Track: Corporate Finance and Capital Structure

Relevance in Performance Measurement: Hitting Your Goals by Knowing What Matters

Wednesday, October 22, 2008
9:00 a.m. - 10:00 a.m.
Room: 408 A

This session outlines a bold new approach to strategy setting and performance management that lets you pick out the facts most relevant to your strategy from large amounts of conflicting performance data. Laying the foundation for vastly simplified management reports, this sesssion will lay out an integrated three-step method to find which performance measures matter for effectively running your business.

Speakers:

• David P. Apgar
  Director, Investment and Risk Strategy
  Blue Orchard Finance

Objectives

• Fix company balanced scorecards and cut company performance dashboard from dozens or hundreds of indicators to fewer than ten
• Determine what?s worth forecasting
• Resolve the problem of chasing goals that seem arbitrary
• Reallocate management talent to key performance challenges

Pre-Requisites

• Basic management reporting or performance measurement

Take-Aways

• Methodology to identify factors that have the largest impact on business growth and efficiency
• Roadmap to separate endogenous from exogenous variables that affect business performance

CPA Field of Study: MAS