Introduction
Most key information flows pass through the finance function. Yet reporting by finance is primarily directed towards financial outcomes (representing a snapshot in time) rather than non-financial business drivers of those outcomes along with trends, causal factors and recommended remedial actions. Effective management decisions can only be taken, not as a “kneejerk” reaction to the financial outcomes, but, by understanding and managing the non-financial drivers of them. This course looks at how the finance function can add huge value through more intelligent measurement and reporting.
About this webinar
- What makes a performance measure great? - Turning Management Information into Management Intelligence
- What do managers want and need in reporting?
- Having a cause and effect understanding of key business drivers and the resultant financial outcomes
- Combining financial and non-financial measures – scorecards and dashboards
- Ensuring coherence of measures and avoiding unintended consequences
- Identifying and overcoming organisational and human barriers to effective measurement.
An understanding of how we can best use the knowledge and data available to us in creating truly effective performance measurement frameworks and compelling management reporting.
Who should attend
Finance directors, financial controllers, finance analysts and any finance staffs whose responsibilities bring them into contact with reporting and/or performance measurement.
Speaker
John McKenzie