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Quantifying Impact: Navigating Business Performance Metrics | Craig Schiff

Quantifying Impact: Navigating Business Performance Metrics | Craig Schiff

FromThe CFO Show


Quantifying Impact: Navigating Business Performance Metrics | Craig Schiff

FromThe CFO Show

ratings:
Length:
50 minutes
Released:
Mar 19, 2024
Format:
Podcast episode

Description

When it comes to metrics, less is more. Our host, Melissa Howatson, is joined by Craig Schiff, Founder and CEO of BPM Partners. A pioneer in Business Performance Management, Craig helped create and define the field as it evolved from generic business intelligence and analytic applications into BPM.In this episode, we unpack the crucial components — dashboards, scorecards, KPIs, and metrics — that drive business performance management and strategic business success. We discuss the mismatch between technological progress and the slow evolution of organizational processes and culture in performance management. This conversation is filled with practical advice on navigating the complexities of business performance metrics and creating synergy between strategy and execution. Discussed in This Episode: The challenges of today’s performance management and business metrics.How the Office of Finance can take the lead when it comes to performance culture within the business.Differences between dashboards, scorecards, KPIs, and metrics.Common pitfalls companies face, from static approaches to KPI development to internal political resistance that hinders strategic execution. How to align business strategies with performance measures and foster a productive and enjoyable work culture.
Released:
Mar 19, 2024
Format:
Podcast episode

Titles in the series (28)

Finance leaders are taking on more than ever in this time of rapid change, from driving strategic innovation to business transformation. But how can you do all that while protecting the financial health of your business?The CFO Show, hosted by CFO Melissa Howatson, offers sharp, timely commentary on today’s biggest finance and business issues from her unique point of view. Join us for conversations with finance visionaries and business leaders as they navigate risks, address messy organizational challenges, and share hard-learned expert advice. The CFO Show isn't just another finance podcast; it's your catalyst for finance transformation.This series is brought to you by Vena.