In a recent survey we conducted at the University of Michigan
Business School, we concluded that managers want a better means of understanding
how and if their actions help create value for their organization as a
whole. Specifically, these managers are seeking a superior method for
measuring what really matters. Are you?
Now you can learn more about the Measure Network, directly from one
of its creators, Measure.net founder Greg Reilly. Our Value Focused
Measurement program teaches attendees to define a single focus on
value creation and shows participants how to develop the metrics that
will effectively monitor their organization’s ability to deliver
value-creating results.
New Management Challenges
How is your business changing in these uncertain times? An improved performance
measurement system can provide better understanding of objectives, improved
clarity of process capabilities and ongoing monitoring of organization
success for a wide variety of changing business situations
- Entry into new markets
- Development of business partnerships
- New management initiatives
- Layoffs and cutbacks
- Outsourcing a function
- Restructuring or consolidation
- Pressure from poor performance
Can Your Organization Measure Its Ability to Create Value?
If you have ever tried to define performance metrics for your organization,
you know what a challenge it is to select effective measures that target
the most critical facets of performance. The mistake made by most organizations
is too much focus on the measures, and not enough focus on the underlying
information needed by managers. To measure value creation, you must first
determine how the organization creates value!
Who Should Attend?
- General Managers
- Operations Executives
- CFOs
- Management Accountants
- Strategic Planners
- Consultants
- Quality Directors
- Measurement Specialists
- Chief Information Officers
Course Highlights
Value Focused Measurement is organized around an iterative three stage
process of metrics management that can be applied by participants after
they leave the course:
- ANALYZE – Understand the characteristics and importance
of an effective performance measurement system and learn techniques
for evaluating the quality of existing metrics
- DESIGN – Learn how to define value components,
map processes, determine key process characteristics, describe critical
relationships and identify performance measures.
- EXECUTE – Discover strategies for defining and
capturing data, calculating results and communicating performance information
in a timely manner to managers who need it.
Benefits
- Cut costs and improve productivity by better allocating
and coordinating scarce resources
- Capture and keep customers by reacting quickly to market
changes which require adjustments to strategy, deliverables and process
activities
- Provide line-of-sight linkage for employees to the
ultimate goal of the organization – value creation for stakeholders
such as investors, customers, employees and suppliers
Contact us to schedule a custom offering
for your organization.
