Corporate 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.

Forum Forum discussions about Performance Management. 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 ones. If you know one that isn't mentioned yet,... 9   1 comments 🔥 Surrogation in Business Performance 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 ... 8   8 comments How to Measure the Performance of Admin and Support Departments? My organisation is split into admin/support (ca 80%) and sales (20%). The challenge is coming up with a method to set objective/measurable targets for admin/support departments, given that most of the... 6   1 comments Limitations of Traditional Performance Management What are the limitations of traditional measures of performance measurement and management in organizations?... 4   2 comments Start a new topic about Performance Management Sign up for free

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Best Practices The best, top-rated topics about Performance Management. Here you will find the most valuable ideas and practical suggestions. 🥇 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 and PM is not aligned to the strategy?... 353   11 comments 🥈 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 employees? I'm conducting research for an undergraduat... 336   10 comments 🥉 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 in vogue?... 325   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 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 function. Which areas should I focus on? Any exampl... 259   3 comments 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.... 138

Expert Tips Advanced insights about Performance Management. Here you will find professional advices by experts. Consultancy Tips Teaching Tips Practical Implementation Tips 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... 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... 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... 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... 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... 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...

Information Sources Various sources of information regarding Performance Management. Here you will find powerpoints, videos, news, etc. to use in your own lectures and workshops. 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... 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... Controlling as a Management Function Controlling, Management Control Presentation about controlling as a management activity includes the following sections: 1. Why Management Controlling?... 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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