Business Performance Management

Dashboards and Control Structures -Identifying, Assessing, and Managing the Success of an Organisation

  • Classroom Training

Course Location

No upcoming event

Course Description

Introduction

The critical role of Business Performance Management (BPM) control frameworks as the foundation for efficient business planning and, crucially, as the process by which winning strategies can be translated into detailed operating plans that forge a strong connection with organisational operations will be the main topics of this Course N Carry Business Performance Management - Control Frameworks and Dashboards training course. Many businesses devote a large amount of resources to planning, but success comes from having a framework that allows tactical and strategic plans to be controlled, executed, and adjusted as needed to guarantee that the organization's long-term objectives are met.

You will gain the knowledge, useful skills, and effective tools necessary to convert winning business plans into comprehensive operating budgets that include important financial and non-financial performance metrics and targets in this hands-on, workshop-style training session. Along with an explanation of the best practices for using tactical and strategic dashboards to monitor and manage organisational performance, attendees will receive hands-on training where they can create and design their own dashboards.

The following will be covered in this Course N Carry Business Performance Management Dashboards and Control Structures training course: 

  • The essential forces behind an organization's success
  • How business performance is optimised via control frameworks 
  • Using business intelligence and data analytics tools
  • The creation and use of control dashboards
  • Making dashboards with Power BI and Microsoft Excel 

Goals

After completing this training programme in Business Performance Management Dashboards and Control Structures, you will be able to: 

  • Recognise the factors that lead to sustained organisational success.
  • Identify the essential phases of a framework for performance control. 
  • Create KPIs that are meaningful.
  • Use effective data analysis and forecasting strategies.
  • Create and put into use efficient dashboards and reports. 

Training Methodology

With trainings, presentations, case studies, and interactive worked examples, the course is set up as a highly engaging workshop. Each of the topics addressed is illustrated with pertinent examples and case studies, and opportunities are given to understand and apply the essential principles through exercises and real-world scenarios.

Impact of the Organization

The use and knowledge of the most recent ideas and practices for running efficient company performance management frameworks with skilfully crafted scorecards and control dashboards will be advantageous to the organisation. Particular advantages consist of: 

  • The acquisition and utilisation of "strategic thinking" abilities
  • Enhanced planning, reporting, and analytical abilities 
  • Using predictive and descriptive analytics
  • Dashboards and data visualisations to improve reporting
  • Improved assistance for important business decision-makers 

Impact on Person

The use of modern technologies for data analytics, forecasting, and reporting, as well as an increase in their understanding of innovations in business performance management, will benefit delegates. Benefits will comprise the following in particular: 

  • Acquisition of "strategic thinking" abilities
  • Useful abilities for creating performance management frameworks 
  • Current understanding of predicting and data analytics
  • Enhanced proficiency in creating dashboards and data visualisation
  • Increased degrees of participation in managerial decision-making 

Persons Who Ought to Attend?

The development requirements of a broad spectrum of business professionals from "front-line" roles as well as the essential support roles in contemporary organisations from the public, commercial, and governmental sectors will find great relevance in this Business Performance Management training course. 

A wide range of professionals can benefit from this Course N Carry Business Performance Management Dashboards and Control Structures training course, but the following will be very apparent:

  • Head office staff
  • Experts in supply chain and logistics
  • Members of the talent management and HR teams
  • Experts in finance and planning
  • Expert in both legal and commercial teams 

Course Outline

The Cornerstones of Success in Organisations

  • The factors that propel an organization's success
  • Business Performance Management (BPM): An Introduction 
  • The principles of business strategy
  • Plan, Do, Monitor, and Adjust
  • Financial strategy's function
  • Essentials of Business Finance 

Frameworks for Business Performance Management

  • Important BPM framework stages
  • Creating KPMs, or Key Performance Measures 
  • ERP (Enterprise Resource Planning) systems in addition to BPM
  • Budgeting's function in BPM
  • Processes for Adaptive Management (AMP)
  • Making use of rolling predictions 

The Functions of Business Intelligence and Analytics

  • Definitions of Business Intelligence (BI) and Business Analytics (BA)
  • Features of the data and issues with quality 
  • With Power BI and Microsoft Excel
  • Techniques for forecasting and data analysis
  • Risk management being incorporated into BPM
  • Tools for sensitivity analysis

Creating and Developing Control Dashboard Designs

  • Essential components of successful business reports
  • Selecting appropriate graphics 
  • Creating powerful data visualisations
  • Making use of dashboards as "change agents"
  • Important components of a good dashboard design
  • Useful advice for creating dashboards and scorecards.

Integration and Implementation of the Control Dashboard

  • Dashboards in action: strategic, operational, and tactical
  • Important success criteria for dashboard implementation 
  • Overcoming Implementation Resistance
  • Different strategies for dashboard software
  • The finest dashboard design components
  • Integrating and putting in place dashboards 

Certificates

On successful completion of this training course, Course N Carry Certificate will be awarded to the delegates.


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