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Goals
For its strategy to be successful, an organization must execute it effectively. For that purpose, driving performance systems help managers ensure that their decisions and results are consistent and aligned with their organization's strategic objectives and key success factors. Participants will develop their ability to design an integrative approach to performance management and measurement, addressing how the organization is structured and decision-making is allocated, how performance is measured through financial as well as non-financial key performance indicators (KPls), and how performance measurement systems affect behaviors and decisions.
The learning objectives are the following:
- Assess and recommend the organizational structure and control mode that effectively allocate decision-making.
- Drive performance through financial indicators and variance analysis.
- Drive performance through non-financial KPIs
- Identify behavioral effects of performance measurement.
Highlights
- An integrative approach that includes the allocation of decision-making, the selection of relevant financial as well as non-financial key performance indicators (KPls), the awareness of behavioural effects.
- Experience sharing: you will use and share your experience in a teamwork on a “driving performance” topic. You will join a group of Participants of the Executive MBA, formed of participants coming from multiple companies. You will benefit from the others experiences and diversified backgrounds and industries.
- A multidisciplinary pedagogical approach: The acquisition of concepts is based on readings, lectures, case studies and discussions. In addition, you will analyze the performance driving system of a business unit that you know and work in a team on a «Driving performance» topic.
Profiles
Managers, controllers, who are concerned with the implementation of performance driving systems, and the alignment of decisions with strategic objectives
Programme
- Identify the strengths and weaknesses of different organizational forms.
- Allocate decision-making to appropriate responsibility centers.
- Determine the control modes that can be implemented to drive performance and align behaviors and decisions.
- Calculate and break variances down.
- Interpret variances relatively to strategic objectives.
- Identify the limitations of financial-only performance measurement systems.
- Determine performance indicators that are consistent with strategy and key success factors.
- Design and adapt a Strategy Map and a Balanced Scorecard in a given strategic context.
- Identify the effects of performance measurement systems on motivation, and decisions, and managerial performance.
- Assess the impact of interdependencies and transfer pricing on managerial performance.
Figures for 2023-2024 :
- Net promoter score: 55
- Participant satisfaction (course): 4.7/5
- Success rate: 96% (February 2024 jury)
Last updated on 03/30/2024