Performance Management and Control
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Full disclaimer.Description
Discuss fundamental performance management and control systems.
Analyze fundamental performance management and control systems, including structured measurement models, analytical techniques and system biases. Establish a firm grounding in proven measurement techniques while also addressing cost-benefit issues. Employ better performance measurement systems, challenging ineffective or inefficient metrics, and create a culture of planning, execution and accountability.
Finance & Accounting
Examine the processes and practices of accounting and finance to gain a robust understanding of the part you play.
Two-Day Concentrated Program
Registration begins at 8:00 a.m. and class runs 8:30 – 4:30 both days with a one-hour networking lunch included.
Austin, Texas
Enjoy proximity to the vibrancy of the campus and downtown Austin, and the innovative, business-friendly environment of the city.
Benefits
- Identify the elements of an effective performance management and control system
- Evaluate the output of systems that report cost and profitability performance in a moderately complex operation
- Implement a system of strategic and operational control including belief, boundary, diagnostics and interactive controls
- Describe the operation of an effective master budgeting system
- Analyze and interpret budget-actual variances and assess responsibility for them
- Design a balanced scorecard performance management system for a business unit
Topics
- Operational control
- Performance management systems
- Effective budgeting systems
- Analysis of variances
- Human dynamics of budgeting