You are probably familiar with the saying that ‘if you don't measure
it, you can’t improve it.’ Never before has this held truer than it
does today where corporate accountability and financial performance
rule the day.
What is Enterprise Performance Management (EPM)?
EPM should be a pervasive concept throughout the enterprise. As a
concept, it should be at the forefront of every employee’s mind, and
day-to-day actions should be thought of within the context of the
desired performance traits and characteristics that the organization
desires to achieve.
As a practice, EPM should be integrated into the strategy, planning,
and programme management aspects of the business. Targets should be
established, grading and scoring mechanisms applied, and evaluation
should be performed on a periodic and continuous basis.
We combine the simplicity of the balanced scorecard approach with an
enterprise-wide view into how to link performance from the strategy
end of the spectrum to the tactical execution end.
Our performance management consultants can help you to establish a
‘performance’ culture, by brining the concept into your organization
in the right manner, and by applying the EPM techniques and methods
in the right order and at the right time.
We can help you to establish a programme that ties your EPM
programme to your company compensation and bonus policies so that
your people are properly rewarded for hitting targets and are
motivated to find ways to increase the performance of the
organization for mutual reward.