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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Performance Management Special Interest Group.
Special Interest Group (782 members)
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Forum about Performance Management.
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NEW Surrogation in Business Management
In wars and extreme poverty, desperate people use various kinds of inferior substitutes for products like bread, coffee and tobacco. These are called "surrogates". Likewise, in performance management ...
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Best Practices
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The top-rated topics about Performance Management. Here you will find the most valuable ideas and practical suggestions.
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Monitoring Performance of Businesses
Please recommends books or articles on how to implement performance management framework for an investment holding company. Our company holds investments in core businesses and private equity. How t...
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Performance Measurement: Realistic?
How practical and realistic is performance measurement in organisations. In most cases, it looks very juicy on paper yet in practice is does not appear to be producing the expected outcomes....
266 3 comments
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Customer Performance Management
Customer Performance Management (CPM) is also another variation. CPM focuses on acquiring, managing and growing the best performing customers from a satisfaction, profitability and risk perspective....
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Expert Tips
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Advanced insights about Performance Management. Here you will find professional advices by experts.
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Corporate Performance Management Best Practices CPM Best Practices
I just finished reading "Five Key Principles of Corporate Performance Management" by Bob Paladino.
Paladino collected a...
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Best Practices to Better Target Setting Management by Objectives, SMART, Business Performance Management, Balanced Scorecard, KPIs, CSFs
In most organizations it is very common to specify organizational targets with the aim of increasing performance. This s...
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Organodynamics: the 3 Laws at the Basis of Performance in Organizations Strategic Performance Management, Leadership, Corporate Mission, Corporate Culture
Sherwood (2014) introduces the concept of organodynamics, a concept that explores the level of performance that can be a...
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How to Incorporate Sustainability into Performance Management? Sustainability Balanced Scorecard, SBSC, Triple Bottom Line
Due to the fact that corporate sustainability issues have become more and more important, organizations are now forced t...
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3 Steps in Solving Problems with Data Credibility Improving Data Reliablility, IT, Business Intelligence
The problem of data credibility
Data credibility problems have been existed for many years. Due to this credibility pro...
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Corporate Performance Management Role and Steps Implementing CPM Processes
Corporate Performance Management has been meant to link management methodologies with business needs for reporting and b...
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Information Sources
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Various sources of information regarding Performance Management. Here you will find powerpoints, videos, news, etc. to use in your own lectures and workshops.
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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...
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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...
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Controlling as a Management Function Controlling, Management Control
Presentation about controlling as a management activity includes the following sections:
1. Why Management Controlling?...
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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...
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