CFI CBCA Assessing Management Questions With 100% Correct Answers.

Questions for Management - Microsoft Word Doc Course Objectives - 1. Structured Approach to Assessing Management 2. Management Attitudes 3. Assessing Strategy & Business Plan 4. Assessing Track Record Course 1 Objectives - 1. Why Assess Management 2. Why Use a Scorecard 3. Multi Criteria Analysis 4. How & Where to Find Quantitative and Qualitative Data Why Should We Assess Management? - -We have a tendency to focus on financial issues rather than management issues -Businesses often fail as a result of management weaknesses, compared to any other single factor -Management competence is a key driver of business results -We can't just judge a business purely from financial management, the leadership team has to execute the plan Why Use a Scorecard? - -Business performance should be measured from the perspective of strategy implementation, in addition to financial results -Organizations need a balanced set of financial and non-financial performance measures and targets -A balanced set of performance measures will ensure that the entire organization participates in strategy implementation and should include: Building Thing - -Performance measured from perspective of strategy implementation -Financial Strategy Management Customer Financial and non-financial performance measures and targets-Financial ; Strategy ; Management ; Customer Example Scorecard Measures: Mission and strategy centered around... - Financial Customers Strategy Management Customers - • Reviews • Net Promoter Score (NPS) • News and media articles Financial - • Sales growth • Operating margin • EPS • ROCE/RONA Strategy - • Detailed roadmap • PEST analysis • Performance levels • Employee satisfaction Management - • Planning • Growth • Risk • Ownership Assessing Management FrameworkStructured Approach -> Multi-Criteria Analysis - Attitudes / Character Strategy (Look Forward) Track Record (Look Back)