KPI vs OKR Leverage the Latest Trends in Performance Management

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Nowadays many companies use KPIs (Key Performance Indicators)for performance management, but tech giants such as Google and Intel have adopted the OKR (Objective & Key Result) approach in recent years to maximise their business outcomes. KPIs and OKRs complement each other.

Objectives

  • To explain the difference between KPI and OKR setting
  • To share ways to design and implement a high-impact performance management system

Content

Module 1:  Introduction to Performance Management

  • Concept of Performance Management
  • Difference between KPI & OKR and Their Integration for Better Outcomes
  • Setting Annual Objectives, KPIs, Quantifiable Targets and Key Results 
  • Four Perspectives of Performance Measurement & Their Causal Relationship     
  • KPI Examples for Companies in Various Industries

Module 2: Design & Implementation of Performance Management System

  • Adopting KPI & OKR Setting as Strategic Management Tool
  • Cascading Corporate Strategies and Long-term Objectives
  • Clarifying the Role & Responsibilities of Departments
  • Ensuring the Vertical and Horizontal Alignment of KPIs
  • Transforming KPIs into Key Results
  • The Reporting Format of Corporate & Departmental Performance      
  • Case Sharing of Successful Implementation of Performance Management System

Date:

22 July 2022 (Fri)

Time:

09:30 – 17:30

Language:

Cantonese (with English materials)

Fee:

Member – HK$2,000
Non Member – HK$2,800

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Venue:

HKIHRM

Units 1810-15, 18/F, Millennium City 2, 378 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong


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Speaker 

Principal Consultant, HMI Consulting

Date & Time
Friday
22 July 2022
09:30 17:30 Asia/Hong_Kong
Location

Hong Kong Institute of Human Resource Management

Units 1810-15, 18/F, Millennium City 2
378 Kwun Tong Road, Kwun Tong
Kowloon
Hong Kong
+852 2837 3830
learning@hkihrm.org
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Organiser

Hong Kong Institute of Human Resource Management

+852 2837 3830
learning@hkihrm.org