The Other BPM: Operational Performance Management
While in the past the primary motivation for companies to implement business performance management (BPM) has been the bottom line (with priority given to budgeting and planning applications and scorecards), business, finance, and IT decision-makers now are focusing on creating value by more effectively managing their operations and business processes...
Case Study: United States Sugar Corporation
As a commodity business, United States Sugar Corporation is used to operating at the whim of Mother Nature...
Business Performance Management: First Movers Speak Out
At the first annual Business Performance Management Summit, held last fall, practitioners, consultants, academics, and vendors met to discuss issues and trends that are critical to the implementation of business performance management (BPM) software and processes...
The First Word
For business performance management (BPM) to truly deliver on its promise, it needs to move beyond the finance function. Many world-class companies have...
Cascading Corporate Goals: The Missing Link in Creating Performance-Driven Organizations
At its essence, becoming "performance-driven" is about motivating the entire work force -- including all employees, partners, suppliers, agents, and others inside and outside the enterprise -- to work collectively to execute the strategy of the organization...
Profit-Margin Math: Leveraging ABM Data for Exceptional BPM Results
Do you know what we think of our cost accounting system? It is a bunch of fictitious lies -- but we all agree to it...
The First Word
Putting Theory Into Practice No matter how you look at it, today's operating environment is fundamentally different from anything most of us have ever...
The New Spectrum: How the Performance Prism Framework Helps
High-profile corporate collapses have led shareholders to question whether their investments are in safe hands...
The Last Word
Do You Want to No a Secret? Even though it wasn't a court-ordered condition of my parole, I was in a meeting recently about business ethics, during which...
Introducing and Managing Organizational Change in Support of BPM
The world of business has never been more dynamic or challenging. Unfortunately, traditional business models are no match for current realities...
Becoming Lean, Adaptive, and Ethical: How to Move Beyond Budgeting
Today's business executive is surrounded by challenges. Pressures on costs and pricing make lean, efficient operations necessary for survival...
A Personal Case Study: A CFO's Perspective on Business Performance Management
The Danish philosopher Søren Kierkegaard wrote, "Life can only be understood backwards; but it must be lived forwards."...
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