This intensive 5-day workshop will empower professionals with the skills to connect strategic planning with practical financial and risk management tools. Participants will gain in-depth knowledge of how to design, analyze, and implement effective Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) specific to their organizational context. Through hands-on exercises, participants will learn to create actionable dashboards and leverage advanced methodologies to align financial and risk indicators with strategic goals. By the end of the workshop, attendees will leave with a comprehensive framework to improve financial decision-making, enhance risk oversight, and drive continuous performance improvement.
Accounting and Finance
Financial KPIs and Risk Indicators
This intensive 5-day workshop will empower professionals with the skills to connect strategic planning with practical financial and risk management tools. Participants will gain in-depth knowledge of how to design, analyze, and implement effective Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) specific to their organizational context. Through hands-on exercises, participants will learn to create actionable dashboards and leverage advanced methodologies to align financial and risk indicators with strategic goals. By the end of the workshop, attendees will leave with a comprehensive framework to improve financial decision-making, enhance risk oversight, and drive continuous performance improvement.
Upcoming dates
Classroom
| Start date | End date | Location | Fee | Registration |
|---|---|---|---|---|
| Barcelona - Spain |
€1,925 + VAT
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| Paris - France |
€2,250 + VAT
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| Frankfurt - Germany |
€1,625 + VAT
|
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| Dubai - UAE |
€2,125 + VAT
|
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| London - United Kingdom |
€2,100 + VAT
|
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| Istanbul - Türkiye |
€1,425 + VAT
|
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| Vienna - Austria |
€2,125 + VAT
|
→ | ||
| Barcelona - Spain |
€1,925 + VAT
|
→ |
Online live
Remote
- Analyze the factors affecting organizational performance and formulate SMART objectives aligned with strategic goals
- Design relevant and interconnected KPIs for core financial functions to monitor performance
- Evaluate the integration of KPIs into the ERM framework to develop effective KRIs
- Construct a comprehensive dashboard to support data-driven decision-making
- Develop a continuous improvement plan using industry benchmarks and emerging technologies
This program is intended for professionals involved in Accounting and Finance.
- Finance professionals seeking to enhance decision-making processes, Governance, Risk, and Compliance (GRC) practitioners looking to integrate KRIs into enterprise risk frameworks, business leaders and senior managers responsible for strategic planning and performance management, as well as consultants advising clients on performance and risk optimization.
This workshop uses an engaging and interactive approach, ensuring participants consolidate their learning through real-life case studies, hands-on exercises, group discussions, and roleplays, as well as tools and technology demonstrations. The methodology balances theory with practice, ensuring a dynamic and impactful learning experience.
Day1
Foundations of Strategy and Management
- Strategic planning steps: Vision, mission, and goal setting
- SMART objectives and their role in finance and risk management
- Internal and external factors affecting financial strategy
- SWOT analysis: Focus on financial and risk dimensions
- Linking strategic objectives to actionable metrics in finance and risk
Day2
The Finance Function and KPI frameworks
- Overview of finance's various functions
- Interconnectedness of these functions and their impact on risk and performance
- Critical KPIs for each function
- Identifying misaligned KPIs and their risks to strategy execution
Day3
Risk Management and the role of KRIs
- Overview of the Enterprise Risk Management (ERM) process
- Designing KRIs linked to financial KPIs and strategic goals
- Risk appetite and tolerance: Balancing performance and risk metrics
- Case studies: How financial risks affect KPIs and KRIs
- Scenario analysis and stress testing using KPIs and KRIs
Day4
Dashboard Design for Finance and Risk
- Characteristics of an effective dashboard
- Visualization best practices: Selecting the right charts and formats
- Tools and platforms for dashboard creation
- Dashboard development process
- Dashboard calibration
Day5
Sustaining Performance with Best Practices
- Benchmarking KPIs and KRIs against industry standards and peers
- Aligning metrics with dynamic business strategies and risks
- Leveraging technology for real-time monitoring and decision-making
- Establishing feedback loops to refine KPIs and KRIs
- Future trends: The role of AI, machine learning, and big data
- Common pitfalls in KPI and KRI management and how to avoid them
SPARK Training Certificate of Completion is awarded to participants who attend and complete the full training course.
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