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Corporate Performance Management
Butler Group, June 2004, Pages: 252
What is CPM?
Most organisations will have elements of BI in place to help them analyse and understand historic performance and identify and track key trends. These organisations will also make varying use of budgeting and planning tools in order to project the future direction of the business in an attempt to predict or steer future performance. What is therefore needed is something to sit between these two elements, to have one eye on the past and another on the future, in order that performance against objectives can be clearly managed. In short, CPM brings these two areas together, giving the organisation a window onto performance - the ability to compare predictions, goals, and plan to operational execution.
The report also reveals:
- How a lack of focus to data quality is set to derail many organisational CPM initiatives.
- How CPM provides a framework for achieving a balanced view of company performance against strategy, targets, and goals.
- Why CPM needs to be implemented as a closed loop system, with the necessary elements of feedback, control, and external inputs.
- How CPM can play a central role in supporting compliance initiatives.
- That the disciplines required to properly implement and use CPM can enforce positive change within the business.
- How successful CPM initiatives need to blend technology with methodology.
- A roadmap for guiding CPM evaluation and deployment.
- The set of technologies that underpin CPM.
- CPM-centric Business Control Model.
- A comparative analysis of the leading vendors.
The vendors and products included in this report are:
- Applix - Applix TM1 .
- Business Objects - Business Objects Enterprise 6.
- Cognos - Cognos – CPM.
- CorVu Corporation - CorStrategy 5.0.
- Geac ® - Geac® Performance Management™ 6.03.
- Hyperion - Business Performance Management (Version 1).
- Longview Solutions - Khalix 3.4.
- Oracle Corporation - Oracle CPM.
- OutlookSoft Corporation - Everest (Version 4.1).
- SAS - Corporate Performance Management.
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