Effectively Communicating Management Data – Level 1 [CHIF]

    Fundamentals

    Target audience

    - Management accountants
    - Anyone interested in this topic

    1 day

    New training

    Participant rating: 4.2/5

    Prerequisites

    A basic understanding of statistics is required, as is the ability to use Excel and PowerPoint.

    Objectives

    ◗ Develop your ability to communicate using numerical data in a clear and relevant manner.

    ◗ Design engaging and impactful presentations.

    ◗ Make the most of your role.

    ◗ Effectively persuade your audience.

    ◗ Improve management dialogue.

    Training program

    ◗ Analyze management dialogue within its professional context

    – The organization’s strategic objectives and progress on improvement plans
    – Mapping management dialogue: Who are the key stakeholders? What information is shared? What types of messages should be communicated?
    – Identifying communication objectives and areas for improvement in relation to the organization’s strategic objectives

    ◗ Adopt best practices for developing dashboards and metrics

    – Maturity Self-Assessment
    – Defining the Key Success Factors for Dashboards in Their Context

    ◗ How can you present numerical data effectively?

    – Analyzing numerical data and avoiding common statistical pitfalls: when the choice of indicator leads to two conflicting messages…
    ✔ EXPERIMENT | The Statistical Errors Game
    – Present data by choosing the right charts: the right chart for every message
    ✔ EXPERIMENT | The Associations Game
    – Present tables of figures effectively: usability guidelines for Excel tables
    ✔ APPLY | Practical exercise: improving existing tables

    ◗ Create engaging slide shows

    – Apply presentation guidelines: slide content, readability, and issues of substance and form
    – Optimize communication
    • Focus on the message; manage supporting documents
    • Apply communication principles to data-driven professions

    ◗ Present your documents and identify areas for improvement

    ✔ IMPLEMENT | Small-group workshops
    ✔ IMPLEMENT | Plenary discussions and suggestions for improvement

    ◗ Improve your oral communication skills

    – Delivering a Successful Oral Presentation
    • Identify the audience’s expectations
    • Prepare, manage stress, and deliver the presentation with composure and confidence
    ✔ PRACTICE | Simulation: Oral Presentation of a Dashboard
    – Conducting an interview: preparing for the meeting, listening, paraphrasing, and managing the rest of the interview
    ✔ PRACTICE | Role-play: Interview between the management controller and a manager regarding monthly reporting

    ◗ Develop an action plan based on the initial mapping exercise

    ✔ EVALUATE | Define and present your action plan and key areas for improvement

    Why choose this course?

    Numbers aren't always enough to convince people.

    This training course helps participants select the right metrics, organize their data, and present it in a clear, simple, and compelling way to facilitate understanding, build buy-in, and have a greater impact on decision-making.

    Teaching and assessment methods

    Before the training: Submit your expectations via your online portal 15 days before the training begins and complete a self-assessment of your skills.

    Teaching Methods: A variety of teaching methods to cater to different learning styles, encourage active participation, and reinforce learning through experimentation and practice.

    Educational materials: presentation materials, reference materials (summary sheets, tables, etc.), and other resources available in your account.

    During the training: theoretical concepts are alternated with examples drawn from real-life cases. Participants are given the opportunity to engage in role-playing exercises. Numerous practical exercises allow participants to demonstrate their mastery of the skills as the training progresses.

    Training monitoring and evaluation: attendance sheet and certificate of completion. Immediate and post-training evaluations conducted using the LearnEval platform.

    Price

    €1,040 (excluding tax)