This course explores the importance of linking performance measurement with company strategy to ensure a coherent approach to performance management.
Using contemporary approaches to performance measurement, this programme will explore the use of both financial and non-financial measures, as well as the challenges of controlling divisionalised performance. This practical and engaging course will also consider how performance monitoring and appraisal can be linked to employee motivation retention and development.
Who should attend?
This programme is designed for managers, executives and individuals with management responsibilities, who are charged with measuring and managing organisational performance. The course will also be of value to managers in all professional backgrounds as well as to qualified finance professionals. The course draws on performance indicators from a variety of sources both financial and non-financial to develop effective performance management frameworks.
The link between corporate strategy and performance measurement
- Corporate strategy as a determinant of performance measurement
- Measuring and managing performance to deliver corporate strategy
- Contemporary performance management frameworks
Measuring and managing financial performance
- Developing relevant financial performance indicators
- Enhancing strategic performance though management of financial performance indicators
Measuring and managing non-financial performance
- The growing importance of non-financial performance indicators
- Developing non-financial performance indicators
- Delivering corporate strategy though management of non-financial performance indicators
Managing performance in divisonalised organisations
- The challenge of performance measurement in a divisionalised organisation
- Effective performance management in a divisonalised context
Linking corporate performance to reward
- Linking personal performance and strategic delivery through performance monitoring
- Developing goal congruent reward systems