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  3. Introduction to KPIs: Measuring Success in Business

Introduction to KPIs: Measuring Success in Business

This course explores Key Performance Indicators (KPIs) to propel your business towards strategic goals. Designed for beginners, it demystifies selecting, implementing, and analyzing KPIs, enabling you to capture actionable insights and make informed

Manish Gupta
Manish Gupta
Business | core | 1 hour 15 minutes |   Published: Jun 2024
In partnership with: Coursera

    Discussions

Overview

1KSTUDENTS*
93.9%RECOMMEND*

This course includes:

  • 75 minutes of on-demand video  
  • Certificate of completion  
  • Direct access/chat with the instructor 
  • 100% self-paced online 

“What gets measured gets done” If we measure something, we are more likely to do it. This idea is important for people who work in business. They learn that the main problem is not deciding what to measure but figuring out how to measure it. After measuring, they still need to decide how to judge the results (the "metric") and how to track if a new product is successful over time (KPIs). This is a key concern for everyone in business because picking the wrong thing to measure can cause a business to fail. Welcome to our course on Key Performance Indicators (KPI’s) and how we use to measure our success in business. Together, we will explore the power of Key Performance Indicators (KPIs) to propel your business towards its strategic goals with our in-depth course. Designed for those new to the concept, this course demystifies the selection, implementation, and analysis of KPIs as vital tools for gauging and guiding success. By exploring both theory and practical applications, you'll learn to identify crucial KPIs that align with your business objectives, implement them to capture actionable insights, and use this data to make informed strategic decisions. This course is your first step toward leveraging KPIs to monitor progress, enhance operational efficiency, and achieve your business's strategic aims.

Skills You Will Gain

Actionable Insights
Business Success
Key Performance Indicators (KPIs)
Operational Efficiency
Strategic Goals

Learning Outcomes (At the end of this program you will be able to)

  • Explain the importance of KPIs in achieving organizational goals. 
  • Identify the right KPIs for different business units and objectives. 
  • Implement KPIs within your business framework, employing best practices for data collection and analysis to drive improvement. 
  • Assess the impact of KPI-driven strategies on business performance, using data to iterate and enhance business processes. 

Prerequisites

Participants should understand basic business operations and be interested in improving performance through data-driven decisions. Familiarity with fundamental metrics and a desire to explore strategic goal setting and operational efficiency will enhance the experience.

Who Should Attend

Business Analysts, Managers, Team Leaders, and anyone interested in performance measurement 

 

 

 

Curriculum

Instructors

Frequently Asked Questions

How much do the courses at Starweaver cost?

We offer flexible payment options to make learning accessible for everyone. With our Pay-As-You-Go plan, you can pay for each course individually. Alternatively, our Subscription-Based plan provides you with unlimited access to all courses for a monthly or yearly fee.

Do you offer any certifications upon completion of a course at Starweaver?

Yes, we do offer a certification upon completion of our course to showcase your newly acquired skills and expertise.

Does Starweaver offer any free courses or trials?

No, we don't offer any free courses, but we do offer 5-day trial only on our subscriptions-based plans.

Are Starweaver's courses designed for beginners or advanced students?

Our course is designed with three levels to cater to your learning needs - Core, Intermediate, and Advanced. You can choose the level that best suits your knowledge and skillset to enhance your learning experience.

What payment options are available for Starweaver courses?

We accept various payment methods such as major credit cards, PayPal, wire transfer, and company purchase orders. For more information related to payments contact customer support.

Do you offer refunds?

Yes, we do offer a 100% refund guarantee for our courses within a specified time frame. If you are not satisfied with the course, contact our customer support team to request a refund with your order details. Some restrictions may apply.

*Where courses have been offered multiple times, the “# Students” includes all students who have enrolled. The “%Recommended” shown is also based on this data.
1Module 1: Understanding KPIs
2Module 2: Selecting and Implementing KPIs
3Module 3: Analyzing and acting on KPIs

Segment 06 - Choosing the Right KPIs

Segment 07 - Setting KPI Targets 

Segment 08 - Implementing KPIs

Segment 09 - Analyzing KPI Data

Segment 10 - Reporting KPIs

Segment 11 - Impact of KPIs on individual performance or work roles

Segment 12 - Acting on KPI Insights 

Segment 13 - Congratulations and Continuous Learning Journey

Segment 01 - Introduction and Welcome

Segment 02 - What are KPIs

Segment 03 - Types of KPIs

Segment 04 - Evolution of KPIs  

Segment 05 - Risks and challenges of KPIs

Manish Gupta

Manish Gupta

Manish is a seasoned finance and business management professional with over 15 years of experience in the hospitality industry. As the Chief Financial Officer at Htoo Hospitality, he oversees operations across six destinations and 15 hotels, managing an inventory of over 800 rooms and a workforce of 1,500+. In addition to his CFO responsibilities, he also serves as the acting CEO and head of business, leading strategic initiatives, financial planning, and the post-COVID reopening of key hotels. His expertise includes implementing ERP systems, financial planning processes, and data visualization tools to optimize hotel performance and efficiency.

A passionate advocate for learning and development, Manish is the founder of eHotel Management School, an online platform offering over 30 courses in hospitality management. With a global student base of over 100,000, his mission is to empower one million professionals in finance, business management, and technology. He has also authored a comprehensive guide on budgeting and forecasting principles for hospitality and collaborates with platforms like Coursera and Alison as an instructor. Through his work, he continues to drive innovation, lean management, and knowledge-sharing in the hospitality sector, equipping professionals with the skills needed to thrive in a dynamic industry.

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