SlideShare a Scribd company logo
What is Business Performance Management?
Essentials of Business Performance Management Software
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
2
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
Business Performance Management in the
most simplistic terms, is what business does
to get better. Typically, supported by
technology it consists of planning and setting
goals usually via some metric, executing
against those goals, and the management
analyzing the results.
DEFINITION
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
3
Business Performance Management
Main Activities
Business performance management has three main activities:
Defining goals
and key
measurements Measurement and
data collection of
information and
results related to
progress against the
defined goals
Managers assess
this information to
continuously
improve future
performance
against these goals
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
4
Business Performance Management
Business Performance Management discipline
gives companies a top-down framework by
which to align planning and execution,
strategy and tactics, as well as business units
and enterprise objectives
OVERALL STRATEGY
Strategic Planning and Thinking Using the Balanced Scorecard Source: The Institute Way: Simplify Strategic Planning &
Management with the Balanced Scorecard (www.balancedscorecard.org)
Mission
Purpose: What we do
Vision
Picture of the future
Perspectives
Different view of organizational performance
Strategic Themes and Results
Main focus areas (pillars of excellence) driving key results
Strategic Objectives and Strategy Maps
Key strategy components connected to tell a cause-and-effect value creation story
Performance Measures and Targets
Captures whether an organizations performing at the desired level or not
Strategic Initiatives
Projects and action plans that drive results
Customer / Stakeholder / Market Needs
Strategic
Altitude
30,000 ft.
25,000 ft.
25,000 ft.
Ground
Level
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
5
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
Business Performance Management
Source: Wikipedia
Regardless of the organization size,
the challenges are the same - collecting large amounts of
data, reporting of this data, and then applying analytics in an
effort to assist management decision making
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
6
What is BPM software?
Definition
Business performance management software helps automate
performance management by supporting a variety of business
performance frameworks used in various business domains, and
encompasses the planning, analytics and execution of related
processes.
It helps organizations to map the vision and mission with everyday
business activities.
“
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
7Source: Wikipedia
Business Performance Management software assists in the process of consolidating data, collecting,
analyzing and reporting data. With this data performance can be benchmarked and measured.
Business Performance Management Software
HOW?
By consolidating data from various
sources, querying, and analyzing data
By offering a comprehensive
overview of business performance
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
8
• Business Performance Management software helps automate
performance management according to the framework adopted
by the organization
• Among the various frameworks for implementing business
performance management, the balanced scorecard is often used
as the basis for business performance management activity within
organizations
Business Performance Management Software
VMOT
SWOT
Porter 5 Forces
PESTEL
SOAR
Boston MatrixBoston Matrix
BSC
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
9
Business Performance Management software helps to
capture performance management information as per the
structured hierarchies of the business model and link them to
strategy
Business Performance Management Software
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
10
Business Performance Management software helps to align individual goals and objectives with the company strategy
COMPANY
GOALS INITIATIVES OBJECTIVES KPIS
Business Performance Management Software
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
11
Business Performance Management
software provides even a granular
view of performance, with highly
detailed performance indicators
FOR ILLUSTRATION
PURPOSES ONLY
Business Performance Management Software
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
12
Business Performance Management
software provides insights into
performance by using dashboards
that engage active participation
from all stakeholders.
FOR ILLUSTRATION
PURPOSES ONLY
Business Performance Management Software
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
13
With Business Performance Management
software, you can link management disciplines,
such as risk, strategy, operations, quality,
projects, processes, HR, and finance in a single
interface to enable the right business context to
make the right decisions
FOR ILLUSTRATION
PURPOSES ONLY
Business Performance Management Software
Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved.
14
Run Your Business More Effectively by Measuring,
Managing, and Driving Performance
See How BPM Software works
REQUEST DEMO
Thank You
marketing@corporater.com
www.corporater.com

More Related Content

What's hot

KPI Or KRI
KPI Or KRIKPI Or KRI
KPI Or KRI
johnshenton
 
Q3 2015 IRM Presentation
Q3 2015 IRM PresentationQ3 2015 IRM Presentation
Q3 2015 IRM Presentation
IronMInc
 
Balanced scorecard orientation (intro public)
Balanced scorecard orientation (intro   public)Balanced scorecard orientation (intro   public)
Balanced scorecard orientation (intro public)
ParCon Consulting, LLC
 
A review of balanced scorecard use in small to medium enterprises
A review of balanced scorecard use in small to medium enterprisesA review of balanced scorecard use in small to medium enterprises
A review of balanced scorecard use in small to medium enterprises
Phuong Dx
 
Strategy review, evaluation, and control
Strategy review, evaluation, and controlStrategy review, evaluation, and control
Strategy review, evaluation, and control
Aaqib Sarwar
 
Moving From Scorecards To Strategic Management
Moving From Scorecards To Strategic ManagementMoving From Scorecards To Strategic Management
Moving From Scorecards To Strategic Management
Wynyard Group
 
Strategic monitoring-system
Strategic monitoring-systemStrategic monitoring-system
Strategic monitoring-systemAnita Sharma
 
