"You get what you measure -- what gets measured, gets managed." What executive won't agree with these statements?
High-performance leadership demands fact-based decision making and communication. Yet, many mid-level leaders do not possess the measurement skills they need to do this effectively. Too few things -- or too many -- get measured; many measures do not really capture what is strategically important to the business; measures are not shared effectively with employees. The result? Bad measurement practices lead to weak or ineffective management!
The Metrus Group ResponseMetrus Group offers a unique Measurement-Management Workshop designed to help managers become better fact-based leaders. The Measurement Acumen Workshop series is tailored to the specific needs and management profile of your organization, and is designed to:
- Lead managers through a probing self-assessment of their effectiveness as measurement-managed leaders
- Provide basic knowledge of the organization's business and finances
- Rapidly improve management skills related to goal setting, strategic alignment, performance evaluation, forecasting and communication
- Deepen leaders' understanding of how their jobs link to overall business objectives and how they can help to achieve them
- Measurably improve each participant's bottom-line performance
- Help participants develop better leading indicators for their most critical financial and operational results
- Metrus Group reviews and analyzes your organization's relevant performance information, including an analysis of financial trends and current measurement practices.
- Interactive discussion and hands-on analysis of the three fundamental financial measurement instruments - the balance sheet, the income statement and the cash flow statement - and how they relate to one another
- Review of key non-financial measures used in managing the business and a gap analysis against best practices
- Introduction to a technique for identifying and "mapping" the drivers of key business results
- Case studies focused on your organization's real-time issues based on pre-workshop information
- Ways to quickly improve financial results and generate additional cash for the business
- Techniques for improving performance predictability and forecasting accuracy
- Review of the workshop results at 30 to 60 day intervals
- Phone and e-mail support for six months following the workshop
- Metrus Financial Acumen Workshop
- Metrus Profit Improvement Process (PIP) that uses key measures to identify and reduce performance gaps such as high costs, insufficient revenue
- Metrus Strategic Measurement Survey to assess your measurement practice against best-in-class performance
