Executing Strategic Performance

Details

This course will guide participants in understanding and implementing effective performance measurement and management control systems. It will focus on creating a balanced scorecard, measuring accountability, enhancing competitiveness, and cultivating a culture of shared success.

Target Group

This course is designed for general managers and senior financial executives who are responsible for designing and implementing systems to measure, monitor, and improve enterprise performance—particularly those executives with planning, control, and accounting responsibilities.

Goals

• Understand how to translate company's mission and business strategy into performance targets and measures.
• Develop and implement effective performance measurement and management control systems.
• Create a balanced scorecard (BSC) strategy map that reflects both financial and nonfinancial measures.
• Learn to align organizational design and human resources with strategic objectives.
• Understand how to manage the balance between profit, growth, and control.
• Gain the ability to measure the contribution of intangible assets and align them with the strategy to enhance customer satisfaction.

Target Competencies

• Strategic Performance Measurement
• Management Control Systems Implementation
• Balanced Scorecard Development
• Resource Allocation
• Organizational Alignment
• Strategic Profit and Growth Management

Outlines

Understanding Strategy-Focused Organization Principles

• The role of strategy in organizational success
• Translating strategy into actionable objectives
• Key principles of a strategy-focused organization

Defining and Measuring Value Proposition

• Understanding the differentiated value proposition
• Designing customer relationships for greater profitability
• Measurement techniques for the value proposition