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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.

Performance Management Special Interest Group

Special Interest Group (778 members)

Forum about Performance Management

Discussions about Performance Management.

🔥	NEW Surrogation in Business Management In wars and extreme poverty, desperate people use various kinds of inferior substitutes for products like bread, coffee (...)

	How to Measure the Performance of Admin and Support Departments? My organisation is split into admin/support (ca 80%) and sales (20%). The challenge is coming up with a method to set ob (...)

	Limitations of Traditional Performance Management What are the limitations of traditional measures of performance measurement and management in organizations? (...)

Best Practices about Performance Management

Here you find the most valuable discussions from the past.

🥇	Performance Management in Government Departments I' d like to have your reactions on how Performance Management can be implemented in government departments where there (...)

🥈	Performance Management in SME's / Small Organisations Most of the theory on PM is based on large organizations. Does anyone have experience of implementing a PM system in a c (...)

🥉	Performance Management in Hi-power Structured Organization I'd like to have views / comments on how PMS can be implemented in a hi-power structured organization where political wi (...)

	Monitoring Performance of Businesses Please recommends books or articles on how to implement performance management framework for an investment holding compa (...)

	Performance Measurement: Realistic? How practical and realistic is performance measurement in organisations. In most cases, it looks very juicy on paper yet (...)

	Measure the Performance of Logistics and Warehousing With my new role as logistics and warehouse manager for a major clothing retailer, I am mandated to measure the performa (...)

	Customer Performance Management Customer Performance Management (CPM) is also another variation. CPM focuses on acquiring, managing and growing the best (...)

	Overview of Performance Measurement Systems I would like to create an overview in this forum of all performance measurement systems / theories / methods existing to (...)

Expert Tips about Performance Management

Here you will find advices by experts.

	Corporate Performance Management Best Practices CPM Best Practices (...)

	Best Practices to Better Target Setting Management by Objectives, SMART, Business Performance Management, Balanced Scorecard, KPIs, CSFs (...)

	Organodynamics: the 3 Laws at the Basis of Performance in Organizations Strategic Performance Management, Leadership, Corporate Mission, Corporate Culture (...)

	How to Incorporate Sustainability into Performance Management? Sustainability Balanced Scorecard, SBSC, Triple Bottom Line (...)

	3 Steps in Solving Problems with Data Credibility Improving Data Reliablility, IT, Business Intelligence (...)

	Corporate Performance Management Role and Steps Implementing CPM Processes (...)

Information Sources about Performance Management

Here you will find powerpoints, videos, news, etc.

	Establishing a Performance Management Framework for Government Performance Management in Government (...)

	The Design and Use of Management Control Systems Performance Management & Control (...)

	Controlling as a Management Function Controlling, Management Control (...)

	KPIs and KPI Management Understanding KPIs, Introduction (...)

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

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