Translating Strategy into Performance
Corporate Performance Management (CPM) is the area of Business Intelligence (BI) involved with monitoring and managing your organisation’s performance, according to Key Performance Indicators (KPIs) such as revenue, Return on Investment (ROI), overhead, and operational costs. CPM is also known as Business Performance Management (BPM).
This includes forecasting, budgeting and planning functions, as well as graphical scorecards and dashboards that display and deliver vital corporate information.
Mazepoint’s approach to CPM helps clients improve management information and prospective visibility through alignment of financial, operational and regulatory metrics that drive accountabilities, decision support and operational execution. Our CPM interface (Mazeview) displays figures for key performance indicators so that employees can track individual and project performance relative to corporate goals and strategies.
With a focused and proven approach, we help clients with:
- CPM tool deployment—evaluate, design and optimise CPM tools and data models to support planning, analytics and reporting
- Dashboards, scorecards and KPI development—improve operational efficiencies through appropriate alignment of targeted metrics measuring your organisation’s performance from customer, operational, organisational and financial perspectives.
- Budgeting and Planning optimisation—improve the reliability and process efficiency of prospective information, including driver based budgeting and rolling forecasts.
Bridge the Gap
Organisations continually struggle to meld their strategic intent with their operations, often leaving a gap between the strategy they develop and their ability to execute that strategy in day-to-day business. What’s needed is a better capability to understand the pulse of the organisation—not only what is going on financially, but in terms of operations and compliance — actionable management information to guide their operational and financial decisions. Developing a strategic performance management approach drives sustainable performance by aligning the activities of the management team and employees with corporate strategy.