This week’s topics
Foundations of Performance Measurement
- Strategic alignment
- Stakeholder value creation
- Monitoring and control mechanisms
- Key performance indicators
- Measuring Business Performance
- CIMA E3 Strategic performance measurement
- Strategic Control: Model of Strategic Control
What you will be able to do
- 1.1 Analyse the importance of performance measurement to organisations.
- 1.2 Explain the main functions of performance measurement systems.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: analyse the importance of performance measurement to organisations.
Study materials
Videos
- Measuring Business Performance · YouTube · Galton College · 28 min · for registered students
- CIMA E3 Strategic performance measurement · YouTube · OpenTuition · 30 min · for registered students
- Strategic Control: Model of Strategic Control · YouTube · Galton College · 19 min · for registered students
Further resources
- Principles of Accounting, Volume 2: Managerial Accounting, ch. 12: Balanced Scorecard and Other Performance Measures · PDF · OpenStax, textbook chapter; pp. 565–604 · for registered students
- Managerial Accounting, ch. 13: How Do Managers Use Financial and Nonfinancial Performance Measures? · PDF · Saylor Academy, textbook chapter; pp. 883–972 · for registered students
- Procurement Act 2023 guidance: Key Performance Indicators · PDF · GOV.UK, guidance; 6 pages · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
