Academic Research Balanced Scorecard Metrics Template
Academic or Scientific Research is conducted by organizations, universities and other research institutes to develop new capabilities and improve on the already existing skills and practices. The aim of building scholarly excellence can be rightly and efficiently backed by KPIs which help in identifying and measuring those indicators that are critical for their success.KPIs in this regard are broadly categorized under four key perspectives- financial, research performance, operational and learning and growth.Financial perspective helps in providing a financial overview of research activities. It consists of KPIs such as % of research quantum received from government, research income per academic staff FTE, percentage increase in income from knowledge transfer activities and proportion of income from research.Research performance perspective comprises of KPIs in the form of number of international research publications, number of research grants sanctioned, number of national research publications and number of patents.Operational perspective includes KPIs which talk about the operational aspect of academic research. research output of research assessment exercise (RAE), number of higher degree by research completions per 10 research staff FTE, time to completion of higher degree by research students come under this perspective and number of external contracts for research facilities.Learning and growth perspective takes into consideration KPIs like % increase in student involvement, number of feedbacks, number of research initiatives undertaken and proportion of research active staff.
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What are benefits of Academic Research metric:
- Financial measures in this category include funding from government, revenue from research, research income per academic stuff etc.
More ideas on using Academic Research KPI:
Academic Research is concerned with devising new relations and connections between the existing entities in a given sector. There are innumerable kinds of studies that one can choose from for experimentation tasks. However, a thread that binds all of these is the ‘necessity of being well equipped with the underlying information’ so as to set a complete stage for proceeding with the ‘theory formulation’ job.
Owing to the really vast directions in which one can proceed, it is not only useful but also necessary to arm oneself with a degree in a field that is related to the one in which research is to be done. This helps the student in carrying out an academic assessment about the potential he/she possesses in a transparent manner together with rendering a clear understanding of how things operate in the area of academic study.
However, this is a ‘fund intensive’ field that demands significant time investment also as coming up with useful results can sometimes be a really long process.
Moving to the use of this area, R&D position of a nation is often influenced by the extent and level of academic research that goes on in its institutes. Therefore, the respective governments take active part in promoting the research activities by young scholars.
One should possess an inquisitive nature and willingness to conduct studies to fructify the attempts put into the course.
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Business Intelligence (BI) for Education - measure performance with Academic Research Scorecard for Excel
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Alignment with Balanced Scorecard and KPIs is a great way to control the performance of Education.
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I'm sure you understand the importance of measuring and controlling business using correct metrics, so this small investment will return in a great increase in sales.
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Academic Research Estimation Balanced Scorecard Screenshots
Metrics for Education Evaluation. This is the actual scorecard with Academic Research Indicators and performance indicators.
The performance indicators include: financial perspective,% of research quantum received from government,proportion of income from research,% increase in income from knowledge transfer activities,research income per academic staff fte,research performance perspective,number of international research publications,number of research grants sanctioned,number of national research publications,number of patents,operational perspective,research output of research assessment exercise (rae),number of higher degree by research completions per 10 research staff fte,time to completion of higher degree by research students,number of external contracts for research facilities,learning and growth perspective,% increase in student involvement,number of feedbacks,number of research initiatives undertaken,proportion of research active staff.
Some Balanced Scorecard help information that explains how to use scorecard in Excel, what scores and weights can be changed.
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