Analytics Based Enterprise Performance Management - Livestream

1 Day | 0.4 CEUs

Instructor

Gary Cokins

Overview:

Many organizations are far from where they want and need to be with improving performance, and they apply intuition, rather than hard data, when making decisions. Enterprise performance management (EPM) is now viewed as the seamless integration of managerial methods such as strategy execution with a strategy map and its companion balanced scorecard (KPIs) and operational dashboards (PIs); enterprise risk management (ERM); capacity-sensitive driver-based budgets and rolling financial forecasts; product / service / channel / customer profitability analysis (using activity-based costing [ABC] principles); customer lifetime value (CLV); supply chain management; lean and Six Sigma quality management for operational improvement; and resource capacity spending planning. Each method should be embedded with business analytics of all flavors, such as correlation, segmentation, regression, and clustering analysis; and especially predictive analytics as a bridge to prescriptive analytics to yield the best (ideally optimal) decisions. This presentation will describe how to complete the full vision of analytics-based enterprise performance management

The course will be livestreamed from 8am until noon ET May 22. 

What You Will Learn:

  • How to identify and differentiate strategic KPIs in a balanced scorecard and operational performance indicators in dashboards
  • How to perform “predictive accounting” for driver-based budgets/rolling financial forecasts, what-if analysis and outsourcing decisions
  • How to integrate enterprise risk management (ERM) with enterprise performance management (EPM)
  • How to imbed statistics and analytics into product, channel and customer profitability analysis
  • How to overcome implementation barriers such as behavioral resistance to change and fear of being held accountable

Course Content

Participants in this 4 hour workshop will learn:

  • How to identify and differentiate strategic KPIs in a balanced scorecard and operational performance indicators in dashboards
  • How to perform “predictive accounting” for driver-based budgets/rolling financial forecasts, what-if analysis and outsourcing decisions
  • How to integrate enterprise risk management (ERM) with enterprise performance management (EPM)
  • How to imbed statistics and analytics into product, channel and customer profitability analysis
  • How to overcome implementation barriers such as behavioral resistance to change and fear of being held accountable
CLASS CANCELLATION:

IISE reserves the right to cancel a class up to 15 business days prior to the scheduled start date

Registration Fee

Member: $195 Non-Member: $275

Course Schedule

Course ID: 3351 May 22, 2021 Norcross, GA Register