Upping your performance
March 8, 2010 by dermot · Leave a Comment
One of the highlights of yesterday’s Sunday Business Post Computers in Business magazine was a feature from me looking at the increasingly important field of business performance management (BPM).
The intro article looks at how managers can use BPM systems to help improve performance levels in all areas of the business. Here’s a quote:
Owners or managers looking to implement changes in response to business issues are often faced with the challenge of translating strategic thinking into real change at all levels of the company. This is where business performance management software (BPM) – also called enterprise performance management (EPM) – comes in.
BPM systems tend to be overall guidance systems for companies, according to Patricia Stack, business analytics leader with IBM Global Business Services.
“BPM is focused on providing the right information to the right people at the right time,” said Stack. “It supports organisations translating strategies into plans, to monitor their execution and to provide insight to improve performance.”
The feature goes on from there with lots of tips and advice on different BPM options and systems. It also had panels on how the twin trends of software-as-a-service (SaaS) and socialisation are impacting on the BPM space, and choosing the correct metrics with which to configure your BPM system.
Interviewees included BPM experts from Oracle, SAP Ireland, Infor Ireland and Singularity, as well as an international perspective from John Colbert, vice president of research and analysis for BPM Partners.
The full feature is available on the thepost.ie website and a pdf of the magazine should soon be available in the archive at CiB’s own relatively new website.
