Business Analytics and Scorecards: An Unbeatable Combination
These two transformative technologies are the key to breakthrough performance....
The Predictive Accounting Revolution: Why BPM Is Key
In a recent post to the Big Fat Finance Blog, BPM guru Gary Cokins argued that a tectonic shift is under way in accounting as companies transition from decision-making based on descriptive, historical data to a forward-looking, participatory style of management. Cokins, product marketing manager with business analytics and BPM firm SAS and author of several books on performance management and cost accounting, talked with BPM about the hurdles companies face and how performance management software can help....
From Loosely Tied to Unified: Performance Management's Quest for Optimal Simplicity
Complexity is costly and risky. Companies need to turn a critical eye on their ever-expanding sprawl of performance management systems and processes....
A Deeper Dive Into ROI: Nano-Accounting for Higher Profitability
The Time Capsule: Looking Back at Your Job 50 Years From Now
It's 2060, and your company has just opened a time capsule sealed back in the dark days of late 2009. How will your job -- and your colleagues' jobs -- look to the men and women charged with steering corporate performance half a century in the future?...
7 Steps to Better Benchmarking
Largely unheard of in the business world until the mid-1990s, when Xerox Corp. used it to enhance its competitiveness, benchmarking has evolved to become...
A Toast to Pervasive BPM
LUXURY WINE AND SPIRITS IMPORTER Mot Hennessy USA operates in over 50 markets using a performance indicator system that each employee can easily access....
Amping Up ROI in Process Improvement
PROCESS IMPROVEMENT has always been the mainstay of organizations' attempts to enhance their overall performance, in part because it's much easier to...
A New Brand of Value: Integrating Branding Into Corporate Performance Management
Every business has a corporate brand that requires attentive management. Brands have an innate power to either hurt or help a company; the organization...
Improving Process Improvement: How BPM Can Amp Up Returns
Business performance management (BPM) can significantly improve the effectiveness of process improvement initiatives and boost ROI. This is because the key to preventing process improvement failure — and the primary focus of BPM — is good information....
The Elephant in BPM's Room: Unhealthy Performance Management Policies
The economic crisis was caused, in part, by fundamental business process management (BPM) issues that led to some destructive behaviors and left companies with very poor resistance to economic stresses. Yet little attention seems to be given to these elephant-in-the-room issues....
Beyond Head Count Reduction: Powering Performance Through Operational Change
Organizations that focus solely on reducing costs and head count will likely experience an endless cycle of quality issues and declining revenues. Rather than this strategy of self-reinforcing contraction, what’s needed is operational change to unlock performance and create real and sustainable value. ...
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