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Corporate performance management

Corporate performance management (CPM) combines business intelligence (BI) with performance methodologies, processes and metrics. Enterprises can use CPM to leverage BI initiatives and gain insight into their business. Understanding the convergence between these aspects of CPM is key to enterprise success – enterprises that effectively deploy CPM solutions will outperform their industry peers.

There is no single CPM methodology because CPM spans the complete management control cycle. Many of the methodologies have existed for decades, such as activity-based costing, or are popular already, such as the balanced scorecard (BSC). To implement CPM, enterprises need to integrate and blend several of these methodologies, instead of deploying each in isolation.

To integrate and blend methodologies, enterprises should use the CPM processes, metrics and systems. The CPM processes that enterprises define help to determine how and where to connect the various methodologies so that they "feed" each other in the various steps of the management control cycle. Metrics help to define how various methodologies need to be aligned. Systems help to create a fluid user experience, and share data and metadata to be able to feed and align
 
 


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