Oct 25, 2023
New research from AICPA & CIMA, together as the Association of International Certified Professional Accountants, and the World Business Council for Sustainable Development (WBCSD) found a disconnect between the way leaders operate in day-to-day business and the long-term strategic initatives that keep businesses relevant and competitive amid constant change and transformation.
Peter Spence, associate technical director of management accounting at AICPA & CIMA, and Andy Beanland, a former consultant with the WBCSD, provide further insight into why business strategies are becoming increasingly complex, and why a holistic, adaptive approach to performance is necessary to set businesses up for long-term success in an era of disruption.
Resource page
AICPA & CIMA
What you’ll learn from this episode:
§ How integrated performance management can help drive better business decision-making.
§ Some of the reasons businesses today may fail to fully execute their strategies.
§ Why silo mindsets make for weak management systems.
§ Analysis of the differences between weak-matrix and strong-matrix management systems.
§ The importance of adaptability and innovation in an era of change.
§ How to create a performance culture that engages workforces.