Corporate Performance Management

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Performance Management

PM is a strategic management approach for monitoring how a business is performing. It describes the methodologies, metrics, processes, systems and software which are used for monitoring and managing the business performance of an enterprise. Business Performance Management, and Strategic Performance Management, and Enterprise Performance Management and Corporate Performance Management are all variations of the terminology. Do not confuse this subject with employee performance management.

Benefits of Performance Management

Main benefits of CPM are:

• PM helps to maximize value creation consistently.
• PM helps to increase corporate transparency.
• PM facilitates communication with investors, analysts and with stakeholders.
• PM improves internal communication on strategy.
• PM facilitates the improvement of decision-making.
• PM helps to balance short-term, middle-term, and long-term trade-offs.
• PM encourages value-creating investments.
• PM improves the allocation of resources, streamlines planning and budgeting.
• PM helps to better deal with increased complexity and greater uncertainty and risk.

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Information Sources Sign up Various sources of information regarding Performance Management. Here you will find powerpoints, videos, news, etc. to use in your own lectures and workshops. Establishing a Performance Management Framework for Government Performance Management in Government It is argued in this paper by Jack Diamond that to develop a comprehensive performance measurement system requires resol (...) The Design and Use of Management Control Systems Performance Management & Control Building on the frameworks of Simons (1995) and Otley (1999), on case study material, experience and on understanding of (...) Controlling as a Management Function Controlling, Management Control Presentation about controlling as a management activity includes the following sections: 1. Why Management Controlling? (...) KPIs and KPI Management Understanding KPIs, Introduction Introduction by expert Joe Panebianco gives a first understanding of what Key Performance Indicators (KPI's) are and the (...)

Compare with Corporate Performance Management: Business Intelligence  |  Activity Based Costing  |  Balanced Scorecard  |  CSFs and KPIs  |  Value Based Management

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