"In the quest for competitive advantage, organizations continually search for the next 'big thing,' that application, service, business methodology, or unique way of using technology that will catapult them ahead of their competitors and reward them with increased profits. In a volatile business climate where product life cycles are shrinking and global markets make it easier for new competitors to capture market share, that search -- and its result -- becomes critical to the organization's survival.The Strategy Gap: Leveraging Technology to Execute Winning Strategies
Into this arena comes yet another new business term: 'Corporate Performance Management' or CPM ... But in many respects this doesn't seem to be anything new. After all, organizations have always sought to manage their performance. So what makes CPM different from traditional methods of management, and is CPM really the next 'big thing', or just another passing fad?"
Michael Coveney, Comshare® Incorporated, offers a series of guest columns explaining the significance of CPM appearing with his permission in The Business Forum Online®.
CPM: What it is and how it is different from traditional approaches? -- Part One
CPM: Systems and Steps to CPM -- Part Two
CPM: 12 Best Practices in Implementing a Solution -- Part Three
CPM: Selecting the Right Technologies -- Part Four (A)
CPM: Selecting the Right Technologies -- Part Four (B)CPM: Selecting a CPM Vendor -- Part Five CPM: Emerging Technology Systems -- Part Six
About the Author:
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Revised: May 27, 2003 TAF
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