Key Performance Indicators (KPIs) and KPI Dashboards - Self Study
In a survey of businesses that used KPIs, 68% of respondents noticed a positive impact on their business development after implementing a KPI Framework. Further, 43% of respondents noted improvement, defined as being able to 'objectively evaluate the level of results achievement. * 

A KPI dashboard cuts through the clutter of numbers so a company can monitor the most important measures of its success. Business leaders can quickly see if they need to make changes or celebrate successes. Each KPI helps assess whether the business is achieving its business strategy.

KPIs improve a company’s performance by increasing:
  • Focus
  • Clarity
  • Alignment
  • Speed of Feedback
  • Communication
  • Motivation
  • Performance
This course covers:
  • The benefits and roles of KPIs
  • How to pick a set of metrics
  • Setting targets
  • The components of a KPI dashboard 
  • Pros and cons of using spreadsheets, data visualization software, or dashboard software 
  • Sample dashboards and metric displays
  • The process of implementing KPIs
  • Tips for managing with KPIs
  • Pros and cons of using KPIs to set compensation
The instructor has developed KPIs and KPI dashboards for small entrepreneurs to a $2 billion company.

* From The State of Performance Improvement and Key Performance Indicator Practice Report by The KPI Institute

Course Publication Date: November 29, 2021

This course is available with NO ADDITIONAL FEE if you have an active self study membership or all access membership or webinar membership or can be purchased for $25.00!

Author:Rob Stephens
Course No:FIN-KEY-90051
Recommended CPE:2.50
Delivery Method:QAS Self Study
Level of Knowledge:Basic
Prerequisites:None
Advanced Preparation:None
Recommended Field of Study:Finance
Webinars - On Demand
  
Learning Objectives
  • Recognize the benefits of KPIs and KPI dashboards
  • Identify software options for building KPI dashboards
  • Recall the characteristics of effective KPIs
  • Recall the steps in implementing KPIs

CPE Depot Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Sponsor Number: 109423

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