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The advancement of performance management into business has been quite significant as new and refined management processes from business strategies positively impact performance. The potential improvement for streamlining management and operational activities to improve effectiveness is now available for any sized organization anywhere in the world. Ensuring that you find the same success will require a heavy dose of best practices on using technology designed to manage strategies and initiatives through scorecards and applications to support the opportunity for maximizing performance management.
For many organizations the steps forward has not been easy as they struggle with changes to processes and gaining insight from information that is widely unavailable or locked up in strategy discussions or executive scorecards. With too many the steps forward have resulted in chaos more than excitement about making tangible improvement. Imbalances and business pressure to change behavior of people and adjustments to processes have not been matched to having the information and technology investments that improve effectiveness. To improve the competency and skills in performance management require best practices through advancing your maturity in the use and deployment of strategies and into scorecards and applications that can improve your people and processes for improving critical bottom line results.
Improving your competency and your performance management potential may seem daunting but actually can be achieved through a careful application of best practices and focus on the basic fundamentals. While most organizations have limited their potential through the use of spreadsheets and other personal productivity software for performance management for strategy and scorecards the role of enterprise level technology is easily seen as critical for reaching the entire organization. Achieving the maximum impact from your investment into your performance management efforts requires an application of best practices in leveraging technology to improve your processes. Applying your best efforts will require additional insight from that can ensure you spend the least amount of time in areas that do not help you achieve those results.
Our benchmark research and experience in the industry confirms that organizations must look to make improvement across their people, process, information and technology investments to reach maximum levels of maturity for deploying strategies into scorecards for performance management. The task of improving your efforts may seem overwhelming, but our education will help you to achieve the full value in your investments that can contribute to the most effective management of your performance.
Best Regards,
Best Practices:
Aligning Strategy Management and Scorecards into Performance Management (WMV)
Determine how to transform strategy into action with operational scorecards
Leverage Strategy and Scorecards for Performance Management (WMV)
Best Practices and Insight into Program and Processes for Improvement
Industry Webcast on Best Practices in FPM (WMV)
Discussion on steps to improve your financial processes and technology
Strategy & Scorecards for Performance Management (PDF)
Best Practices & Insight into Processes and Technology for Improvement
Performance Scorecards and Dashboards (PDF)
Examining the Use of Scorecards and Dashboards
Financial Performance Management for the 21st Century (PDF)
A CFO’s agenda for using IT to align strategy and execution
The Fast, Clean Close Benchmark
Processes and systems for best execution
Operational Business Intelligence BenchmarkResearch
Assessing market trends and the use of BI in operations
Workforce Analytics and Business Intelligence
Understanding and Improving Workforce Performance
Business:
Performance Management – A Grand Opportunity to Improve (PDF)
Managing performance is at the core of every organization’s mission
Benefiting from Making Strategy Mandatory (PDF)
Using the company requirement for fuller disclosure as a catalyst
Making the Balanced Scorecard Work (PDF)
Reoccurring implementation issues often limit the bottom-line benefits achievable
Scorecarding for Total BPM (PDF)
The balanced scorecard as a platform for performance optimization
The Effective CFO (PDF)
For finance leaders, efficiency isn’t enough any more
Technology:
Getting More from Scorecards and Dashboards (PDF)
Research reveals shortfalls in timeliness, accuracy and adequacy of information
Dashboards or Scorecards - What's the Difference? (PDF)
Confusing Definitions about these Terms Often Limit Your Ability to Realize their Potential
Spreadsheets and Reporting: Anatomy of a Problem (PDF)
Attractive alternatives to spreadsheets exist for automating recurring reporting
When ERP Is Not the Right Choice (PDF)
ERP can do more for your company – but it doesn’t do everything
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