How to Create Performance Measures
A practical guide to creating performance measures for your organisation
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What You Will Learn!
- Describe the purpose of performance measurement
- Identify the characteristics of good performance measures
- Develop a Vision Statement for their organisation
- Identify the Strategic Priorities necessary for the achievement of the Vision
- Create Strategic Measures to gauge progress towards the Strategic Priorities identified
- Develop Process Output Measures for the business processes of the organisation
- Produce In-Process Measures to monitor the performance of critical steps in each business process
- Consider appropriate performance measures for a not-for-profit organization
Description
Welcome to How to Create Performance Measures: A Guide for Managers and Business Owners.
The purpose of this course is to offer a practical method for creating performance measures for your organisation. It is specifically aimed at small and medium sized enterprises, but the general principles and method apply to organisations of all sizes.
The key to effective performance measures is a clear vision with performance measures that show progress towards it. In my view, keeping it simple with a clear line of sight from the activities of the business to the vision of the organisation are critical to success. The course, therefore, builds on the firm foundations offered by a clear and engaging vision to develop a network of performance measures throughout the organisation that show progress towards that vision.
The aim of the course is to offer a practical step-by-step guide to creating performance measures rather than cover theoretical concepts and models.
The course lays out a pathway for creating performance measures for organisations of all types. The topics covered include the characteristics of good performance measures; how to develop a Vision Statement for your Organisation; creating Process Output and In-Process measures; and performance measures for a Not-for-Profit organisation.
I hope you enjoy the course.
Who Should Attend!
- Accountants
- Finance Managers
- Finance professionals
- Business managers
- Students of finance and accounting
- CFOs
- Business management students