Integrated Performance Management
Integrated Performance ManagementIntegrated Performance Management
Integrated Performance Management
Glen Alleman
 
Vodafone Business Performance Measures
Vodafone  Business Performance MeasuresVodafone  Business Performance Measures
Vodafone Business Performance MeasuresToru Sekiguchi
 
CSF (Critical Success Factore) & KPI (Key Performance Indicator)
CSF (Critical Success Factore) & KPI (Key Performance Indicator)CSF (Critical Success Factore) & KPI (Key Performance Indicator)
CSF (Critical Success Factore) & KPI (Key Performance Indicator)
Hemant Arora
 
The Distinction Between Business Intelligence (BI) and Corporate Performance ...
The Distinction Between Business Intelligence (BI) and Corporate Performance ...The Distinction Between Business Intelligence (BI) and Corporate Performance ...
The Distinction Between Business Intelligence (BI) and Corporate Performance ...
Mika Aho
 
Gartner Shares the Most Important PPM Trends for 2014 - 051214
Gartner Shares the Most Important PPM Trends for 2014 - 051214Gartner Shares the Most Important PPM Trends for 2014 - 051214
Gartner Shares the Most Important PPM Trends for 2014 - 051214
UMT360
 
Introduction To KPIs
Introduction To KPIsIntroduction To KPIs
Introduction To KPIsAlastairs1
 
Key Performance Indicators You Should Know
Key Performance Indicators You Should KnowKey Performance Indicators You Should Know
Key Performance Indicators You Should Know
Jessica Smith
 
Performance Management- Guest Lecture
Performance Management- Guest LecturePerformance Management- Guest Lecture
Performance Management- Guest Lecturekaushiknandi79
 
Intro of KPI
Intro of KPIIntro of KPI
Intro of KPI
Khafiah Tan
 
Strategy review, evaluation and control
Strategy review, evaluation and controlStrategy review, evaluation and control
Strategy review, evaluation and control
Mervyn Maico Aldana
 
Presentation | Strategy Implementation Success Factors
Presentation | Strategy Implementation Success FactorsPresentation | Strategy Implementation Success Factors
Presentation | Strategy Implementation Success Factors
Dr. Arnoud van der Maas
 

What's hot (20)

KPI Or KRI
KPI Or KRIKPI Or KRI
KPI Or KRI
 
Q3 2015 IRM Presentation
Q3 2015 IRM PresentationQ3 2015 IRM Presentation
Q3 2015 IRM Presentation
 
Balanced scorecard orientation (intro public)
Balanced scorecard orientation (intro   public)Balanced scorecard orientation (intro   public)
Balanced scorecard orientation (intro public)
 
A review of balanced scorecard use in small to medium enterprises
A review of balanced scorecard use in small to medium enterprisesA review of balanced scorecard use in small to medium enterprises
A review of balanced scorecard use in small to medium enterprises
 
Strategy review, evaluation, and control
Strategy review, evaluation, and controlStrategy review, evaluation, and control
Strategy review, evaluation, and control
 
Moving From Scorecards To Strategic Management
Moving From Scorecards To Strategic ManagementMoving From Scorecards To Strategic Management
Moving From Scorecards To Strategic Management
 
Strategic monitoring-system
Strategic monitoring-systemStrategic monitoring-system
Strategic monitoring-system
 
Integrated Performance Management
Integrated Performance ManagementIntegrated Performance Management
Integrated Performance Management
 
Vodafone Business Performance Measures
Vodafone  Business Performance MeasuresVodafone  Business Performance Measures
Vodafone Business Performance Measures
 
CSF (Critical Success Factore) & KPI (Key Performance Indicator)
CSF (Critical Success Factore) & KPI (Key Performance Indicator)CSF (Critical Success Factore) & KPI (Key Performance Indicator)
CSF (Critical Success Factore) & KPI (Key Performance Indicator)
 
Enterprise Performance Management
Enterprise Performance ManagementEnterprise Performance Management
Enterprise Performance Management
 
The Distinction Between Business Intelligence (BI) and Corporate Performance ...
The Distinction Between Business Intelligence (BI) and Corporate Performance ...The Distinction Between Business Intelligence (BI) and Corporate Performance ...
The Distinction Between Business Intelligence (BI) and Corporate Performance ...
 
Gartner Shares the Most Important PPM Trends for 2014 - 051214
Gartner Shares the Most Important PPM Trends for 2014 - 051214Gartner Shares the Most Important PPM Trends for 2014 - 051214
Gartner Shares the Most Important PPM Trends for 2014 - 051214
 
KPI
KPI KPI
KPI
 
Introduction To KPIs
Introduction To KPIsIntroduction To KPIs
Introduction To KPIs
 
Key Performance Indicators You Should Know
Key Performance Indicators You Should KnowKey Performance Indicators You Should Know
Key Performance Indicators You Should Know
 
Performance Management- Guest Lecture
Performance Management- Guest LecturePerformance Management- Guest Lecture
Performance Management- Guest Lecture
 
Intro of KPI
Intro of KPIIntro of KPI
Intro of KPI
 
Strategy review, evaluation and control
Strategy review, evaluation and controlStrategy review, evaluation and control
Strategy review, evaluation and control
 
Presentation | Strategy Implementation Success Factors
Presentation | Strategy Implementation Success FactorsPresentation | Strategy Implementation Success Factors
Presentation | Strategy Implementation Success Factors
 

Similar to What is Business Performance Management?

