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.
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
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Performance Management Education & Events
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Corporate Performance Management Best Practices
I just finished reading "Five Key Principles of Co...
Usage (application): CPM Best Practices
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Best Practices to Better Target Setting
In most organizations it is very common to specify...
Usage (application): Management by Objectives, SMART, Business Performance Management, Balanced Scorecard, KPIs, CSFs
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Organodynamics: the 3 Laws at the Basis of Performance in Organizations
Sherwood (2014) introduces the concept of organody...
Usage (application): Strategic Performance Management, Leadership, Corporate Mission, Corporate Culture
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How to Incorporate Sustainability into Performance Management?
Due to the fact that
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3 Steps in Solving Problems with Data Credibility
The problem of data credibility
Data c...
Usage (application): Improving Data Reliablility, IT, Business Intelligence
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Corporate Performance Management Role and Steps
Corporate Performance Management has been meant to...
Usage (application): Implementing CPM Processes
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Establishing a Performance Management Framework for Government
It is argued in this paper by Jack Diamond that to...
Usage (application): Performance Management in Government
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The Design and Use of Management Control Systems
Building on the frameworks of Simons (1995) and Ot...
Usage (application): Performance Management & Control
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Controlling as a Management Function
Presentation about controlling as a management act...
Usage (application): Controlling, Management Control
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KPIs and KPI Management
Introduction by expert Joe Panebianco gives a firs...
Usage (application): Understanding KPIs, Introduction
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Compare with Corporate Performance Management:
Business Intelligence
| Activity Based Costing |
Balanced Scorecard |
CSFs and KPIs |
Value Based Management
Return to Management Hub: Change & Organization | Communication & Skills | Decision-making & Valuation | Finance & Investing | Strategy
More Management Methods, Models and Theory
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Special Interest Group Leader
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