Performance Measurement Techniques

Overview

Measuring business performance

Learn techniques using traditional financial measures to evaluate business performance and learn to link CSFs to KPIs and corporate strategy to evaluate business performance. Develop strategic objectives and measurable results.

Value added topics

• Traditional financial measures of return on investment (ROI) and residual income (RI)
• CSFs and KPIs
• Business performance evaluation

Gain experience with detailed exercises

Understand how to evaluate business performance and acquire a deeper understanding of the process of strategic performance evaluation.

This is a standalone course but if you're interested in more of this type of learning while earning a designation, explore the CGMAr Finance Leadership Program.

Highlights

Key Topics

• Traditional financial measures
• Linking CSFs to KPIs and corporate strategy
• Reporting by dimension
• Non-financial performance indicators
• Balanced scorecard

Prerequisites

Strategy Formulation

Designed For

Who Will Benefit

• Global accounting and financial professionals
• Management accounting professionals
• CPAs in public practice with manufacturing clients
• Consulting firm professionals

Objectives

Learning Outcomes

• Evaluate business performance using traditional financial measures.
• Identify the linkage between critical success factors (CSFs) and key performance indicators (KPIs), and evaluate business performance as a basis for defining an organisation's information needs. analyse reporting by dimension to gain further insight into performance.
• Determine how non-financial performance indicators can add value to performance measurement and assist in decision making.
• Determine how the balanced scorecard may align performance to strategy using a range of indicators.