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SMART Finance: KPIs, KRIs & Strategic Alignment

SMART Finance: KPIs, KRIs & Strategic Alignment

Why Attend

This intensive 5-day workshop will empower professionals with the skills to connect strategic planning with practical financial and risk management tools. Participants will gain in-depth knowledge of how to design, analyze, and implement effective Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) specific to their organizational context. Through hands-on exercises, participants will learn to create actionable dashboards and leverage advanced methodologies to align financial and risk indicators with strategic goals. By the end of the workshop, attendees will leave with a comprehensive framework to improve financial decision-making, enhance risk oversight, and drive continuous performance improvement.

Associations
Associations
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Overview
Course Methodology

This workshop uses an engaging and interactive approach, ensuring participants consolidate their learning through real-life case studies, hands-on exercises, group discussions, and roleplays, as well as tools and technology demonstrations. The methodology balances theory with practice, ensuring a dynamic and impactful learning experience.

Course Objectives

By the end of the course, participants will be able to:

  • Analyze the factors affecting organizational performance and formulate SMART objectives aligned with strategic goals
  • Design relevant and interconnected KPIs for core financial functions to monitor performance
  • Evaluate the integration of KPIs into the ERM framework to develop effective KRIs
  • Construct a comprehensive dashboard to support data-driven decision-making
  • Develop a continuous improvement plan using industry benchmarks and emerging technologies
Target Audience

Finance professionals seeking to enhance decision-making processes, Governance, Risk, and Compliance (GRC) practitioners looking to integrate KRIs into enterprise risk frameworks, business leaders and senior managers responsible for strategic planning and performance management, as well as consultants advising clients on performance and risk optimization.

Target Competencies
  • Setting strategic goals
  • Evaluating initiatives
  • Designing KPI and KRI frameworks
  • Developing risk assessment processes
  • Visualizing dashboards
Note

This is a hands-on training course using laptops, which will be made available by Meirc Training & Consulting for courses held in the UAE. For courses outside the UAE, participants are required to bring their own laptops with a fully functioning version of Microsoft Excel (Office 365, Excel 2021 or higher).

Course Outline
  • Foundations of Strategy and Management
    • Strategic planning steps: Vision, mission, and goal setting
    • SMART objectives and their role in finance and risk management
    • Internal and external factors affecting financial strategy
    • SWOT analysis: Focus on financial and risk dimensions
    • Linking strategic objectives to actionable metrics in finance and risk
  • The Finance Function and KPI frameworks
    • Overview of finance's various functions
    • Interconnectedness of these functions and their impact on risk and performance
    • Critical KPIs for each function
    • Identifying misaligned KPIs and their risks to strategy execution
  • Risk Management and the role of KRIs
    • Overview of the Enterprise Risk Management (ERM) process
    • Designing KRIs linked to financial KPIs and strategic goals
    • Risk appetite and tolerance: Balancing performance and risk metrics
    • Case studies: How financial risks affect KPIs and KRIs
    • Scenario analysis and stress testing using KPIs and KRIs
  • Dashboard Design for Finance and Risk
    • Characteristics of an effective dashboard
    • Visualization best practices: Selecting the right charts and formats
    • Tools and platforms for dashboard creation
    • Dashboard development process
    • Dashboard calibration
  • Sustaining Performance with Best Practices
    • Benchmarking KPIs and KRIs against industry standards and peers
    • Aligning metrics with dynamic business strategies and risks
    • Leveraging technology for real-time monitoring and decision-making
    • Establishing feedback loops to refine KPIs and KRIs
    • Future trends: The role of AI, machine learning, and big data
    • Common pitfalls in KPI and KRI management and how to avoid them
Associations
Associations
National Association of State Boards of Accountancy (NASBA)

Meirc Training & Consulting is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

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Schedule & Fees

2025 Schedule & Fees

There are no public sessions remaining for the course this year. Please contact us if you wish to have a customized in-house session, or to find out how an additional public session can be scheduled.

2026 Schedule & Fees
Per participant
  • 7 - 11 Jun, 2026
  • English
  • Dubai
  • Venue to be assigned
Per participant
  • 11 - 15 Oct, 2026
  • English
  • Dubai
  • Venue to be assigned
Fees + VAT as applicable (including coffee breaks and a buffet lunch daily) Discount Plans & Cancellations Policy

Meirc reserves the right to alter dates, content, venue, trainer, and to offer courses in an integrated virtual learning (IVL) format whereby face to face classroom participants and virtual learners participate simultaneously in the same course in an interactive learning experience.

Tax Registration Number: 100239834300003

Virtual Learning
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