How to Evaluate and Improve Organizational Performance using CAM-I’s Performance Management Framework
The constant demand for improved strategy execution, even more relevant in today’s business environment, has led to an increase in expectation around the management and improvement of organizational performance. Recognizing these challenges, research conducted by CAM-I’s Performance Management Interest Group led to the development of a standardized and integrated Performance Management Framework (PMF) applicable to both private and public sector organizations.
This 3-hour interactive workshop (delivered on-line or in-person) demonstrates a proven methodology for implementing CAM-I’s Performance Management Framework (PMF) in your organization within a 2-day timeframe.
Better Planning and Budgeting using CAM-I’s Closed Loop Methodology
This is an invitation to attend a 3-hour interactive workshop (delivered on-line or in-person) demonstrating CAM-I’s Closed Loop activity-based planning methodology applicable to all industry sectors. Organizations following these best practice methodologies are recognized today as leaders in their fields. This workshop will inspire you to make costing, planning, and budgeting a mission-critical value-added process in your organization.
Key aspects of the workshop
- Advanced casework using a practical case study and Excel worksheet.
- Learn how to implement the Closed Loop methodology for activity-based planning.
- Demonstration of current activity-based planning software.
- Instructors are subject matter experts and certified implementors.
The pace of market changes makes target achievement seemingly impossible. Product life cycles continue to shorten. Customers expect product customization, high quality, and increased innovation, all at an affordable price. Globalization has introduced new competitors and giving existing ones a new edge. Achieving cost targets in this environment appears an insurmountable task. This helps in the areas of Design-to-cost, Goal Setting Theory, and simulation. This has been used by for successful product development and maintaining targeted market share which include organizations like The Boeing Company, Toyota, Honda, Whirlpool, Dresser-Rand, Caterpillar, Harley-Davidson, Chrysler, Allied Signal, Texas Instruments, Eastman Kodak, IBM, US Coast Guard, Eastman Chemical, Emerson and Johnson Controls.
Value analysis helps organizations focus their product development activities on areas which provide the greatest customer value.
- the allocated cost of meeting each customer requirement is proportional to its importance.
- Identify what the customer wants, defined at the product’s functional requirements.
- Direct spending to product development areas that are most valued by the customer.
- Conversely, spend less in areas least valued by the customer.
Integrated Risk and Value Management
Interactive, practical training to understand the risk-value framework, enterprise risk management, and how an organization can take on measured risk to maximize enterprise value.
Explore CAM-I’s risk-value framework, modifying existing thought and practice to enable organizations to maximize value by optimizing risk. Robust organizations know how to take on measured risks that boost returns to stakeholders.
- Enterprise risk management in theory and using examples from real-world operations.
- Intersection between risk appetite, organizational culture, and decision-making.
- Crafting and applying a risk appetite statement using an organization’s values.
- Methods of risk identification, analysis, and prioritization.
- Controlling high-priority risks and leveraging opportunities in the context of the risk-value curve.
Supply Chain Management
Activity Based Costing and Activity Based Management
In the mid 1990’s, ABC expanded to include ABM as a management tool and became popular among service industries. Today, Activity-Based Management is one of the 25 most popular tools and included in Bain & Company annual survey. The CAM-I Cross - CAM-I developed a standard for the Implementation of Activity Based Costing. The CAM-I Cross is widely used in public and private sector organizations to understand cost, its drivers and optimize the cost/performance trade-off helping in transformation. A methodology to calculate the cost of activities (such as train employees) and cost objects (such as products, services, and customers). Focus is on the management of activities as the route to improving organizational process, performance and value received by its customers. The result can be used for effective decision making and understanding the relationship between organizational cost and organizational value and increasing efficiency.