Introduction
You'll learn what performance management is and why it matters for strategic decision-making at board level. This introduction to Advanced Performance Management covers the three core elements of any performance management system—measuring, comparing, and taking action—and explains how strategic management accounting
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In this lesson
- 0:00 Introduction to Advanced Performance Management
- 1:01 What is Performance Management
- 3:02 Performance Management Framework Explained
- 4:16 Strategic Management Accounting Role
- 6:09 Characteristics of Strategic Management Accounting
- 7:13 How Management Accounting Supports Decision Making
About this lesson
supports long-term organisational objectives. You'll understand the role of performance management in a strategic context, including how to think about internal strengths and weaknesses alongside external opportunities and threats. This foundation prepares you for deeper exploration of planning, control, benchmarking, and risk management throughout the APM course.
Duration: 9m
Transcript
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