Analytics-Based Enterprise Performance Management

Speaker : Gary Cokins

Date: Thursday, March 14, 2024 | Time: 12 : 00 PM EST | Duration : 90 Minutes

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); lean and Six Sigma quality management for operational improvement; and resource capacity spending planning.

3 KPIs to prioritize, align your budget with, and get ERM right

  • Key Takeaways:
  • How well do our managers and employees understand our executive team’s strategy?
  • Are we measuring the right metrics?
  • Do we measure non-product channel and customer costs to report profit or loss by each customer?
  • How effective is our annual budgeting process?
  • Does its benefit exceed the costs to produce it?
  • Is the budget out of date within a few months after it is published?
  • Do experienced managers “pad” their department’s budgets?
  • Is consolidating cost center budgets bottom-up cumbersome?

Join Us Live

This presentation will describe how to complete the full vision of analytics-based enterprise performance management.

SIGN UP NOW