Performance Measurement: The reality

Online Course on the reality of Performance Measurement

Performance measurement has long been recognised as an important skill for accountants and financial managers. But very rarely is there any acknowledgement of the potential pitfalls. Too narrow a focus can lead to bad decision making and the wrong measures a can distort behaviour in
ways that were not intended.

In this provocative course, David Allen, sets out to remedy this.
He provides examples, drawn from his extensive practical experience, which
highlight the drawbacks of commonly accepted performance management
techniques and practice. He shines a light on the potential pitfalls and explores
ways of avoiding them, by introducing advanced and superior approaches to
performance management.

This course is part of our Issues and Debates suite of learning. These courses are topical, practical and highly relevant to today’s changing market.

Each module is split into two activities: Understanding the issues and Putting it into practice. The first encourages you to think about a topic. The second helps you to put ideas and/or theories into practice as part of your day-to-day work.

Our Performance MeasurementOnline Course enables the learner to:

• Understand the available techniques for making and monitoring decisions
• Create a system and structure of control focused on value creation
• Create a control system that integrates the various functions of an enterprise
• Choose appropriate comparatives for results
• Have a clear view of financial objectives that are necessary to support the sustainability of the business
• Understand the practicalities involved in managing for the long term health of an enterprise

Learning outcomes of Performance Measurement: The reality

The context
• Scientific management
• External pressures
• The limitations of measurement
• The balanced scorecard
• The employee dimension

Basic principles
• A generic business model
• Value to whom
• Customisation
• Integration
• Comparatives

Some practicalities
• Measuring cash flow
• Standard costing
• Limiting factors
• Revenue investment
• The financial manager’s opportunity

Target audience for Performance Measurement: The reality

Accounting and finance professionals, and business managers at all levels in practice and industry.

About the Author of Performance Measurement: The reality

David Allen is a past president of CIMA and a past chairman of the Management Accounting Committee of the International Federation of Accountants. He was employed for many years by Cadbury Schweppes group holding directorships with various subsidiary companies, notably Cadbury Ltd.
 
 

You might also be interested in

Business Performance Management Strategy in a Dynamic World
Business Performance Management Techniques in a Dynamic World
Key Performance Indicators
Business Performance Management

Flexible learning

Learners take their own route through the topics covered in the course. They will learn at their own pace through a variety of activities designed to accommodate a range of learning styles.

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Use promo code FF101 at checkout to receive the Financial Fluency special price
Use promo code FF20 at checkout to receive £100 discount on 5 or more courses