With the economy in downturn and many businesses facing challenging times, we should be measuring business performance in a new way. Our traditional tools and processes for performance measurement are more akin to Charles Dickens than the 21st century, and thus more appropriate to a Museum than a fast and flexible organization.
This workshop is designed to help organisations who need to change to survive and then thrive. These next difficult years are going to be remembered as a turning point in measuring performance, as the ‘old makes way for the new’.
The material covered in this workshop will, if carried out, have a profound impact in a relatively short period. This workshop will show the practical steps that can be carried out by an in-house team immediately and the changes we need to work on in the next six months. The changes may well be the major breakthrough in turning your organization from good to great!
Content:
- How to produce meaningful weekly snapshots and dashboards instead of numbing monthly financial reports
- Practical steps to forecasting appropriately – telling management want they need to know rather than what the want to hear
- How to implementing a quarterly rolling forecasting process
- Quick fixes to save months out of the annual planning process
- How to find your organisation’s critical success factors (CSFs)
- Reworking your performance measures based on the CSFs
- Outlining some daily and weekly KPIs that will improve performance
Target audience:
- Management accountants and financial accountants
- Finance directors, CFOs, financial controllers
- Practitioners who act as in-house accountants for their larger clients
- CEOs and business owners
Learning outcomes:
Upon attending you will able to:
- sift out your CSFs from the many success factors you are aware of
- design better reporting that informs management during the month
- identify the appropriate better practices to better measure performance
- apply a step-by-step implementation work programme
- review, at your leisure, a comprehensive paper valued at NZ$250.
An in-depth look at how to create and use key performance indicators (KPIs), from the King of KPIs – now updated and expanded!
Winning CFOs equips CFOs, controllers, and corporate accountants to radically transform their contribution to their organizations, migrate into a leader and business partner, maximize their job satisfaction and profile, and leave a legacy of efficiency and effectiveness.
Moving into a new position of leadership is one of the toughest challenges a businessperson can face. Yet, many drift into it without adequate preparation, hoping a great career will just happen. In The Leading-Edge Manager’s Guide to Success, performance management thought leader David Parmenter presents proven solutions and cutting-edge techniques in your journey toward becoming an extraordinary manager and leader. This practical guide will help you manage your leadership transition so you can take charge, build your team, and deliver results.