Enterprise performance management

 

Business Intelligence solutions, combined with the enterprise strategy, goals and business rules, support monitoring and analysis of the enterprise performance indicators. 

 

EPM – Enterprise Performance Management is an approach to strategic management enabling multi-level enterprise structure with particular focus on control of goals and budgets execution. The exemplary commonly used management systems applying continuous control of the enterprise performance indicators are the Balanced Scorecard and Activity Based Management methods.

 

Performance management indicators should be based both on IT tools and precise defining of the key enterprise goals and therefore the decision-making process in the enterprise should be defined at the following levels: 

  • mission and vision: determining goals and conditions for their delivery as well as business strategies determining the manner of fulfilling them 
  • business plans and performance measurements defining the methods to measure the goals 
  • internal enterprise policy and regulations as well as the resulting business rules
  • Business Intelligence environments thanks to which the key performance indicators will be presented in the form of output charts, manager desktops and indicators whereas the business rules will be implemented in the form of the Business Intelligence systems’ business logic.

 

Business Intelligence solutions support continuous measurement, monitoring and analysis of performance indicators of the enterprise at all of its level. Thanks to their combination with the strategy, goals and rules of the enterprise, performance management provides spectacular effects. Development of the common system for performance measurement provides a clear image of the enterprise’s condition.