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Filling The Gaps In Performance Management

Last time out, I discussed the gaps that are frequently found in many organizations’ immature financial performance management cycles; this time, I’ll talk about filling them. Why focus on strategic planning? Strategic planning is about setting a course for where…
finding the truth in a variety of sources

Performance Management Means More Than Planning And Budgeting

Analysts, consultants, and software vendors alike are espousing the virtues of end-to-end, integrated software solutions to enable financial planning and analysis processes. Despite this, the majority of organizations today still make do with a mix of spreadsheets and…
The New Mantra for Better Financial Planning and Analysis

The New Mantra for Better Financial Planning and Analysis

Managing financial planning and analysis is an end-to-end process that starts with strategy definition and documentation. It then goes through the detailed planning, budgeting, and forecasting processes that define…
Seven Common Scorecarding Mistakes To Avoid

Seven Common Scorecarding Mistakes To Avoid

Any new endeavor takes time to master. Realistically, it takes at least three attempts to acquire the requisite experience needed to get it right. This is certainly true…
Sustainability & Technology Drive Financial Performance Management

Sustainability & Technology Drive Financial Performance Management

Drivers of Financial Performance Management Debate will rage as to the longevity of the current low-growth, high-unemployment economic volatility and whether it’s really a “new normal,”…
What Is Enterprise Performance Management?

What Is Enterprise Performance Management?

When we’re immersed in an area of expertise, it’s all too common to assume everyone knows what the acronyms mean—ERP, CRM, or EPM for example. BI (Business Intelligence) is…
IT Priorities: Nothing Changes in the Face of New and Big Changes

IT Priorities: Nothing Changes in the Face of New and Big Changes

Towards the end of the year, McKinsey releases its global survey on IT. In these surveys, they ask “executives across all functions, industries, and regions about their companies’ use of, expectations…
Enabling Performance Management Part Four: Best Practices in Key Performance Indicators

Enabling Performance Management Part Four: Best Practices in Key Performance Indicators

Key performance indicators (KPIs) would seem, on the surface, one of the most straightforward topics to grasp. However the process of defining a meaningful set of KPIs is a lot harder than it might…
Controlling IT Costs

IT Costs Are Going Up And Not Enough Is Being Done To Control Them!

Demand and spending on IT have increased dramatically in the last 50 years—but the resources, skills, and methodologies that are needed so that IT can manage itself effectively and deliver more business value…
Measurement, Metrics and KPIs

Enabling Performance Management Part Three: Metrics and KPIs

Measures, metrics, key performance indicators (KPIs). Unsure about which term to use? You’re not alone; and in all likelihood, you hear these terms bandied around interchangeably. Try doing a Web search, and you’ll come…