Enterprise Performance Management
The most important function and responsibility of management, in any organization, is to make timely quality decisions. Decision making relies heavily on the availability of right information. At times, the information becomes the key factor that differentiates a good decision from a bad one. Additionally, managers are also expected to track the results of their decisions and consequently initiate corrective actions.
If the answer to any or all of the above is yes, you need to seriously consider Enterprise Performance Managment (EPM)
Enterprise Performance Management (EPM), in essence, is a framework to organize, communicate, automate and monitor the business activities, processes, metrics, and technology system with the strategic intent to drive performance across the organization. Enterprise Performance Management framework offers both business methodology and supporting technology. Enterprise Performance Management consolidates information from silos and presents one coherent visualization of the organization performance at Operational, Tactical and Strategic levels. After establishing EPM practice, organizations realize tangible benefits through proactive engagement of operational challenges and alignment with business strategy.