Corporate Performance Management (CPM), Strategy Map and Balanced Scorecard

Learning Objectives

• To provide an overview of all of the corporate performance management (CPM) methods.
• To understand the origins of the balance scorecard.
• To learn how to design a strategy map.
• To learn how to define appropriate key performance indicators (KPIs).
• To determine how to apply targets of KPIs for motivation and incentives.

Course Description

Corporate performance management (CPM) is an umbrella term that describes the methodologies, metrics, processes, and systems used to monitor and manage the business performance of an enterprise. You can think of corporate performance as the collaborative accomplishments, successes, and failures of an organization. Corporate performance management (CPM) is now viewed as the seamless integration of managerial methods such as strategy execution with a strategy map. Once implemented it links the strategies of an organization to their plans and execution, therefore helping organizations succeed.

This free online CPE webinar for CPAs covered the following key topics: 

• Companion balanced scorecard (KPIs)
• Enterprise risk management (ERM)
• Driver-based budgets and rolling financial forecasts
• Product, service-line, channel, and customer profitability analysis (using activity-based costing [ABC] principles)
• Customer lifetime value (CLV)
• Lean and Six Sigma quality management for operational improvement. 

Each method should be embedded with business analytics and especially predictive analytics as a bridge to prescriptive analytics to yield the best (ideally optimal) decisions.

Join this Online Webinar to view corporate performance management (CPM) as the seamless integration of managerial methods rather than as a single process

Click for more webinars on Accounting & Auditing | Finance 

Overview

• Who will Benefit from these 4 courses?

  5 mins
• What has Caused Interest in CPM?

  17 mins
• Strategy Map and Balanced Scorecard Books

  30 mins
• Cascading KPIs and Dynamic Strategies

  44 mins
• CPM is Circulatory and Simultaneous

  64 mins
• Why is the adoption rate so slow? What are the barrier categories?

  83 mins