Integrated performance management: A framework to inspire success
New research from AICPA & CIMA, together as the Association of International Certified Professional Accountants, and the World Business Council for Sustainable Development (WBCSD) found a disconnect between the way leaders operate in day-to-day business and the long-term strategic initatives that keep businesses relevant and competitive amid constant change and transformation. Peter Spence, associate technical director of management accounting at AICPA & CIMA, and Andy Beanland, a former consultant with the WBCSD, provide further insight into why business strategies are becoming increasingly complex, and why a holistic, adaptive approach to performance is necessary to set businesses up for long-term success in an era of disruption. Resource page AICPA & CIMA What you’ll learn from this episode: § How integrated performance management can help drive better business decision-making. § Some of the reasons businesses today may fail to fully execute their strategies. § Why silo mindsets make for weak management systems. § Analysis of the differences between weak-matrix and strong-matrix management systems. § The importance of adaptability and innovation in an era of change. § How to create a performance culture that engages workforces.
Integrated performance management: A framework to inspire success