Corporate performance management (CPM) builds on a foundation of business intelligence, according to key performance indicators such as revenue, return on investment, overhead, and operational costs and is the crucial capability by which to monitor and manage an organisation’s performance.
According to Gartner:
“CPM is an umbrella term that describes the methodologies, metrics, processes and systems used to monitor and manage the business performance of an enterprise. Applications that enable CPM translate strategically focused information to operational plans and send aggregated results. CPM must be supported by a suite of analytic applications that provide the functionality to support the business processes, methodologies and metrics”
To me this is another DMAIC cycle at company level, with the support of the ERP solutions and the perspective of finances as first axis.
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