Overview
Many organizations struggle to keep budgets current in an ever-changing business climate. Twenty-first century performance metrics focus on determining what budgets should be rather than what they were in the past. Using performance metrics effectively reduces work, reduces politics, provides flexibility and substantially improves the performance management process. This session will show you powerful techniques to drive your organization’s performance.
Prerequisites
Financial management experience helpful
Objectives
- Use metrics in a balanced scorecard framework
- Learn to measure business activity output
- Create performance metrics for profit and cost centers
- Benchmark your metrics U
- se metrics for planning and control
- Tips for success
Highlights
- Performance Metrics
- Budgets
