Schools are essentially organizations that provide encouragement and proper learning environment to students under the supervision of teachers and staff. Though the objective of school may appear very simple, the challenges they deal with are often rather complex and these include dealing with high absenteeism rate, high dropout rates, low graduation rate, discipline issues, and many more. KPIs in this regard helps in highlighting the key areas that needs the attention of the authorities with immediate effect. It is an effective tool for performance measurement in schools.In schools KPIs can be broadly categorized under four perspectives- Resource Deployment, Academics and Satisfaction, Performance and, Education and Learning.Resource Deployment Perspective focuses towards managing and deploying the critical resources of the school. It includes KPIs in the form of % increase in overall budget, level of spending on books and other educational resources, average cost per student and % of staff development budget.Academics and Satisfaction Perspective takes into account KPIs like % of parents that are satisfied with education programs and services offered, teaching skill satisfaction level, student/teacher ratio and % of academic staff with Doctorate degree.Performance Perspective helps in judging the performance of school on various parameters. It comprises of KPIs such as graduation rate, attendance rate, dropout rate and % increase in student enrolment rate.Education and Learning Perspective takes into consideration KPIs like number of extra-curricular activities conducted per semester, % of International students, % of Ethnic Minority students and % improvement in learning rate of students.
Read Why do business professionals choose ready-to-use KPIs? to find out the answers to these questions:
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School Management is about making proper arrangements for imparting education to students and contributing to their intellectual levels. As one gets into the details of operations involved in the task, reasons for these organizations adopting management tool for 'measuring and managing performance' get pretty clear.
Managing school asks for tackling issues like 'absenteeism rate', 'maintaining discipline' etc.
One can achieve this in a calculative way by using Balanced Scorecard (BSC) for the purpose. It enables the measurement of steps and movements taken by the user via the metrics that are finalized on it. These indicators, often referred to as KPIs (Key performance Indicators) are the 'relevant' and 'quantitative' parameters used for evaluating the progress of a given process or organization.
It has been put to use by a number of companies to spot the difficulties in various procedures. Consequently, one can also organize school operations using this management instrument.
The problems being faced can be easily and correctly known, by looking at the deviations in the 'actual' and 'target' value set. Thus, shaping the school management into a successful entity can be attained with it.
On the whole, it is possible to optimize school operations and draw maximum returns from it by moving the BSC path.
This is the actual scorecard with School Management Measures and performance indicators. The performance indicators include: resource deployment perspective, % increase in overall budget, level of spending on books and other educational resources, % of staff development budget, average cost per student, academics and satisfaction perspective, % of parents that are satisfied with education programs and services offered, teaching skill satisfaction level, % of academic staff with doctorate degree, student/teacher ratio, performance perspective, graduation rate, attendance rate, dropout rate, % increase in student enrolment rate, education and learning perspective, number of extra-curricular activities conducted per semester, % of international students, % of ethnic minority students, % improvement in learning rate of students.
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