis is done with advanced sampling, testing and reporting in support of investigation, all environmental compliance and monitoring. The potentially toxic substances can be present in soil & water. There are many analysis tools that assist environmental effects of groundwater use. Analysis of effluent and wastewater is required to determine the effectiveness of treatment regimes.
Pharmaceutical Analysis
For Pharmaceutical Analysis well equipped laboratory is required with the latest testing equipments. Experienced staff can assist from method validation through to generating data for regulatory submissions. They use wide range of pharmaceutical methods like advanced HPLC (High-Pressure Liquid Chromatography) and GC (Gas Chromatograph) techniques.
Environmental Monitoring and Assessment
Environmental monitoring and assessment means to monitor and assess the status and trends of ecological resources. This involves collecting, reviewing and interpreting data relating to soil, water and gas. Monitoring allows observing and interpreting changes in environmental quality and determining the reasons for these. Dust analysis, Quartz analysis, Vapour and gas analysis all are carried out in environmental monitoring.
Landfill Aftercare Services
Landfill aftercare services ranges from soil and groundwater testing and remediation through to site rehabilitation and capping. Comprehensive and integrated approaches are needed to handle and monitor landfill gas, landfill leach ate. Various tests are needed to monitor groundwater, landfill gas, storm water and flare stack. Flare stack services, environmental assessments, automatic landfill gas monitoring, aftercare design all such services comes under landfill aftercare environmental service.
Energy Services
Energy services include coal quality assessment services which are done in comprehensive dedicated coal testing laboratory. All the necessary coal tests are required for coal quality assessment. Manny laboratories provide comprehensive sampling & testing and analysis services to the coal industry. Also provide on site facilities to coal mines servicing the daily coal production requirements.
ESGL is one of the leading waste management and environmental services provider with solutions to environmental problems to its customers throughout Great Britain, Ireland, Europe and the Middle East. They provide the services of analysis for soil, water as well as routine regulatory testing of effluent and waste waters. They have experienced technical staff that advises on appropriate testing regimes to meet your requirements. They offer quality laboratory testing and specialist contracting services in various offices. For more information visit http://www.esgl.co.uk/
By: Ellene
