Helping organisations measure, report, and improve performance
Featured White papers For Sale
David Parmenter sells a number of white papers based on ‘How-To Implement…’ designed for the corporate accountant who wants to make a difference. These guides give you the A-to-Z steps to implementing practices from winning finance teams. All papers are supported with additional electronic material.
Be sure to check out his newest white paper: Conquest Management - Winning Management Practices
David Parmenter’s Blog
David has his own blog over at davidparmenter.com. Be sure to leave a comment or ask any questions you have as David will respond to them on a regular basis.
David Parmenter’s Books
Key Performance Indicators: Developing, Implementing, and Using Winning KPIs
Get it from amazon.com
Pareto’s 80/20 rule for corporate accountants
Get it from amazon.com
Upcoming Workshops
For 2010, David Parmenter has confirmed speaking events in a number of countries. A full list is available here.
Kaplan and Norton in their groundbreaking work “The Balanced Scorecard” have created a process that will be with us as long as double entry book keeping which so far is over 300 years old! The BSC is not a passing fad.
Yet, in the countries I have presented in (UK,Ireland, Malaysia and New Zealand) there appear to be more failed BSCs than successful ones. Often 16 weeks becomes 16 months and the resulting scorecards do not create the promised behavioural and culture change nor is there true alignment of day-to-day activities to strategy, a delivery within the bounds of the BSC. Often the BSC is blame and yet the fault lies elsewhere!
In this workshop David revisits the work of Robert Kaplan and David Norton and shows that the missing link has been finding the measures to make these scorecards work. David has spent ten years researching performance measures and has distinguished between three different types of performance indicators. The lack of distinction is one of the areas where BSC fall down.
Once again he will be sharing some of the breakthroughs that your peers have made in this critical area. Do not be disappointed and book early.
This session will cover:
- Kaplan & Norton’s work and how it can accommodate triple bottom line reporting issues
- the importance of your organisations critical success factors (CSFs) and how to find and prioritise them
- how to develop performance measures in your CSFs
- the difference between the three types of performance measures (result indicators, performance indicator and “winning key performance indicators”)
- a 12 step implementation process and 10 essential tips on implementing a BSC
- the difference between a governance dashboard, suitable for the Board, and a management BSC.
Target Audience:
This course is designed for those organisations who want to make their BSC work better and those who are interested in developing BSCs for their organisation.
- Finance Directors
- CFOs or financial controllers,
- practitioners who provide reporting services to large organisations
- Management and financial accountants
- managers involved in BSC projects
Benefits of attending:
Upon attending you will be able to:
- recall why you need BSCs for teams, business units and for the organisation as a whole
- recall who the Board should get a dashboard and not the BSC
- revisit the performance measures in your balanced scorecard
- apply BSC formats suitable for teams, business units and the senior management team
- use a dashboard template that will revolutionise Board reporting
- recall the common pitfalls that can adversely affect BSC implementation
- identify the key steps in implementing a BSC
- explain why a BSC is relevant to your organisation.