Description

Financial performance management will teach you the skills you need to enhance your value within your enterprise.
How do others evaluate your performance? Obviously, by checking whether you reach the annual objectives you set yourself. However, on a day-to-day basis, your performance is also measured in terms of the quality of your decisions: Do they have a positive impact on your unit’s results? Do they create value for the company? To attain this kind of performance, you have to optimise your activity’s results and make sure you are creating value for the company. Want to know how to go about it? Then follow this training course! Firstly, you will learn about management control tools, representing every manager’s “toolbox”, to clearly identify the economic and financial impact of your decisions, and to steer their implementation in real time. Next, you will acquire the basic responses inherent in value-creating management. This mainly consists in making sure the profit you make goes beyond merely covering the capital you mobilise (premises, equipment, inventory, trade accounts, etc.).

Upon completing our financial performance management course, you will be able to:
• Analyse your activity’s key figures
• Establish an operating report of your activity
• Identify your levers for creating value
• Measure the economic and financial impact of your decisions
The benefits of this course for you and your company:
• You will understand the reason behind the efforts asked of you in terms
of performance
• You will be able to incorporate your daily actions in the framework of the
company’s strategy
• You will be able to evaluate your activity’s economic and financial performance

Outline

Learning plan
Evaluating your activity’s economic performance
• Understanding the purposes of management control
• Identifying the nature of your responsibility centre and evaluating its performance
• Understanding the logic of transfer prices and their impact on the creation of value
Creating your operating report according to your
company’s strategy
• Knowing your company’s strategy
• Identifying the pertinent indicators for your activity
• Establishing an operating report of your activity
Managing the creation of value in your activity
• Measuring the value you create
• Identifying the key factors for the financial evaluation of your activity
• Managing with value creation levers

The Mentored Action Learning™ pedagogical method
• Real application of knowledge, because the learner conducts a mission during
the course
• Preparation of the mission and feedback on the experience, under the guidance
of a certified trainer
• CrossKnowledge’s online tools and contents, developed with the world’s best
experts in management and used in the leading business schools
• Measurement of the growth in skills obtained

Additional Info

Languages

English, French

Course Length

40.00 hours

Duration of Access

3 months

Instructor

Prerequisites/Audience

This course is intended for:
• Business Unit (BU) managers
• Managers of permanent teams or projects

Requirements/Materials Included