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Closed Loop Performance Management: Closing the Gap between Strategy & Execution

White Paper Published By: SAP
SAP
Published:  Mar 02, 2010
Type:  White Paper
Length:  16 pages

Formal performance-management (PM) methodologies and solutions can give organizations the discipline to prosper during difficult economic times while providing the flexibility to pursue opportunities as they arise. Although many organizations have strong practices for individual PM processes such as budgeting or financial close, integration of these processes is key to closing the loop between strategic planning and tactical execution. Read this paper and see how you can close the gap between Strategy and Execution.

Implementing individual enterprise performance management (EPM) applications brings undoubted benefits to organizations,especially when they replace previously inefficient processes that relied on tools such as spreadsheets. But best-practice performance management,such as that set out by Doctors Robert Kaplan and David Norton in The Execution Premium, requires performance management processes to run seamlessly across enterprise performance management applications



Tags : 
sap, bpm, business process management, idg, it management, soa

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