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What Everyone Should Know About KPIs: Fundamentals
New
Rating: 4.8 out of 5(13 ratings)
308 students

What Everyone Should Know About KPIs: Fundamentals

Understand KPIs, scorecards, and performance management fundamentals
Last updated 3/2026
English

What you'll learn

  • Explain what KPIs are and why they matter in performance management.
  • Identify KPIs that align with organisational goals.
  • Build performance scorecards to track results.
  • Use KPIs and scorecards to support better performance management.

Course content

5 sections14 lectures49m total length
  • Welcome & Meet the Course Guide3:48

    Welcome to the course.

    In this lecture, we introduce the purpose of the course and explain why understanding Key Performance Indicators (KPIs) is essential for effective performance management. You will also get an overview of the topics covered in the course, including KPIs, scorecards, and how organisations measure performance.

    By the end of the lecture, you will understand what to expect from the course and how it will help you build a practical foundation in performance management.

  • An Overview of Performance3:35

    In this lecture, we explore how performance management works within an organisation. You will learn how organisational goals are translated into processes, projects, and measurable performance data such as Key Performance Indicators (KPIs).

    We also introduce the concept of a performance contract or scorecard, which helps organisations define what is measured, why it is measured, who is responsible, and how performance is evaluated. Understanding this framework is essential for building meaningful KPIs and managing performance effectively.

  • Conclusion - An Overview of Performance0:47
  • Overview of Performance Quiz

Requirements

  • No prior knowledge of KPIs or performance management required.
  • Basic understanding of how organisations or teams work.
  • Interest in improving performance measurement and decision-making.

Description

Many organisations struggle with performance management because there is often no clear understanding of what should be measured and how performance should be evaluated. Without the right approach, employees and managers can become frustrated, and performance initiatives fail to deliver meaningful results.

This course provides a clear and structured introduction to Key Performance Indicators (KPIs) and how they are used to measure and manage performance effectively.

In this course, you will learn how to:

  • Understand how performance works within an organisation

  • Transform data into metrics and meaningful KPIs

  • Apply KPIs to processes, tasks, and projects

  • Recognise effective and ineffective performance management practices

  • Build and use performance scorecards

  • Evaluate performance using targets, ratings and trends

  • Calculate overall performance scores and interpret what they mean

A key focus of the course is on building and using performance scorecards, helping you understand how KPIs are structured and applied in real organisational contexts.

The course also highlights how clear performance measurement can improve focus, alignment, and decision-making across teams and individuals.

By the end of this course, you will have a solid foundation in KPIs and performance measurement, enabling you to better understand how organisations measure success and how performance can be improved in a structured and meaningful way.

Who this course is for:

  • Business professionals involved in performance tracking or reporting
  • Managers and team leaders responsible for measuring team performance
  • Anyone who wants a practical introduction to KPIs and performance scorecards