Advanced Performance Management

Strategy only matters if performance follows it. Advanced performance management is the discipline of planning and controlling how a business performs against its strategic objectives — and RN Canada helps Alberta and British Columbia companies put that discipline in place. We build the measurement and reporting that aligns people, resources and systems behind the strategy, accounts for external factors and risk, and acts as a dashboard and early-warning system so management sees drift while there is still time to respond.

What advanced performance management does

Performance management sits at the intersection of strategy and management accounting. Its job is to:

• Plan and control performance against strategic objectives. Translating the strategy into measurable targets, then tracking and steering actual performance against them.
• Account for external factors and risk. Recognising that performance is shaped by forces outside the business, and building that reality into how results are measured and interpreted.
• Align people, resources and systems. Pointing the organization's capacity at the strategy, so effort and spend are directed where they create value.
• Act as a dashboard and early warning. Giving management a live read on how the business is tracking, so problems surface early rather than at year-end.

What RN Canada does

We design performance-management systems tailored to your company's goals — not a generic scorecard. That starts with understanding the strategy and the value drivers behind it, then defining what to measure: the activities that matter, and the people who carry them out. We analyse how each activity and role contributes to the company's value, so the measures reward what genuinely moves the business forward. We then build the reporting that turns those measures into a dashboard: a concise, current view that functions as an early-warning system, flagging where performance is diverging from plan while there is still room to act.

Measuring activities and people

A complete performance-management system measures more than financial outputs. It measures activities — the operational drivers behind the results — and the people responsible for them, and it analyses each one's contribution to company value. Done well, this aligns individual and team objectives with the company's strategic goals, so people are held to measures that reflect real value creation rather than activity for its own sake. The result is an organization where everyone can see how their work connects to the strategy, and management can see, early, whether the strategy is being delivered.

Who it's for

This service fits businesses that have a strategy but struggle to tell whether they are executing it, growing companies that need to align an expanding team behind clear objectives, owners and boards who want an early-warning view of performance rather than a year-end post-mortem, and management teams that want to measure the activities and people who actually drive the company's value.

How RN Canada helps

We translate your strategy into the measures that matter, design a performance-management system built around your goals, and put a dashboard in place that warns you early when performance drifts. Our founder, Ozgur Duymaz, holds a Ph.D. in accounting and finance and is a CPA (Canada), ACCA (UK) and CMA (US). To build a performance-management system that actually drives your strategy, talk to us or browse the full services overview.

This page is general information, not personalized advice. Speak to us about your specific situation.