Overview
In today’s economic environment effective execution of business strategy is more important than it has ever been. According to one of the studies, more than 35% of shareholder valuation decisions are based on key performance measures with strategy execution and management credibility being the two top ranked factors. Organizations that use sound practices for business performance management have achieved an average annual ROI of 22% vs.13% for those organizations not using such sound frameworks and practices.
A vital enabler in achieving this is the ability to link strategy with measurable performance. 70% of the organizations are not able measure performance adequately and manage the improvements quantitatively towards the business goal achievement.
This webinar aims at sharing insights on how Organizations and Leaders can proactively setup a framework for Business Performance Management using CMMI® High Maturity practices that would enable them to manage the organization’s performance towards meeting business objectives.
CMMI® is a comprehensive process improvement model with a collection of best practices from the industry. CMMI® High Maturity (Maturity Level 4 and 5) practices are a collection of advanced best practices that enable organizations to quantitatively manage work and perform optimal continuous improvement.
Benefits
The webinar will help the participants:
- Develop an insight on critical elements of Business Performance Management and CMMI® High Maturity best practices framework
- Defining and maintaining business strategy and objectives quantitatively
- Identifying organization’s performance shortfalls and most effective areas of improvement
- Continually improving processes in achieving business objectives
- Quantitatively evaluating the effects of improvements towards the business goal achievement
- Set a business performance management oriented measurement framework in their organization
- Identify with high level usage of most effective techniques like Balance Score Card and Hoshin Kanri for Business Performance Management within a framework based on CMMI® High Maturity practices
Webinar Outline
The webinar would cover the following main areas:
- CMMI® High Maturity practices towards business performance management and optimal continuous improvement
- Essential areas of business performance management
- Popular techniques used in setting up business performance management framework based on CMMI® High Maturity practices
- Samples and examples from best practice implementations of managing business performance using CMMI® High Maturity practices
Who Should Attend
This webinar would be useful for:
- Business/Group/Division Leaders
- Representatives (Quality Teams/SEPG/SQA/Project Managers) of organizations planning to adopt CMMI® High Maturity Levels 4 & 5
- Quality Managers/Quality Leads/SEPG/SQA involved in process improvements based on CMMI®
Pre-requisites
- Familiarity with CMMI® DEV or CMMI® SVC model structure (basic understanding of Maturity Levels and Process Areas at all Maturity Levels)
- Basic understanding of Project Management and Measurement Systems
- Note: This is not a mandatory pre-requisite but desirable
Suggested Pre-Readings