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Encyclopedia > Corporate performance management

Corporate performance management (CPM) is a concept introduced by Gartner Research in 2001, which "all of the processes, methodologies, metrics and systems needed to measure and manage the performance of an organization."[1] Wikipedia does not have an article with this exact name. ... It has been suggested that this article or section be merged with business Performance Management. ... Wikipedia does not have an article with this exact name. ... It has been suggested that Corporate performance management be merged into this article or section. ... Wikipedia does not have an article with this exact name. ... It has been suggested that this article or section be merged with business Performance Management. ... Image File history File links Information. ... Shortcut: WP:WIN Wikipedia is an online encyclopedia and, as a means to that end, also an online community. ... Shortcut: WP:NPOV Wikipedia policy is that all articles should be written from a neutral point of view. ... Shortcut: WP:RULES Wikipedia is a collaborative project and its founders and contributors have a common goal: Wikipedia has some policies and guidelines that help us to work toward that common goal. ... Gartner logotype. ...


Until recent years business owners assessed the performance of their enterprises (usually monthly) by seeing if the objectives in their strategic plan were being met and the targets in their budget exceeded.


For years, owners have sought in vain to drive strategy down and across their organizations, they have struggled to transform strategies into actionable metrics and they have grappled with meaningful analysis to expose the cause-and-effect relationships that, if understood, could give profitable insight to their operational decision makers.


Now corporate performance management (CPM) software and methods allow a systematic, integrated approach that links enterprise strategy to core processes and activities. “Running by the numbers” now means something as planning, budgeting, analysis and reporting can give the measurements that empower management decisions.


Unlike business intelligence or data warehousing, there is not a single person that can be pointed to as the 'father of CPM'. Recently, though, a number of books have tried to make the methodology of CPM more approachable, including the Chief Performance Officer methodology. Business intelligence (BI) is a business management term, which refers to applications and technologies that are used to gather, provide access to, and analyze data and information about company operations. ... A data warehouse is a record of an enterprises past transactional and operational activities, stored in a database. ...

Contents

External links

  • BusinessWeek Magazine: Giving the Boss the Big Picture: A dashboard pulls up everything the CEO needs to run the show (February 2006)
  • Performance Dashboards: An example of a visually-based business dashboard (A common method of using software to track performance metrics)
  • 2GC Performance Management Resource Centre

CPM Software

Hyperion


See also

It has been suggested that Corporate performance management be merged into this article or section. ...

Notes

  1. ^ Buytendijk, Frank; Geishecker, Lee; Wood, Brian (2004), Gartner Research, "Magic Quadrant for CPM Suites: No Dramatic Movement in 2004" Accessed 14 February 2006.

Further reading

  • Wade, David and Ronald Recardo, Corporate Performance Management. Butterworth-Heinemann, 2001 ISBN 0-87719-386-X
  • Mosimann, Roland P., Patrick Mosimann and Meg Dussault, The Performance Manager. 2007 ISBN 978-0-9730124-1-5

  Results from FactBites:
 
Corporate performance management - Wikipedia, the free encyclopedia (404 words)
Corporate performance management (CPM) is a concept introduced by Gartner Research in 2001, which "all of the processes, methodologies, metrics and systems needed to measure and manage the performance of an organization."
Until recent years business owners assessed the performance of their enterprises (usually monthly) by seeing if the objectives in their strategic plan were being met and the targets in their budget exceeded.
It should be noted that CPM is as much a process as a technology and that the software is only part of the puzzle.
  More results at FactBites »


 
 

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