Corporate Performance Management

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Strategically monitoring and managing the performance of a company. Explanation of 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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Recent topics

  Performance Management in Government Departments
I' d like to have your reactions on how Performance Management can be implemented in government departments where there is a culture of inconsistency ...
     
 
  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 no...
     
 
  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 performance of logistics & warehouse f...
     
 
  Overview of Performance Measurement Systems
I would like to create an overview in this forum of all performance measurement systems / theories / methods existing today, including the most recent...
     
 
  Limitations of Traditional Performance Management
What are the limitations of traditional measures of performance measurement and management in organizations?...
     
 

Best Practices - Performance Management
  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 company with less than 50 emplo...
     
 
  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 wills & collaborative styles are...
     
 
  Monitoring Performance of Businesses
Please recommends books or articles on how to implement performance management framework for an investment holding company. Our company holds investm...
     
 
  Customer Performance Management
Customer Performance Management (CPM) is also another variation. CPM focuses on acquiring, managing and growing the best performing customers from a s...
     
 

Expert Tips - Performance Management
 

Corporate Performance Management Best Practices

CPM Best Practices
I just finished reading "Five Key Principles of Corporate Performance Management" by Bob Paladino.
 
 
 

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...
 
 
 

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 perfo...
 
 
 

How to Incorporate Sustainability into Performance Management?

Sustainability Balanced Scorecard, SBSC, Triple Bottom Line
Due to the fact that corporate sustainability
 
 
 

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 yea...
 
 
 

Corporate Performance Management Role and Steps

Implementing CPM Processes
Corporate Performance Management has been meant to link management methodologies with business needs...
 
 

Resources - Performance Management

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 s...
 

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...
 

Controlling as a Management Function

Controlling, Management Control
Presentation about controlling as a management activity includes the following sections:
1. Why...
 

KPIs and KPI Management

Understanding KPIs, Introduction
Introduction by expert Joe Panebianco gives a first understanding of what Key Performance Indicators...
 
 

News about Strategic Performance Management


     
 

News about Corporate Performance Management


     
 

Videos about Strategic Performance Management


     
 

Videos about Corporate Performance Management


     
 

Presentations about Strategic Performance Management


     
 

Presentations about Corporate Performance Management


     
 

Books about Strategic Performance Management


     
 

Books about Corporate Performance Management


     
 

More about Strategic Performance Management


     
 

More about Corporate Performance Management


     

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


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