OVERVIEW

Business has been flooded with management methodologies, productivity tools, and terminology over the past half century. The rapid pace of change has been accelerated further by innovation and technology. In this age of knowledge and information, it is critical to have a thorough understanding of what tools are available and how to use them. Organizations need to understand how to measure and execute strategy and the best use of nonfinancial and financial metrics. Businesspeople will learn the best techniques to measure and account for operational excellence and how to measure and account for innovation.

In a single source, readers receive an in-depth overview of all the cutting-edge productivity methods and measurement tools used in today s business environment. From this foundation, training is provided on how to keep score and apply the scorekeeping tools. I start with an overview of the history of how these tools and methodologies were developed. Each major management methodology and philosophy is explained, followed by a comprehensive review of accounting methods and scorekeeping tools.

Suggested application techniques for using these tools are provided, together with a new accounting and reporting model. Instructions on using performance metrics and measures are provided along with tips on how to apply them. Highlights of the issues associated with the Sarbanes-Oxley Act are blended into a dialogue on value-based management and measurement. After an evaluation of leadership and thoughts on executing strategy and tactics, a summary and review bring the tool kit together with visionary thoughts for the future.

The...