Driving Initiatives to the Bottom Line
Overview
Transformations are an exciting time for your company, and you have an integral role to play. As an initiative owner, you will implement a change to your business that will impact the bottom line. It’s up to you to generate ideas and see them through to completion. This course is designed to help you along in this process.
In Lesson 1 you’ll learn:
•How a transformation differs from “business as usual”
•How a structured stage gating process ensures initiatives continue to move forward
•Your role and the resources available to help you
•The mindset required for a successful transformation
In Lessons 2 and 3 you’ll learn:
•How to brainstorm ideas that will impact the P&L
•How to create a plan to verify the impact your initiative will have
•How to track your initiative’s progress in Wave
•The kinds of actions you should articulate and commit to so your initiative stays on track
•The weekly cadence required to keep everyone aligned and ensure you have the appropriate resources to move forward
In Lessons 4 and 5 you’ll learn:
•What it takes for you and the Finance Department to be confident in your initiative’s value
•How to develop a robust action plan to execute your initiative
•How to track milestones, KPIs, and actuals to ensure your initiative will reach the target