Performance Management and Control

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