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Performance Management
"Performance Management
is an umbrella term that describes all of the processes, methodologies,
metrics and systems needed to measure and manage the performance of an
organization." Gartner Research
Despite this stability in definition, Performance Management as a practice has evolved
greatly since 2001. Many companies from the Global 3500 and major public
sector organizations have embraced the vision of Performance Management. They understand
the value of enabling and engaging everyone in an organization to manage
the organization's performance. They are deploying technologies and
solutions to make that vision real.
These organizations understand how Performance Management can help them answer their
fundamental business questions:
Scorecarding, business intelligence, and planning and consolidation
technologies answer these questions. The questions connect; Performance
Management requires
they not be stand-alone elements. Knowing what happened, without finding
out why, is of little use to the business. Knowing why something
happened, but being unable to plan and make the necessary changes is
likewise of limited value.
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See an expanded version of the Performance Management technology platform. |
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IBM Cognos is now complementing its solid, integrated technology foundation
for Performance Management with a whole-product approach. The company is pursuing this
evolution with partners and thought leaders. Together, these groups are
defining the "sweet spots" for Performance Management-where a
Performance Management methodology can have
highest impact. They are also developing and offering the pre-built
solutions that can take advantage of those sweet spots.
Read the
IBM Cognos white
paper, The Evolution of the Performance Management System.
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