CORPORATE PERFORMANCE MANAGEMENT & BUSINESS INTELLIGENCE: MANAGING PROFIT AND GROWTH IN THE ORGANISATION

Due to globalization, technology innovation and competition delivering performance is getting more and more important and organizations have to show and deliver a predictable performance towards their various stakeholders. At the same time, increased regulatory and investor pressures re-emphasize the need for predictable corporate performance. Corporate performance management (CPM) is the most important business process in an organization. This paper presents a bird’s eye view on corporate performance management, relationship between CPM and Business Intelligence (BI), role of BI in Corporate Performance Management and the tools provided by IT vendors that support CPM. It further discusses the functionalities of CPM solutions, the key players in the CPM space and how to implement the CPM solutions in order to manage profit and growth in the organization.