{"id":32461,"date":"2022-01-17T08:04:42","date_gmt":"2022-01-17T08:04:42","guid":{"rendered":"https:\/\/krea.edu.in\/ifmrgsb\/?page_id=32461"},"modified":"2024-02-07T09:30:57","modified_gmt":"2024-02-07T09:30:57","slug":"profitability-analytics-enterprise-performance-management","status":"publish","type":"page","link":"https:\/\/krea.edu.in\/ifmrgsb\/profitability-analytics-enterprise-performance-management\/","title":{"rendered":"Profitability Analytics & Enterprise Performance Management"},"content":{"rendered":"\t\t
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Certificate Course in Profitability Analytics & Enterprise Performance Management<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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30 hours
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Krea University
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Rs:30,000 + GST<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Profitability Analytics (PA) Framework<\/strong> is a process designed to produce high-quality internal decision support information that supports decision-making throughout the organisation – from the C-suite to the shop floor and direct customer contact points.<\/p>

The goal of Profitability Analytics<\/strong> is to provide managers with information based on sound economic principles (independent of external financial reporting requirements) to enhance organisational decision-making. The programme achieves this through the development of integrated models of an organisation’s revenues, costs, and investments based on an operational understanding of an organisation and aligned with its overall strategy.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Profitability Analytics (PA) Framework is a process designed to produce high-quality internal decision support information that supports decision-making throughout the organisation \u2013 from the C-suite to the shop floor and direct customer contact points.<\/p>

\u00a0<\/p>

The goal of Profitability Analytics is to provide managers with information based on sound economic principles (independent of external financial reporting requirements) to enhance organisational decision-making. The programme achieves this through the development of integrated models of an organisation\u2019s revenues, costs, and investments based on an operational understanding of an organisation and aligned with its overall strategy.<\/p>

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The PA Framework is composed of three primary elements:<\/strong><\/p>

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  1. Strategy formulation, where an organisation establishes its plan for identifying and addressing its market(s) and for mobilising its resources to meet the demands created by that plan<\/li>
  2. Causal models that directly enable the evaluation of strategy. These models employ the principle of causality to quantify in operational terms, monetise the revenue and costs of the organisation\u2019s strategy, and then track the execution and performance of that strategy<\/li>
  3. Strategy execution involves decision-making that employs the outputs of the causal models to provide the organisation\u2019s decision-makers with the accurate and relevant information they need to make economically sound decisions as they execute and adapt tactics to meet strategic goals<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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    \n\t\t\t\t\t\t\t\t\tEnterprise Performance Management (EPM) is the integration of multiple managerial methods to improve an organisation\u2019s strategic and operational performance.\n\nThe individual methods comprising EPM and ways and means to seamlessly integrate them is the main focus of this course as integration of methods is as important as the method itself.\n\nEmbedding analytics into each method makes EPM even more powerful.\n\nPain Areas & Problems that EPM Solves<\/strong>\n