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enterprise excellence

Enterprise Strategy Formulation

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Enterprise Performance Management

 

 

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 is about developing and managing a comprehensive performance programme throughout the entire enterprise, from the top-level organization unit to the individual person inside the organization.

 

  • It’s about developing an enterprise scorecard that links to the business strategy and the execution plans currently underway.  and,

 

  • It’s about making people and the organization accountable and responsible for specific goals and targets that are defined in very precise terms.

 

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.

 

For more information about Synthesis and our business and IT consulting services, please contact us at information@synthesiscp.com or call us at +1.847.295.3236.

 

 

     
             

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