Welcome to Three Bottom Line Performance™ Scoreboarding
Integral Operations Finance (IOF) Toolkit
Make your company’s financial data more relevant to operations – translate your financial statement into a clear picture that makes static and lagging numbers come alive.
$ 1295.00
The IOF Toolkit delivers a whole system financial performance assessment, visually and mathematically, using the Financial Scoreboard® (FSB), Financial Dashboard, and the FSB Projector. Take greater command of your relationship with your banker, your team, your investors, and your accountant. The Integral Operations Finance Toolkit makes your company’s financial data more relevant to strategy, planning, and operations leadership using Three Bottom Line Performance.
Three Bottom Line PerformanceTM: There is not one bottom line, there are three. All three, Operating Cash Flow, Profit, and Return are required if managing the total status of business property and contract (every account on all statements) is your intention. There are 12 key drivers that create those three bottom line results. Organizational behavior impacts one or more of these 12 drivers, which in turn impact one or more of the 3 bottom line performance measures.
The mathematical discovery of how actual bank account cash flows connect the relationship between the income statement and the balance sheet was in 1959 at IBM’s Sands Point Executive School. It led eventually to FASB (Financial Accounting Standards Board) Regulation 95 governing Cash reporting, creating the concept of Operating Cash Flow, as well as the indirect and direct format cash flow statements.
For the CEO/Owner - Be in charge of the numbers - as a compelling tool to frame and communicate your strategic vision, and anchor how you design an organization that supports the talents of your people being developed for maximum value creation.
For the CFO - Bring the numbers continuously to life for your internal customers - so that the ‘lights go on in their heads.’ Provide your CEO with what they really need for ongoing reality checks about the past and the future. Support them to make their strategic vision transferable and their organization design evolve the value prop-osition. Give the board a big picture in minutes so that all of them can use their wisdom and influence to optimally support your success
For the Operating Leaders - Unify the language of finance with the day-to-day reality of the floor, so that everyone can continually see more clearly how they impact overall business results.
For the Banker/Investor - Minimize your risk with a systematic internal controls and reporting framework that tells you what you need to know, and supports businesses perform better
MODULE 1: CashFlow Command QuickStart & Three Bottom Line Performance analysis using the FSB and Financial Dashboard. Makes operational use of your existing financial statements from any accounting package. Discover where you’ve been and where you’re headed financially and operationally. Know where your cash is and will be. Bring operating managers into the financial conversations. Includes 2 hours of coaching, and a total of 3-4 hours of your time (assuming your financial statements balance). Discover the big picture, and create a rudder to start steering ‘the ship’. Included is Amazon phenomenon, Managing by the Numbers, INC./Perseus.
* Clearly see the twelve key drivers creating your financial results; and how your cashflow and profit relate to revenues. Be able to make the connection between operational and financial outcomes.
MODULE 2: Banker’s Pro-Forma Quickstart: Take command of your financial future, and greater control of your relationship with your banker, your team, and your accountant. Uses the FSB Projector and Financial Dashboard. Perfect for generating “What-ifs” as reconciled Business Plan Pro-Formas in minutes, or ready-to-negotiate Credit Line or Loan Application financials your banker will love. Get command of the relationship with your advisors and your banker and be able to start talking terms on the spot.
* Create simple and powerful trend charts and graphs
* Sculpt your financial future; connect it to cash flow, operations and strategy
MODULE 3: CEO Reality Check - Organizational Design Assessment and Performance Management Inventory: A one to two day process in which the CEO, CFO, COO, and Direct Reports look at their whole system, now and in the future. This will tell us where you are, where you want to go, and who will take you there. Examine your enterprise system with up to 12 instruments, plus a whole systems financial performance assessment using the IOF Toolkit.
Providers:
Accounting for Success, P.C. – Financials Systems Assessment – Complete review, analysis, preparation and recommendations for tuning financials as operational tools.
Performance Management Institute, Inc. – At PMI, we increase organizational results (revenue, cash, return, and profit) by creating a business specific language and frame-work for accurately measuring and driving both success and impact outside of just the balance sheet and P&L. This framework is the building block on which leadership and employee engagement, internal and external customer service, plus teamwork and productivity are grown.