process, performance and cost management · cma is positioned in the market as the owner of...
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October 23, 2007 CMA-CAM-I Summit
Process, Performance and Cost Management
Steve Vieweg, MBA, C.Dir., CMA, FCMA President & CEO - CMA Canada
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Annual General Meeting
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CMA – Connecting Strategy, Management and Accounting
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Act I
CMA – Connecting Strategy, Management and Accounting
October 23, 2007 CMA-CAM-I Summit
CMA – Connecting Strategy, Management and Accounting
October 23, 2007 CMA-CAM-I Summit
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What Have We Accomplished?
CMA – Connecting Strategy, Management and Accounting
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What Have We Accomplished?
Strategic Plan for All Partners
CMA – Connecting Strategy, Management and Accounting
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What Have We Accomplished?
Strategic Plan for All PartnersCMA Competency Map
CMA – Connecting Strategy, Management and Accounting
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What Have We Accomplished?
Strategic Plan for All PartnersCMA Competency Map Renewed Strategic Leadership Program
CMA – Connecting Strategy, Management and Accounting
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What Have We Accomplished?
Strategic Plan for All PartnersCMA Competency Map Renewed Strategic Leadership Program CMA Partnership Risk Management Framework
CMA – Connecting Strategy, Management and Accounting
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What Have We Accomplished?
Strategic Plan for All PartnersCMA Competency Map Renewed Strategic Leadership Program CMA Partnership Risk Management FrameworkBalanced Scorecard
CMA – Connecting Strategy, Management and Accounting
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What Have We Accomplished?
Strategic Plan for All PartnersCMA Competency Map Renewed Strategic Leadership Program CMA Partnership Risk Management FrameworkBalanced Scorecard CMA Canada Research Foundation
CMA – Connecting Strategy, Management and Accounting
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What Have We Accomplished?
Strategic Plan for All PartnersCMA Competency Map Renewed Strategic Leadership Program CMA Partnership Risk Management FrameworkBalanced Scorecard CMA Canada Research Foundation New Governance Structure
CMA – Connecting Strategy, Management and Accounting
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What Have We Accomplished?
Strategic Plan for All PartnersCMA Competency Map Renewed Strategic Leadership Program CMA Partnership Risk Management FrameworkBalanced Scorecard CMA Canada Research Foundation New Governance StructureQuality Excellence – NQI Level 2 Achieved
CMA – Connecting Strategy, Management and Accounting
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What Have We Accomplished?
Strategic Plan for All PartnersCMA Competency Map Renewed Strategic Leadership Program CMA Partnership Risk Management FrameworkBalanced Scorecard CMA Canada Research Foundation New Governance StructureQuality Excellence – NQI Level 2 Achieved
CMA – Connecting Strategy, Management and Accounting
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Key Strategies
CMA is positioned in the market as the owner of strategic management accountingCMA is branded as the prestigious credential in strategic management accountingThe value proposition for members is articulated and executedCMA ensures quality growth of the membershipCMA is positioned as the leader in research in strategic management accountingCMA demonstrates organizational excellence
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The CMA Competency Map
Strategy
Management Accounting
StrategicManagement
Risk Management& Governance
Performance Measurement
PerformanceManagement
FinancialReporting
FinancialManagement
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The Career Stage
Three-Dimension Competency Model
Strategy
Management Accounting
E
CS-1CS-2
CS-3
Senior-level entrant from workforce
(CMAEP)
MBA entrant via combined program
B.Comm(Accounting) entrant from under grad.
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Employers tell us what competencies are required when hiring financial professionals
1 measure not important al all10 measures extremely important*Based on 1,252 employers
MAG Number Functional Competencies Enabling Competencies
F1 F2 F3 F4 F5 F6 E1 E2 E3 E4
1X
2X
3X
4X
5X
6X
7X
8X
9X
10X
11X
12X
13X
14X
15X
16X
17X
18X
19X
20X 20
Placement of Each Guideline within CMA Competency Framework
The Management Accounting Guidelines publications are intended for those management accountants at Competency Stage 3 (CS-3): Advanced Proficiency and Competency Stage 4 (CS-4) Mastery
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CMA – Connecting Strategy, Management and Accounting
Renewed Strategic Leadership Program
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CMA – Connecting Strategy, Management and Accounting
1,000
1,200
1,400
1,600
1,800
2,000
2,200
2,400
2004 2005 2006 2007 2008 2009
EntranceExaminationWriters - Part 2
1,524
1,820 1,8271,937
2,0772,193
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CMA – Connecting Strategy, Management and Accounting
0
100
200
300
400
2003 2004 2005 2006 2007 2008 2009
CMA AlternateChannelRegistrations128
213 225206
288317
224
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Act II
CMA – Connecting Strategy, Management and Accounting
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Challenges
CMA – Connecting Strategy, Management and Accounting
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CMA – Connecting Strategy, Management and Accounting
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CMA – Connecting Strategy, Management and Accounting
October 23, 2007 CMA-CAM-I Summit
CMA – Connecting Strategy, Management and Accounting
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CMA – Connecting Strategy, Management and Accounting