CFO TALK - The Best Way to Choose Your KPIs - Bernie Smith

Bernie Smith and Steve Rosvold
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Bernie responds to these questions in this CFO Talk episode:

What is the number one reason you urge your clients to use key performance indicators?

How important is it to experiment with your KPIs?

What’s the biggest mistake businesses when they’re developing or utilizing their KPIs?

What steps should we take to develop great KPIs?

How can we recognize if a KPI needs to be replaced or reworked?

What should we do if something is really important, but it’s hard to measure? (hint, Bernie outlines 3 methods)

For all you need to know on KPIs visit Bernie’s library on CFO.University, https://cfo.university/library/contributor/bernie-smith

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Bernie Smith
KPI Author, Consultant & Trainer, Made to Measure KPIs

Bernie Smith, founder of Made to Measure KPIs, trains and coaches businesses to develop meaningful KPIs and present their management information in the clearest possible way to support good decision-making.

His approach has been adopted by many organisations, including Airbus, HSBC, UBS, Lloyd’s Register, Credit Suisse, Royal Bank of Scotland, LloydsTSB and many others. He has written twenty books on KPIs, regularly tops this category on Amazon and is a frequent key-note speaker on performance measurement.

Earlier in his career, Bernie, who qualified as a professional engineer, worked as a consultant leading teams delivering exceptional operational improvement in blue-chip companies using Lean and Six Sigma approaches. This broad industry experience has given him a unique perspective when it comes to developing KPIs to improve organisational performance.

Bernie lives in Sheffield, UK, with his wife Liz, two children and some underused exercise equipment.

Steve Rosvold
Founder and Chief Learning Officer at CFO.University

Innovative and responsible financial leadership is critical to any successful business. Whether the goal is to grow exponentially or achieve stable profitability, this core function needs to be handled with intelligence, skill, and unwavering commitment. Steve has honed his ability to drive change, improve profitability, and ensure long-term financial health for businesses.

He founded CFO.University in 2017 to deliver practical, convenient and performance enhancing professional development opportunities to CFOs and their direct reports after running KRM Business Solutions from 2004-2016. KRM was built to help Pacific Northwest business leaders to develop the knowledge, processes, systems, and tools they need for success.

Steve began his professional career with Cargill and moved into leadership roles, including the Senior Financial Officer of Cargill’s Global Energy business. In 1999 he became the Chief Financial Officer of ConAgra Malt, that was the global leader in the barley malting industry.

An Augsburg University, Minneapolis, graduate, Steve was awarded a Masters of Business Administration from the University of Chicago’s Booth School of Business. He is active in the community, as Executive Director of the Southwest Washington Executive Manufacturer’s Forum and Tandem Ride Coordinator for the Washington State School for the Blind.

Steve and his wife Pat live in Vancouver, Washington. They have 3 children and 4 grandchildren (as of the latest census).

CFO TALK - The Best Way to Choose Your KPIs - Bernie Smith

Bernie Smith
KPI Author, Consultant & Trainer, Made to Measure KPIs

Steve Rosvold
Founder and Chief Learning Officer at CFO.University

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CFO TALK - The Best Way to Choose Your KPIs - Bernie Smith

Bernie Smith KPI Author, Consultant & Trainer, Made to Measure KPIs

Steve Rosvold Founder and Chief Learning Officer at CFO.University

Other Articles in this Category

Departments

Library

Members

About

Bernie Smith
KPI Author, Consultant & Trainer, Made to Measure KPIs

Steve Rosvold
Founder and Chief Learning Officer at CFO.University