- Duration: 4 Days
Course details
Business Performance Management Metrics: The Blueprint for SuccessWhy are we not achieving our goals? To what degree do extreme events impact us? Performance management answers many of these types of questions. It is not sufficient to implement a performance improvement project today. What is needed is an effective and efficient way to achieve continuous improvement through the skillful use of performance measures. The successful deployment of a performance measurement, management and reporting system is a key component of the tools needed for success.
From strategy to operations, performance is at the core of management focus today. More than just financial measures, quantitative, qualitative and semantic measures have emerged as critical to success today. Measures and measurement systems form the foundation of returning value to investors and owners of an enterprise. As a result, the improvement of performance is one of the significant tasks of managers today. Successful performance management achieves a lean and more flexible enterprise that returns best results.
This workshop includes a perspective of using measures to understand the past, the current and the possible future performance of the organization. More current management disciplines and approaches for performance measurement are covered in some detail with examples.
Developing performance management skills depends on hands on experiences along with core performance concepts. Participants can use the workshop learning experience as a performance improvement template in their organization.
Prerequisites:
A laptop is required and must allow installation of software.
Certification Requirements
All course attendees must meet minimum testing standards including in-class exercises to receive certification (75% is the passing grade).
By attending this highly beneficial course, delegates will:
- Apply analytics to tease out improvement opportunities
- Understand the role and use of metrics in successful management
- Select the metrics that are most appropriate for improving performance
- Distinguish between strategic performance and operational performance
- Analyze the metrics to produce the most likely successful direction to take
- Describe the need for baseline measurements as a means of assessing improvement success
- Explain the difference between alternate structures of metric analysis like business intelligence and performance management
- Efficiently gather metrics material for performance documentation
- Explain why measures are important to assessing return on investment for improvement
- Demonstrate how to identify productivity improvement opportunities
- Describe how metrics context provides a useful measure of risk and change for improvement
Job roles this course is suitable for:
Business Planners , Performance Analysts , Process Analysts and Managers , Strategic Planners , Strategic Planning Specialists , Quality Managers , IT Specialists , Business AnalystsCourse Location
About Innoverto
Innoverto has been providing executive seminars and training programs both as open enrollment courses and customized in-house courses all over the world for soon a decade.
Top leaders choose Innoverto for their training requirements. The courses are developed by experts in their field coupled with the highest standards of experiential learning techniques and certified by third party accreditation centers or leading academic institutions.
Innoverto strives to empower professionals with skills, knowledge and best practices so that they can take their vision higher and effectively improve the performance of their organisations. We are known for always bringing a practical approach such as recent business case studies and attendees will walk away with practical tools such as sets of templates and other materials that they can take back to use in their own organisation.
Training with Innoverto – Public or Customized In-house
All trainers at Innoverto are selected with quality and experience in mind. As such, the trainers delivering Innoverto courses and training programmes are both talented facilitators and experts in their fields of instruction. There are no beginners. Courses are available at both a general and advanced level on topics such as:
- Administration
- Artificial Intelligence
- Contracts & Tenders
- Digital Transformation
- Data Analytics
- Innovation & Strategy
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- Management Development
- Negotiation
- Operational Excellence
- Procurement
- Public Speaking & Communication
- Retail
- Sales Skills & Marketing
- Supply Chain Management
- Team-Building
- And more
In-house training and consultancy
Innoverto has extensive experience in working collaboratively with clients and expert consultants to deliver tailored programmes that meet company-specific objectives. Their in house training solutions are available in a variety of formats, including:
- Executive tailored training – customized to your business or industry to meet your business goals
- Blended solutions – combining psychometric testing, pre-course assessments, one-to-one coaching, needs-analysis and stakeholder interviewing
- Consultancy – blending knowledge transfer and thorough analysis of your business or organisation and action plan for implementation
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