February 7, 2007
More Proof that Corporate Peformance Management drives real Value!
Joel Vander Weele wrote this around lunchtime:
In a great article from BPM Magazine, James Creelman points out that
“The point of any business performance management initiative is to improve decision-making companywide — and so, ultimately, to boost shareholder returns.”
Thank You, James!
CPM is about decision support. All to often, we lose track of that. We also have to realize that numbers and KPIs have their limits. Sometimes the best decisions are based purely on instinct. I am reading a biography of Walt Disney; he went ahead with Disneyland with complete disregard for financial projections. He just knew his Park would be a hit.
Filed under: Uncategorized, CPM Theory, CPM Results
One Response to “More Proof that Corporate Peformance Management drives real Value!”
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June 2nd, 2007 at 5:32 pm
Joel,
I completely agree with you that CPM is being perceived far too narrowly. It is much broader. I often say it is not about monitoring the dials, but moving the dials.
I wrote recently on this topic in my monthly column in www.dmreview.com . Simply search on my name there.
I welcome further dialog.
Gary Cokins, SAS
919 531 2012
gary.cokins@sas.com
http://Blogs.sas.com/cokins