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Driving your business to success by making informed performance management decisions
Close to 100 percent of strategies are not translated into execution. To overcome this, by aligning operations behind the strategy through effective communication and collaboration, one can give appropriate direction and targets that help monitor and manage enterprise performance, hereby closing the performance management loop.
Moreover, a single consistent version of the truth is necessary to drive performance and obtain competitive advantage these days. Unfortunately, most organizations use complex spreadsheets thereby finding it difficult to provide the appropriate instrument panel to steer the enterprise.
Depending how much leeway you have to make decisions, you will need to either apply Corporate Performance Management or Operations Performance Management (which is more real time oriented).
Corporate Performance Management (CPM) simultaneously encompasses processes, methodologies, metrics, and systems instrumental in monitoring and managing enterprise performance. It combines goal setting and alignment with planning, forecasting, and modeling capabilities.
Our vision is that blending the past, present, and future into a single solution is the only way forward to be able to answer at the same time the questions: Why did it happen? How are we doing? How should we be doing?
The benefits of CPM consist in linking enterprise strategy with enterprise operations through Key Performance Indicators (KPIs).
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Cambridge Corporate Performance Management services is the right solution if you...
- Have difficulties in finding a single consistent version of the truth when looking at the various data BI and analytical applications.
- Think that financial KPIs are solely insufficient to guide and evaluate your business performance in creating value
- Would like to have a more balanced steering mechanism which encompasses the customer, internal processes, growth and learning, and financial perspectives (balanced scorecards)
- Have the feeling that you need to wait a month or more to get your metrics
- Would like to reduce costs and/or improve productivity by replacing many reports by cost effective solutions
- Are not able to get the necessary insight about true drivers, causes of operational changes, and their effect on finance
- Would like to reach everyone in your organization and communicate how they can individually contribute to your business strategy
- Want to make measurement part of your organization's business culture
- Would like to streamline, reorganize, and reduce the dependencies on the many spreadsheets you have in your organization
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