EVALUATE KEY PERFORMANCE INDICATORS
Analyze performance management and control systems, including structured measurement models, analytical techniques, and system biases to discover impact on the behaviors of your team. Establish a grounding in proven measurement techniques while addressing cost-benefit issues. Employ better performance measurement systems to create a culture of planning, execution and accountability.
Upcoming Sessions
WHAT YOU'LL LEARN
Operational Control
- Performance management systems
- Identify the elements of effective performance management and control systems
- Evaluate the output of systems that report cost and profitability performance in a moderately complex operation
Effective Budgeting Systems
- Describe the operation of an effective master budgeting system
- Analyze and interpret budget-actual variances and assess responsibility for them
- Human dynamics of budgeting
- Design a balanced scorecard performance management system for a business unit
Metrics Related to Performance
- Analysis of variances
- Effective performance metrics
- What gets measured is what gets done
- Challenge ineffective or inefficient metrics
- Evaluate effective and ineffective KPIs your organization uses and discover how they affect the behaviors of your team, good and bad
ATTENDING THIS COURSE
Individuals
Individuals
This course is appropriate for individuals who seek deeper understanding of financial concepts and how they relate to business operations.
Teams
Teams
Organizations often send pairs or small teams, to support the launch of new initiatives.
Requirements & Credit
Requirements & Credit
There are no prerequisites for this course. Participants earn 1.4 CEUs and/or 14 CPEs for this course, as well as a certificate of completion. Our classes are available for university credit. Please contact us for more information.
Become a Better Leader
What I've learned at Texas Executive Education helped me to become a better, more attentive leader, and a better manager for my team and business. It's helped me understand nuances and apply theory to real life situations I encounter every day.
Brian Lendecky
Brian Lendecky is a Senior Lecturer in the Department of Accounting at The University of Texas at Austin. He joined the department in 2006 and teaches Financial Accounting, Cost and Managerial Accounting, and the Tax Practicum course, the latter winning a 2008 Governor’s Volunteer Award from Governor Perry and a 2011 Tower Award.
Instructor
Demonstrate Your Expertise with a Certificate
REIMBURSEMENT OPTIONS
Learn more about course credits and options for course reimbursement. Get tips on the best way to approach your manager and download a customizable template to facilitate making the ask.
COURSE LOCATION
In person courses take place at the AT&T Executive Education and Conference Center and adjoining Rowling Hall on the UT campus in Austin. These world-class facilities provide a comfortable and convenient learning environment, with direct access to the 40 acres of campus and within walking distance of downtown Austin. Live online and on-demand course options are available for many courses.
Related Courses
Financial Strategies for Value Creation
Finance and Accounting for Non-Financial Managers
MAKING SENSE OF FINANCIAL METRICS
Simple approaches can determine how much value a firm is creating by looking at its financial statements.
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