8 Reasons Why You Need A Strategy Management Software
8 Reasons Why You Need A Strategy Management Software8 Reasons Why You Need A Strategy Management Software
8 Reasons Why You Need A Strategy Management Software
Corporater
 
Driver6 Overview
Driver6 OverviewDriver6 Overview
Driver6 Overview
markdoll
 
CEO / CXO Architecture | The missing piece in your IT architecture
CEO / CXO Architecture | The missing piece in your IT architectureCEO / CXO Architecture | The missing piece in your IT architecture
CEO / CXO Architecture | The missing piece in your IT architecture
Corporater
 
IT Performance Measurement made easy
IT Performance Measurement made easyIT Performance Measurement made easy
IT Performance Measurement made easy
Arjan Woertman
 
Unit-5.docx
Unit-5.docxUnit-5.docx
Unit-5.docx
LAKSHMI V
 
Pragmatyx Solutions MIS
Pragmatyx Solutions MISPragmatyx Solutions MIS
Pragmatyx Solutions MIS
Mahurkar
 
Channel analytics 20150318
Channel analytics 20150318Channel analytics 20150318
Channel analytics 20150318
Rob Ford
 
Driver6 Overview
Driver6 OverviewDriver6 Overview
Driver6 Overview
markdoll
 
Knowledge management and business intelligence
Knowledge management and business intelligenceKnowledge management and business intelligence
Knowledge management and business intelligence
Azmi Taufik
 
Traditional CPM and BI: Definitions and Differences
Traditional CPM and BI: Definitions and DifferencesTraditional CPM and BI: Definitions and Differences
Traditional CPM and BI: Definitions and DifferencesDSPanel
 
Analysis of Impact by SAP in ERP
Analysis of Impact by SAP in ERPAnalysis of Impact by SAP in ERP
Analysis of Impact by SAP in ERP
IRJET Journal
 
Freedom2Act Strategy Review
Freedom2Act Strategy ReviewFreedom2Act Strategy Review
Freedom2Act Strategy Review
Freedom2Act ApS
 
Operation Stratgy of Mindtree
Operation Stratgy of MindtreeOperation Stratgy of Mindtree
Operation Stratgy of Mindtree
Ritesh Pokarne
 
Balanced_Scorecard.ppt
Balanced_Scorecard.pptBalanced_Scorecard.ppt
Balanced_Scorecard.ppt
AntonioMuizHernndez
 
Bi in financial industry
Bi in financial industryBi in financial industry
Bi in financial industry
Souvik Chakraborty
 
Bi in financial industry
Bi in financial industryBi in financial industry
Bi in financial industry
Souvik Chakraborty
 
Top 3 trends in financial planning
Top 3 trends in financial planningTop 3 trends in financial planning
Top 3 trends in financial planning
Karthik Ganeshan
 
IBM Cognos 10
IBM Cognos 10IBM Cognos 10
IBM Cognos 10
Keshaw Kumar Sahu
 
Connected Insight
Connected InsightConnected Insight
Connected Insight
KyuCho8
 
Nitin Sharma- Business Analyst
Nitin Sharma- Business AnalystNitin Sharma- Business Analyst
Nitin Sharma- Business AnalystNitin Sharma
 

Similar to What is Business Performance Management? (20)

8 Reasons Why You Need A Strategy Management Software
8 Reasons Why You Need A Strategy Management Software8 Reasons Why You Need A Strategy Management Software
8 Reasons Why You Need A Strategy Management Software
 
Driver6 Overview
Driver6 OverviewDriver6 Overview
Driver6 Overview
 
CEO / CXO Architecture | The missing piece in your IT architecture
CEO / CXO Architecture | The missing piece in your IT architectureCEO / CXO Architecture | The missing piece in your IT architecture
CEO / CXO Architecture | The missing piece in your IT architecture
 
IT Performance Measurement made easy
IT Performance Measurement made easyIT Performance Measurement made easy
IT Performance Measurement made easy
 
Unit-5.docx
Unit-5.docxUnit-5.docx
Unit-5.docx
 
Pragmatyx Solutions MIS
Pragmatyx Solutions MISPragmatyx Solutions MIS
Pragmatyx Solutions MIS
 
Channel analytics 20150318
Channel analytics 20150318Channel analytics 20150318
Channel analytics 20150318
 
Driver6 Overview
Driver6 OverviewDriver6 Overview
Driver6 Overview
 
Knowledge management and business intelligence
Knowledge management and business intelligenceKnowledge management and business intelligence
Knowledge management and business intelligence
 
