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: | 16 Dec 2022 (Fri) |
Time: | 09:30 – 17:30 |
Language: | Cantonese (with English materials) |
Fee: | Member – HK$2,000 |
| Venue: | HKIHRM Units 1810-15, 18/F, Millennium City 2, 378 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong |
Speaker
Principal Consultant, HMI Consulting