Business Performance Measurement and Work Unit Planning
In a four-part case study format of a company, participants will analyze the state of the business, including strengths and weaknesses, and then develop an improvement plan.
| Summary: | Use basic management and planning tools to develop work unit plans aligned with broader business strategies of the organization. |
| Benefit: | Managers who accurately monitor business performance and use the necessary skills to develop business plans and clearly justified budgets ensure business performance and alignment with company goals. |
Class Objectives
- Understand budget considerations with staffing
- Effectively respond to challenging business situations made evident by monitoring key business indicators
- Know how to assess and minimize risks associated with various options for actions in response to those challenging situations
- Use creative staffing to responsibly address resource requirements
Applied Skills
- Identify key business indicators to monitor business unit performance against business plan
- Implement tools to develop work unit plans aligned with the broader business strategies of the organization
- Execute workforce planning and identify job needs/deploy human resources
- Apply tools and techniques for supporting constituents with the appropriate resources
- Create and justify a budget for necessary resources that aligns with and supports
- operational plans
- Read and understand basic business financial statements and annual reports, then use them to monitor departmental performance
| Course Length: | 1 Day (7 hours of content) |
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