Traditional CPM and BI: Definitions and Differences
Traditional CPM and BI: Definitions and DifferencesTraditional CPM and BI: Definitions and Differences
Traditional CPM and BI: Definitions and Differences
 
Analysis of Impact by SAP in ERP
Analysis of Impact by SAP in ERPAnalysis of Impact by SAP in ERP
Analysis of Impact by SAP in ERP
 
Freedom2Act Strategy Review
Freedom2Act Strategy ReviewFreedom2Act Strategy Review
Freedom2Act Strategy Review
 
Operation Stratgy of Mindtree
Operation Stratgy of MindtreeOperation Stratgy of Mindtree
Operation Stratgy of Mindtree
 
Balanced_Scorecard.ppt
Balanced_Scorecard.pptBalanced_Scorecard.ppt
Balanced_Scorecard.ppt
 
Bi in financial industry
Bi in financial industryBi in financial industry
Bi in financial industry
 
Bi in financial industry
Bi in financial industryBi in financial industry
Bi in financial industry
 
Top 3 trends in financial planning
Top 3 trends in financial planningTop 3 trends in financial planning
Top 3 trends in financial planning
 
IBM Cognos 10
IBM Cognos 10IBM Cognos 10
IBM Cognos 10
 
Connected Insight
Connected InsightConnected Insight
Connected Insight
 
Nitin Sharma- Business Analyst
Nitin Sharma- Business AnalystNitin Sharma- Business Analyst
Nitin Sharma- Business Analyst
 

More from Corporater

Ensure Preparedness with Operational Resilience - Article
Ensure Preparedness with Operational Resilience - ArticleEnsure Preparedness with Operational Resilience - Article
Ensure Preparedness with Operational Resilience - Article
Corporater
 
Quantifying Non-Financial Risk and contextualized Financial Risk is what brin...
Quantifying Non-Financial Risk and contextualized Financial Risk is what brin...Quantifying Non-Financial Risk and contextualized Financial Risk is what brin...
Quantifying Non-Financial Risk and contextualized Financial Risk is what brin...
Corporater
 
Internal controls of sustainability reporting - Infographic.pdf
Internal controls of sustainability reporting - Infographic.pdfInternal controls of sustainability reporting - Infographic.pdf
Internal controls of sustainability reporting - Infographic.pdf
Corporater
 
Understanding GPRC
Understanding GPRCUnderstanding GPRC
Understanding GPRC
Corporater
 
Capabilities of a Digital Twin.pdf
Capabilities of a Digital Twin.pdfCapabilities of a Digital Twin.pdf
Capabilities of a Digital Twin.pdf
Corporater
 
Infographic- 3 Phases of Digital Maturity
Infographic- 3 Phases of Digital MaturityInfographic- 3 Phases of Digital Maturity
Infographic- 3 Phases of Digital Maturity
Corporater
 
Infographic - What is an ISO Compliance Software?
Infographic - What is an ISO Compliance Software?Infographic - What is an ISO Compliance Software?
Infographic - What is an ISO Compliance Software?
Corporater
 
Key Benefits of IT and Cyber Risk Management Software | Infographics
Key Benefits of IT and Cyber Risk Management Software | InfographicsKey Benefits of IT and Cyber Risk Management Software | Infographics
Key Benefits of IT and Cyber Risk Management Software | Infographics
Corporater
 
[Infographic] Enterprise Risk Management Technology Features – À La Carte
[Infographic] Enterprise Risk Management Technology Features – À La Carte[Infographic] Enterprise Risk Management Technology Features – À La Carte
[Infographic] Enterprise Risk Management Technology Features – À La Carte
Corporater
 
The Timeline for Operational Resilience Compliance [Infographic]
The Timeline for Operational Resilience Compliance [Infographic]The Timeline for Operational Resilience Compliance [Infographic]
The Timeline for Operational Resilience Compliance [Infographic]
Corporater
 
Infographic - Business Benefits of Strategy and Performance Management Systems
Infographic - Business Benefits of Strategy and Performance Management SystemsInfographic - Business Benefits of Strategy and Performance Management Systems
Infographic - Business Benefits of Strategy and Performance Management Systems
Corporater
 
Infographic - Critical Capabilities of a Good Risk Management Solution
Infographic - Critical Capabilities of a Good Risk Management SolutionInfographic - Critical Capabilities of a Good Risk Management Solution
Infographic - Critical Capabilities of a Good Risk Management Solution
Corporater
 
Infographic - Five Ways to Optimize CXO Dashboards
Infographic - Five Ways to Optimize CXO DashboardsInfographic - Five Ways to Optimize CXO Dashboards
Infographic - Five Ways to Optimize CXO Dashboards
Corporater
 
Infographic - Four Key Areas of Technology Support for Performance Management
Infographic - Four Key Areas of Technology Support for Performance ManagementInfographic - Four Key Areas of Technology Support for Performance Management
Infographic - Four Key Areas of Technology Support for Performance Management
Corporater
 
The Purpose of Holistic Risk Management
The Purpose of Holistic Risk ManagementThe Purpose of Holistic Risk Management
The Purpose of Holistic Risk Management
Corporater
 
