"Tell me how you measure me and I'll tell you how I'll behave."

Eliyahu Goldratt

CPM

 

Corporate Performance Management  (CPM) ( also known as Business PM, Enterprise PM) is considered to be the next generation of Business Intelligence (BI). It utilizes the strengths of traditional BI in terms of technology, methodology and best practices, and provides the capability to accurately automate and manage the measurement of performance. In the past, management has struggled to link strategy and execution, with little capability to monitor, analyze and make decisions. The management of individual performance has also suffered owing to the lack of measurements based on actual data and results.

The successful development of a CPM solution is strongly influenced and determined by the following.  It must:

 

¨ Be owned and designed by management (accountable)

 

¨ Represent the entire organization – driven from the  top

 

¨ Cascade down the organization

 

¨ Provide a “balanced” view of performance

 

¨ Bridge the gap between strategy and execution

 

¨ Use measures that are SMART (Specific, Measurable, Achievable, Realistic, Time-based).

eValuIT Consulting

Plan Do Measure

eValuIT Consulting