CIMA Sri Lanka in its endeavour to promote continued professional development amongst its members and the corporates announces a special seminar on 'The next strategy paradigm'
Strategic performance measures monitor the implementation and effectiveness of an organization's strategies, determine the gap between actual and targeted performance and determine organization effectiveness and operational efficiency.
Most of us have come across various versions of the standard performance measurement cliches: "what gets measured gets done," " if you can't recognize success, you can't learn from it; if you can't recognize failure, you can't correct it," "if you can't measure it, you can neither manage it nor improve it," but what eludes many of us is the easy path to identifying truly strategic measurements without falling back on things that are easier to measure such as input, project or operational process measurements.
Several performance measurement systems are in use today, and each has its own group of supporters. For example, the Balanced Scorecard, Performance Prism, and the Cambridge Performance Measurement Process are designed for business-wide implementation; and the approaches of the TPM Process, 7-step TPM Process, and Total Measurement Development Method are specific for team-based structures. With continued research efforts and the test of time, the best-of-breed theories that help organizations structure and implement its performance measurement system should emerge and has emerged.
Dr. Dieter Kotte |
Dr Dieter Kotte, CEO & Partner, Causal Impact; CEO & Partner of the Joint Business Research Group will lead the seminar that will discuss the next paradigm in performance measurement.
This seminar offers a fresh start to how management strategies should be systematically designed, tested, implemented and monitored. Innovative and hands-on Business-Intelligence (BI) approaches applicable to a wide range of corporate sectors and industries will be explained and evaluated.
articipants will have the opportunity to learn about new and more fool-proof ways of strategic performance enhancement: state-of-the-art causal modelling - made in Germany. Easy to use it is the only BI-approach which allows a simultaneous look at all KPIs relevant to many typical strategic issues in today's challenging corporate world.
Content of the seminar will include an overview of strategic management approaches (e.g. Balanced Scorecard, MIS); introduction to the notion of causality in corporate and organizational settings; identifying and quantifying the factors which impact on KPIs, ROI or turnover; strategic causal analyses, strategic causal modelling, benchmarking, monitoring & evaluation; international examples of causal models applied in different industry sectors; strategic frameworks, actual performance enhancement; benefits and limitations; options for strategic performance enhancement at the participants' companies
This one day workshop is scheduled to be held on Tuesday May 11, 2010 at the Galadari Hotel and is expected to attract CEOs, Managing Directors, CFOs, Financial Directors, CIOs and senior managers involved in corporate planning, MIS or strategic database management.
CIMA Sri Lanka Division says that registration for the event is limited and seats will be offered to delegates on a first come first served basis. For details on registration please contact Members Services of CIMA Sri Lanka on mastercourses.srilanka@cimaglobal.com
|
E-mail