Corporater Overview | Business Management Platform (BMP)
Corporater Overview | Business Management Platform (BMP)Corporater Overview | Business Management Platform (BMP)
Corporater Overview | Business Management Platform (BMP)
Corporater
 
Third-Party Risk Management (TPRM) | Risk Assessment Questionnaires
Third-Party Risk Management (TPRM) | Risk Assessment QuestionnairesThird-Party Risk Management (TPRM) | Risk Assessment Questionnaires
Third-Party Risk Management (TPRM) | Risk Assessment Questionnaires
Corporater
 
Building an Effective AML Program
Building an Effective AML ProgramBuilding an Effective AML Program
Building an Effective AML Program
Corporater
 
Infographic - The History of KPIs
Infographic - The History of KPIsInfographic - The History of KPIs
Infographic - The History of KPIs
Corporater
 
Compliance Management | Compliance Solutions
Compliance Management | Compliance SolutionsCompliance Management | Compliance Solutions
Compliance Management | Compliance Solutions
Corporater
 

More from Corporater (20)

Ensure Preparedness with Operational Resilience - Article
Ensure Preparedness with Operational Resilience - ArticleEnsure Preparedness with Operational Resilience - Article
Ensure Preparedness with Operational Resilience - Article
 
Quantifying Non-Financial Risk and contextualized Financial Risk is what brin...
Quantifying Non-Financial Risk and contextualized Financial Risk is what brin...Quantifying Non-Financial Risk and contextualized Financial Risk is what brin...
Quantifying Non-Financial Risk and contextualized Financial Risk is what brin...
 
Internal controls of sustainability reporting - Infographic.pdf
Internal controls of sustainability reporting - Infographic.pdfInternal controls of sustainability reporting - Infographic.pdf
Internal controls of sustainability reporting - Infographic.pdf
 
Understanding GPRC
Understanding GPRCUnderstanding GPRC
Understanding GPRC
 
Capabilities of a Digital Twin.pdf
Capabilities of a Digital Twin.pdfCapabilities of a Digital Twin.pdf
Capabilities of a Digital Twin.pdf
 
Infographic- 3 Phases of Digital Maturity
Infographic- 3 Phases of Digital MaturityInfographic- 3 Phases of Digital Maturity
Infographic- 3 Phases of Digital Maturity
 
Infographic - What is an ISO Compliance Software?
Infographic - What is an ISO Compliance Software?Infographic - What is an ISO Compliance Software?
Infographic - What is an ISO Compliance Software?
 
Key Benefits of IT and Cyber Risk Management Software | Infographics
Key Benefits of IT and Cyber Risk Management Software | InfographicsKey Benefits of IT and Cyber Risk Management Software | Infographics
Key Benefits of IT and Cyber Risk Management Software | Infographics
 
[Infographic] Enterprise Risk Management Technology Features – À La Carte
[Infographic] Enterprise Risk Management Technology Features – À La Carte[Infographic] Enterprise Risk Management Technology Features – À La Carte
[Infographic] Enterprise Risk Management Technology Features – À La Carte
 
The Timeline for Operational Resilience Compliance [Infographic]
The Timeline for Operational Resilience Compliance [Infographic]The Timeline for Operational Resilience Compliance [Infographic]
The Timeline for Operational Resilience Compliance [Infographic]
 
Infographic - Business Benefits of Strategy and Performance Management Systems
Infographic - Business Benefits of Strategy and Performance Management SystemsInfographic - Business Benefits of Strategy and Performance Management Systems
Infographic - Business Benefits of Strategy and Performance Management Systems
 
Infographic - Critical Capabilities of a Good Risk Management Solution
Infographic - Critical Capabilities of a Good Risk Management SolutionInfographic - Critical Capabilities of a Good Risk Management Solution
Infographic - Critical Capabilities of a Good Risk Management Solution
 
Infographic - Five Ways to Optimize CXO Dashboards
Infographic - Five Ways to Optimize CXO DashboardsInfographic - Five Ways to Optimize CXO Dashboards
Infographic - Five Ways to Optimize CXO Dashboards
 
Infographic - Four Key Areas of Technology Support for Performance Management
Infographic - Four Key Areas of Technology Support for Performance ManagementInfographic - Four Key Areas of Technology Support for Performance Management
Infographic - Four Key Areas of Technology Support for Performance Management
 
The Purpose of Holistic Risk Management
The Purpose of Holistic Risk ManagementThe Purpose of Holistic Risk Management
The Purpose of Holistic Risk Management
 
Corporater Overview | Business Management Platform (BMP)
Corporater Overview | Business Management Platform (BMP)Corporater Overview | Business Management Platform (BMP)
Corporater Overview | Business Management Platform (BMP)
 
Third-Party Risk Management (TPRM) | Risk Assessment Questionnaires
Third-Party Risk Management (TPRM) | Risk Assessment QuestionnairesThird-Party Risk Management (TPRM) | Risk Assessment Questionnaires
Third-Party Risk Management (TPRM) | Risk Assessment Questionnaires
 
