Why to do Performance Management?
Table of Contents of Performance Management eBook
I have No Prior Knowledge of Performance Management. Can i Still Benefit from Management Accounting eBook?
Is it Worth Buying Performance Management eBook?
What is Performance Management?
Performance Management is identifying activities critical to successful operation of business. Measuring those activities using appropriate frameworks & Performance measures, reporting areas of strengths & weaknesses, monitoring and followup any any corrective actions taken for its effectiveness in aligning performance to strategy or changing strategy itself, so the business objectives can be achieved.
Performance Management involves managing human resources, strategies, processes, resources etc. Human resource is essential part of performance management. All other areas can be managed by motivating human resources to align their internet in line with business objectives.
Why Performance Management is Necessary?
As per popular “Whats get measured, get improved”. Performance management provides early warning on the areas of weakness before it affects the financial performance and position of the business. Without measuring, no monitoring and therefore management is possible.
Human Resources, if not properly managed can create inefficiencies, frauds, skills shortages, loss of reputation and ultimately losses. In practice, many companies went into winding up due to lack of knowledge and skills to manage human resources. Therefore, it is essential to spent some time and learn performance management techniques to reduce the risk of fraud, inefficiencies, skills shortages, loss of reputation and losses.
If you have not enough budget or want save fee to hire a human resource manager/consultant, then you can choose to do it yourself. However, even if you hire human resource manager/consultant, then you must have suitable knowledge to find suitable employee/external consultant, collaborate and review his/her work effectively. It is always advisable to obtain expert opinion, as incorrect Performance Management is one of the key cause of business failure.
Following are the table of contents for Performance Management eBook that you can use to Management Performance of your own business. As you are better aware of the environment and business processes and challenges involved in your business.
Table of Contents for Performance Management eBook
- Activity Based Costing
- Life Cycle Costing
- Target Costing
- Throughput Accounting
- Environmental Accounting
- Relevant Costing
- Short Term Decision Making
- Cost Volume Profit Analysis
- Pricing Decisions
- Linear Programming
- Risk & Uncertainty In Decision Making
- Learning Curve Theory
- Budgeting Systems
- Types Of Budgeting
- Basic Variance Analysis
- Mix & Yield Variances
- Planning & Operational Variance
- Financial Performance Measurement
- Non Financial Performance Measurement
- Transfer Pricing
- Behavioural Aspects Of Performance Measurement
Performance Management eBook provides knowledge from zero. It assumes that reader has no prior accounting background. It is suitable for small & medium sized entities and entrepreneurs wishing to manage business more efficiently and effectively.
Performance Management is complex subject. Therefore, it simplifies the complexity by providing real life examples and diagrams. It explains the pros & cons and circumstances in which each performance management strategy and techniques would be useful taking account of factors, such as cost, duration, suitability, risk, flexibility, feasibility etc. Therefore, you can choose best strategy according to your circumstances and risk appetite.
In addition, as a part of good practice free forums support is also available to readers of free or paid management accounting ebook to ask for any clarifications needed regarding contents inside management accounting ebook. It is to ensure readers get 100% maximum possible benefit from reading the book.
Is it worth buying Performance Management eBook?
You can download free ebook to make yourself satisfy that the investment in Performance Management eBook exceeds benefits. It is among one of the advantage you have by purchasing from ACCASUPPORT.COM that you are certain about the quality and quality of benefits from an eBook and start receiving benefits before purchasing ebook.
The cost of purchasing the Management Accounting eBook is just one off. However, it will make you increase your earnings many fold till perpetuity due to more effective strategies and time and cost reduction achieved by eliminating non-value added activities.
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- Author: Murtaza Lanewala
- Full Performance Management eBook (Pages: 370)
- Free Download (Pages: 125)
- Read Online
- Buying Price ($
52.99) only $4.99
- 60 Days ClickBank Unconditional Money Back Guarantee
No DRM Protection:
Performance Management eBook does NOT have any DRM protection to enforce copyrights. It is completely printable and allows sharing of Performance Management knowledge organization wide. Persons involved in sales, marketing and purchase needs to be aware of Performance Management techniques to understand the reports delivered by management accountant and take appropriate decisions such as accept/reject customer orders, selection of suppliers, pricing, duration of contract etc.
Performance Management eBook is specially designed for e-reader.
ACCASUPPORT.COM does not have to maintain any stock. ACCASUPPORT.COM updates these ebooks as new accounting techniques and frameworks are developed.
As a part of good practice, ACCASUPPORT.COM provides new volume of these ebook free of any additional cost to existing members.
Performance Management ebook provides clickable cross-references to enable readers to quickly and easily reach to relevant place in an ebook. Colors are used to enhance understanding of technical points of theory.
Other features are Printer Friendly, Mobile Friendly, Annotation, Contrast Colors & Background, Read Out Loud, Eco Friendly etc.