In preparation for the above tour, I have reconfigured my KPI approach to three phases. The three phases still incorporate the original twelve steps of the first edition of my KPI book, but mean it is easier for the KPI team to see the bigger picture. The one day workshop has also been restructured to […]
I have run webinars for ACCA before to improve the month-end, planning and forecasting processes and thus it is appropriate to now address timely annual reporting.
Participants will receive a comprehensive checklist and an invaluable course papers for practical reference. This webcast will cover:
the need for change
getting organised with use of better practice and […]
Stephen Covey in his book First Things First observes that great leaders appear less stressed and seem to have more time on their hands than the rest of us. He drew a time-management diagram, pointing out that far too often we are firefighting in the ‘urgent and not important’ quadrant. We should instead allow such […]
The pursuit of growth through takeover or merger (TOM) has made a small, select group of executives, investment banks and consultants very wealthy while diminishing the wealth of a vast number of shareholders. Why do so many TOMs fail to deliver the perceived synergies and cost savings?
Synergies. First of all, the synergy calculations are […]
The belief that the month-end report is useful. It is too late to change anything, the horse has bolted, and management should know the number if they have been provided with key daily and weekly information. The M/E finance report should be a one pager (A3).
The belief that there is a magic number to aim for. Accountants […]
Three reasons why your finance team should be exposed to 21st century lean practices:
Save over 30% of the finance team’s workload within three months of attending the workshop
Expose your team to the latest lean finance team practices from David Parmenter’s latest book
Receive 100 page cutting edge toolkit with electronic media to speed […]
Recently, I wrote an article “Time’s Up” for ACCA Global. It was about time management and it clearly struck a chord, due to the higher than normal correspondence with readers. Here is an extract:
Stephen Covey in his book First Things First observes that great leaders appear less stressed and seem to have more time on […]
I have been writing about performance measures for more than 20 years. In all that time, I have only witnessed minimal advances in the way companies go about using them. All too often, the assessment of measures are treated as an afterthought.They are regarded as a box-filling exercise to demonstrate that we have achieved a […]
There is a major problem with reporting. The writers often do not understand enough about the science of reporting. In addition, too many reports have been prepared monthly, which is far too late for prompt action. The reporting framework used in an organization must accommodate the requirements of the different levels in the organization board, […]
Many organizations that have operated with key performance indicators (KPIs) have found the KPIs made little or no difference to performance. In many cases this was due to a fundamental misunderstanding of the issues. Organizations often begin to develop a KPI system by immediately trying to select KPIs without the preparation that is indicated in […]