Building an Effective AML Program
Building an Effective AML ProgramBuilding an Effective AML Program
Building an Effective AML Program
 
Infographic - The History of KPIs
Infographic - The History of KPIsInfographic - The History of KPIs
Infographic - The History of KPIs
 
Compliance Management | Compliance Solutions
Compliance Management | Compliance SolutionsCompliance Management | Compliance Solutions
Compliance Management | Compliance Solutions
 

Recently uploaded

Vitthal Shirke Microservices Resume Montevideo
Vitthal Shirke Microservices Resume MontevideoVitthal Shirke Microservices Resume Montevideo
Vitthal Shirke Microservices Resume Montevideo
Vitthal Shirke
 
AI Pilot Review: The World’s First Virtual Assistant Marketing Suite
AI Pilot Review: The World’s First Virtual Assistant Marketing SuiteAI Pilot Review: The World’s First Virtual Assistant Marketing Suite
AI Pilot Review: The World’s First Virtual Assistant Marketing Suite
Google
 
Providing Globus Services to Users of JASMIN for Environmental Data Analysis
Providing Globus Services to Users of JASMIN for Environmental Data AnalysisProviding Globus Services to Users of JASMIN for Environmental Data Analysis
Providing Globus Services to Users of JASMIN for Environmental Data Analysis
Globus
 
TROUBLESHOOTING 9 TYPES OF OUTOFMEMORYERROR
TROUBLESHOOTING 9 TYPES OF OUTOFMEMORYERRORTROUBLESHOOTING 9 TYPES OF OUTOFMEMORYERROR
TROUBLESHOOTING 9 TYPES OF OUTOFMEMORYERROR
Tier1 app
 
Orion Context Broker introduction 20240604
Orion Context Broker introduction 20240604Orion Context Broker introduction 20240604
Orion Context Broker introduction 20240604
Fermin Galan
 
Field Employee Tracking System| MiTrack App| Best Employee Tracking Solution|...
Field Employee Tracking System| MiTrack App| Best Employee Tracking Solution|...Field Employee Tracking System| MiTrack App| Best Employee Tracking Solution|...
Field Employee Tracking System| MiTrack App| Best Employee Tracking Solution|...
informapgpstrackings
 
How to Position Your Globus Data Portal for Success Ten Good Practices
How to Position Your Globus Data Portal for Success Ten Good PracticesHow to Position Your Globus Data Portal for Success Ten Good Practices
How to Position Your Globus Data Portal for Success Ten Good Practices
Globus
 
Enhancing Project Management Efficiency_ Leveraging AI Tools like ChatGPT.pdf
Enhancing Project Management Efficiency_ Leveraging AI Tools like ChatGPT.pdfEnhancing Project Management Efficiency_ Leveraging AI Tools like ChatGPT.pdf
Enhancing Project Management Efficiency_ Leveraging AI Tools like ChatGPT.pdf
Jay Das
 
A Sighting of filterA in Typelevel Rite of Passage
A Sighting of filterA in Typelevel Rite of PassageA Sighting of filterA in Typelevel Rite of Passage
A Sighting of filterA in Typelevel Rite of Passage
Philip Schwarz
 
Quarkus Hidden and Forbidden Extensions
Quarkus Hidden and Forbidden ExtensionsQuarkus Hidden and Forbidden Extensions
Quarkus Hidden and Forbidden Extensions
Max Andersen
 
Paketo Buildpacks : la meilleure façon de construire des images OCI? DevopsDa...
Paketo Buildpacks : la meilleure façon de construire des images OCI? DevopsDa...Paketo Buildpacks : la meilleure façon de construire des images OCI? DevopsDa...
Paketo Buildpacks : la meilleure façon de construire des images OCI? DevopsDa...
Anthony Dahanne
 
Globus Compute wth IRI Workflows - GlobusWorld 2024
Globus Compute wth IRI Workflows - GlobusWorld 2024Globus Compute wth IRI Workflows - GlobusWorld 2024
Globus Compute wth IRI Workflows - GlobusWorld 2024
Globus
 
GlobusWorld 2024 Opening Keynote session
GlobusWorld 2024 Opening Keynote sessionGlobusWorld 2024 Opening Keynote session
GlobusWorld 2024 Opening Keynote session
Globus
 
2024 RoOUG Security model for the cloud.pptx
2024 RoOUG Security model for the cloud.pptx2024 RoOUG Security model for the cloud.pptx
2024 RoOUG Security model for the cloud.pptx
Georgi Kodinov
 
Understanding Globus Data Transfers with NetSage
Understanding Globus Data Transfers with NetSageUnderstanding Globus Data Transfers with NetSage
Understanding Globus Data Transfers with NetSage
Globus
 
Webinar: Salesforce Document Management 2.0 - Smarter, Faster, Better
Webinar: Salesforce Document Management 2.0 - Smarter, Faster, BetterWebinar: Salesforce Document Management 2.0 - Smarter, Faster, Better
Webinar: Salesforce Document Management 2.0 - Smarter, Faster, Better
XfilesPro
 
