Balanced Scorecard in MS Excel with Ready-to-use Training Metrics

Training KPI KPI - Balanced Scorecard metrics template example KPIs in Training. Structuring effective training programs is easier said than done. This is because one requires a strategic move towards the issue to extract maximally from the interactive sessions.

However, by using BSC i.e. balanced scorecard, it is possible to be assured of the success as 'numbers' form the backbone of this tool. It was devised in 1990s by Norton and Kaplan to help companies gather a complete view of the organizational operations.

One can start by having indicators like 'budget proportion', 'annual rise in training expenses', 'cost savings' and 'cost per employee' for gaining a financial insight.

Please note: the Training KPI price is 30$ (normal price is 60$) and now the Step-By-Step guide on how to design, build and use KPI is included. More information on what is included in Training KPI Pack.

Internal Processes can be gauged with parameters like 'annual rise in number of participants', 'internal: external training ratio', 'number of training days per employee' and 'frequency of training sessions'.

Human Resources Perspective can be evaluated with indicators such as 'workforce say degree', 'employee attitude improvement', 'employee involvement fraction' and 'skills upgrading index'.

Eventually, to take care of education and growth perspective, KPIs such as 'focus attainment', 'rise in cost savings', 'drop in issues' and 'rise in number of sessions' can be used.

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Why do business professionals choose ready-to-use KPIs?

Read Why do business professionals choose ready-to-use KPIs? to find out the answers to these questions:

  • Can a business professional research KPIs on his own?
  • How do I avoid typical problems with KPIs?
  • Is ready-to-use KPI applicable in my niche?
  • Is KPIs' price affordable?
  • Can KPIs can be easily integrated in any business environment?
  • How can KPIs make the difference to the business?

How to align these KPIs with a strategy of our organization?

Ideally, you need to have a strategy (in a form of a strategy map) before you start thinking about the ways to measure its execution (KPIs). Don't have a strategy map yet? Use free Strategy Map Wizard to create a strategy map for your current business challenges. The wizard will:

The whole process takes on average 6 minutes. Give it a try right now - it's free.

What are the benefits of /solutions/training_excel.htm metric:

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More useful information for Hr Evaluation

Training Evaluation Balanced Scoreboard Screenshots

The Balanced Scorecard (BSC) dashboard indicates performance within each perspective and the total performance of .

This is the actual scorecard with Training Measures and performance indicators.

Metrics for Hr Evaluation

This is the actual scorecard with Training Measures and performance indicators. The performance indicators include: finance perspective, % increase in training budget, cost savings, cost per employee, revenue jump experienced, internal processes perspective, annual rise in number of participants, internal: external training ratio, number of training days per employee, frequency of training sessions, human resources perspective, workforce say degree, employee attitude improvement, employee involvement fraction, strategy conformance ratio, skills upgrading index, education and growth perspective, focus attainment, rise in cost savings, results improvement, drop in issues, rise in number of sessions.

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Free Example Template(s)

Use this example to create your own KPI scorecard using a cloud-based software.

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