The system failed; it does not work. The system does not deliver as promised.
DESIGNED FOR
Corporate Financial Leaders, Corporate Financial Managers, CEOs, CFOs, Controllers, Board members, accountants, advisors, and Consultants.
BENEFITS
After attending this presentation you will be able to...
- Determine the common root causes that increase risk and cause systems to fail and the next steps to take to avoid business system failure
- Identify the two major reasons why many systems fail
- Analyze why we unintentionally design systems that fail, the trade-offs and management expectations
HIGHLIGHTS
The major topics covered in this class include:
- Why are Accounting and Finance Leaders skilled at analyzing broken systems?
- Open systems versus closed systems - which is better and why?
- There is no such thing as a perfect system, yet we still try!
- Lessons from US Navy SEAL teams
- What are some of the more common reasons why systems fail?
- How to plan for and avoid the two root causes of most system failures
COURSE LEVEL
Intermediate
PREREQUISITES
Participants should have at least six months of industry experience and a thorough knowledge of financial accounting principles and practices.
ADVANCE PREPARATION
None