Cracking the code review at SpringIO 2024
Cracking the code review at SpringIO 2024Cracking the code review at SpringIO 2024
Cracking the code review at SpringIO 2024
Paco van Beckhoven
 
OpenFOAM solver for Helmholtz equation, helmholtzFoam / helmholtzBubbleFoam
OpenFOAM solver for Helmholtz equation, helmholtzFoam / helmholtzBubbleFoamOpenFOAM solver for Helmholtz equation, helmholtzFoam / helmholtzBubbleFoam
OpenFOAM solver for Helmholtz equation, helmholtzFoam / helmholtzBubbleFoam
takuyayamamoto1800
 
Dominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdf
Dominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdfDominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdf
Dominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdf
AMB-Review
 
Corporate Management | Session 3 of 3 | Tendenci AMS
Corporate Management | Session 3 of 3 | Tendenci AMSCorporate Management | Session 3 of 3 | Tendenci AMS
Corporate Management | Session 3 of 3 | Tendenci AMS
Tendenci - The Open Source AMS (Association Management Software)
 

Recently uploaded (20)

Vitthal Shirke Microservices Resume Montevideo
Vitthal Shirke Microservices Resume MontevideoVitthal Shirke Microservices Resume Montevideo
Vitthal Shirke Microservices Resume Montevideo
 
AI Pilot Review: The World’s First Virtual Assistant Marketing Suite
AI Pilot Review: The World’s First Virtual Assistant Marketing SuiteAI Pilot Review: The World’s First Virtual Assistant Marketing Suite
AI Pilot Review: The World’s First Virtual Assistant Marketing Suite
 
Providing Globus Services to Users of JASMIN for Environmental Data Analysis
Providing Globus Services to Users of JASMIN for Environmental Data AnalysisProviding Globus Services to Users of JASMIN for Environmental Data Analysis
Providing Globus Services to Users of JASMIN for Environmental Data Analysis
 
TROUBLESHOOTING 9 TYPES OF OUTOFMEMORYERROR
TROUBLESHOOTING 9 TYPES OF OUTOFMEMORYERRORTROUBLESHOOTING 9 TYPES OF OUTOFMEMORYERROR
TROUBLESHOOTING 9 TYPES OF OUTOFMEMORYERROR
 
Orion Context Broker introduction 20240604
Orion Context Broker introduction 20240604Orion Context Broker introduction 20240604
Orion Context Broker introduction 20240604
 
Field Employee Tracking System| MiTrack App| Best Employee Tracking Solution|...
Field Employee Tracking System| MiTrack App| Best Employee Tracking Solution|...Field Employee Tracking System| MiTrack App| Best Employee Tracking Solution|...
Field Employee Tracking System| MiTrack App| Best Employee Tracking Solution|...
 
How to Position Your Globus Data Portal for Success Ten Good Practices
How to Position Your Globus Data Portal for Success Ten Good PracticesHow to Position Your Globus Data Portal for Success Ten Good Practices
How to Position Your Globus Data Portal for Success Ten Good Practices
 
Enhancing Project Management Efficiency_ Leveraging AI Tools like ChatGPT.pdf
Enhancing Project Management Efficiency_ Leveraging AI Tools like ChatGPT.pdfEnhancing Project Management Efficiency_ Leveraging AI Tools like ChatGPT.pdf
Enhancing Project Management Efficiency_ Leveraging AI Tools like ChatGPT.pdf
 
A Sighting of filterA in Typelevel Rite of Passage
A Sighting of filterA in Typelevel Rite of PassageA Sighting of filterA in Typelevel Rite of Passage
A Sighting of filterA in Typelevel Rite of Passage
 
Quarkus Hidden and Forbidden Extensions
Quarkus Hidden and Forbidden ExtensionsQuarkus Hidden and Forbidden Extensions
Quarkus Hidden and Forbidden Extensions
 
Paketo Buildpacks : la meilleure façon de construire des images OCI? DevopsDa...
Paketo Buildpacks : la meilleure façon de construire des images OCI? DevopsDa...Paketo Buildpacks : la meilleure façon de construire des images OCI? DevopsDa...
Paketo Buildpacks : la meilleure façon de construire des images OCI? DevopsDa...
 
Globus Compute wth IRI Workflows - GlobusWorld 2024
Globus Compute wth IRI Workflows - GlobusWorld 2024Globus Compute wth IRI Workflows - GlobusWorld 2024
Globus Compute wth IRI Workflows - GlobusWorld 2024
 
GlobusWorld 2024 Opening Keynote session
GlobusWorld 2024 Opening Keynote sessionGlobusWorld 2024 Opening Keynote session
GlobusWorld 2024 Opening Keynote session
 
2024 RoOUG Security model for the cloud.pptx
2024 RoOUG Security model for the cloud.pptx2024 RoOUG Security model for the cloud.pptx
2024 RoOUG Security model for the cloud.pptx
 
Understanding Globus Data Transfers with NetSage
Understanding Globus Data Transfers with NetSageUnderstanding Globus Data Transfers with NetSage
Understanding Globus Data Transfers with NetSage
 
