Operational Transformation to Achieving Breakthrough Improvements in Financial and Operational Performance

The workshop will cover revolutionary new ways that can be immediately put to use to:

• Understand why all conventional costing methods (absorption cost accounting, activity-based costing, and time-driven activity–based costing) create inaccurate and misleading information resulting in important management decisions that contribute to sub-optimized and/or unexpected results.
• Uncover the true cost and profitability of products and services, improving performance measurement as an aid to enhance the organization’s ability to make informed decisions.
• Discover performance-improvement opportunities based on fact rather than intuition or “squeaky wheels” designed to improve Lean and Six-Sigma outcomes.
• Identify and cost organizational processes and activities — uncovering performance deficiencies based on stakeholder experiential input linked to financial and operational performance.
• Uncover new areas for revenue growth and cost management designed for dramatic profit improvement, capitalizing on an enhanced understanding of the linkages between costs, customer loyalty, employee engagement, and value creation that will supercharge your improvement initiatives.
• Eliminate unnecessary and avoidable cost/effort by understanding non-value-added and non-mission-related work content that robs organizations of their rightful competitive position.
• Unleash the organization’s potential by enhancing concentration on mission-related and value-creation work.
• Expose “hidden” opportunities to enhance financial and operational performance often missed by contemporary improvement techniques.
• Evaluate the financial viability of major investment opportunities that in the past may have been impossible to assess (e.g., major IT investments)
• Create the optimum operational response to strategic plans.