Webinar: Salesforce Document Management 2.0 - Smarter, Faster, Better
Webinar: Salesforce Document Management 2.0 - Smarter, Faster, BetterWebinar: Salesforce Document Management 2.0 - Smarter, Faster, Better
Webinar: Salesforce Document Management 2.0 - Smarter, Faster, Better
 
Cracking the code review at SpringIO 2024
Cracking the code review at SpringIO 2024Cracking the code review at SpringIO 2024
Cracking the code review at SpringIO 2024
 
OpenFOAM solver for Helmholtz equation, helmholtzFoam / helmholtzBubbleFoam
OpenFOAM solver for Helmholtz equation, helmholtzFoam / helmholtzBubbleFoamOpenFOAM solver for Helmholtz equation, helmholtzFoam / helmholtzBubbleFoam
OpenFOAM solver for Helmholtz equation, helmholtzFoam / helmholtzBubbleFoam
 
Dominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdf
Dominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdfDominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdf
Dominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdf
 
Corporate Management | Session 3 of 3 | Tendenci AMS
Corporate Management | Session 3 of 3 | Tendenci AMSCorporate Management | Session 3 of 3 | Tendenci AMS
Corporate Management | Session 3 of 3 | Tendenci AMS
 

What is Business Performance Management?

  • 1. What is Business Performance Management? Essentials of Business Performance Management Software
  • 2. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 2 Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. Business Performance Management in the most simplistic terms, is what business does to get better. Typically, supported by technology it consists of planning and setting goals usually via some metric, executing against those goals, and the management analyzing the results. DEFINITION
  • 3. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 3 Business Performance Management Main Activities Business performance management has three main activities: Defining goals and key measurements Measurement and data collection of information and results related to progress against the defined goals Managers assess this information to continuously improve future performance against these goals
  • 4. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 4 Business Performance Management Business Performance Management discipline gives companies a top-down framework by which to align planning and execution, strategy and tactics, as well as business units and enterprise objectives OVERALL STRATEGY Strategic Planning and Thinking Using the Balanced Scorecard Source: The Institute Way: Simplify Strategic Planning & Management with the Balanced Scorecard (www.balancedscorecard.org) Mission Purpose: What we do Vision Picture of the future Perspectives Different view of organizational performance Strategic Themes and Results Main focus areas (pillars of excellence) driving key results Strategic Objectives and Strategy Maps Key strategy components connected to tell a cause-and-effect value creation story Performance Measures and Targets Captures whether an organizations performing at the desired level or not Strategic Initiatives Projects and action plans that drive results Customer / Stakeholder / Market Needs Strategic Altitude 30,000 ft. 25,000 ft. 25,000 ft. Ground Level
  • 5. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 5 Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. Business Performance Management Source: Wikipedia Regardless of the organization size, the challenges are the same - collecting large amounts of data, reporting of this data, and then applying analytics in an effort to assist management decision making
  • 6. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 6 What is BPM software? Definition Business performance management software helps automate performance management by supporting a variety of business performance frameworks used in various business domains, and encompasses the planning, analytics and execution of related processes. It helps organizations to map the vision and mission with everyday business activities. “
  • 7. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 7Source: Wikipedia Business Performance Management software assists in the process of consolidating data, collecting, analyzing and reporting data. With this data performance can be benchmarked and measured. Business Performance Management Software HOW? By consolidating data from various sources, querying, and analyzing data By offering a comprehensive overview of business performance
  • 8. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 8 • Business Performance Management software helps automate performance management according to the framework adopted by the organization • Among the various frameworks for implementing business performance management, the balanced scorecard is often used as the basis for business performance management activity within organizations Business Performance Management Software VMOT SWOT Porter 5 Forces PESTEL SOAR Boston MatrixBoston Matrix BSC
  • 9. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 9 Business Performance Management software helps to capture performance management information as per the structured hierarchies of the business model and link them to strategy Business Performance Management Software
  • 10. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 10 Business Performance Management software helps to align individual goals and objectives with the company strategy COMPANY GOALS INITIATIVES OBJECTIVES KPIS Business Performance Management Software
  • 11. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 11 Business Performance Management software provides even a granular view of performance, with highly detailed performance indicators FOR ILLUSTRATION PURPOSES ONLY Business Performance Management Software
  • 12. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 12 Business Performance Management software provides insights into performance by using dashboards that engage active participation from all stakeholders. FOR ILLUSTRATION PURPOSES ONLY Business Performance Management Software
  • 13. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 13 With Business Performance Management software, you can link management disciplines, such as risk, strategy, operations, quality, projects, processes, HR, and finance in a single interface to enable the right business context to make the right decisions FOR ILLUSTRATION PURPOSES ONLY Business Performance Management Software
  • 14. Confidential and/or proprietary. Not to be copied to third parties. © Copyright Corporater AS - All rights reserved. 14 Run Your Business More Effectively by Measuring, Managing, and Driving Performance See How BPM Software works REQUEST DEMO