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Microsoft aims to change the CPM sector

Tools
Tags
Management/ Leadership
Business Process Management (BPM)
Microsoft
key performance indicators
business performance management

Corporate Performance Management (CPM), also known as business performance management (BPM), is expected to grow exponentially, according to a new survey from independent consultancy BPM Partners, with 70 percent of the more than 500 respondents having projects in progress or in the planning stage. CPM essentially enables businesses to define strategic goals and then measure and manage performance against those. Its core processes include modeling, analysis and monitoring of key performance indicators (KPIs) linked to organizational strategy. When Microsoft's Office PerformancePoint Server 2007 hits the street later this year, analysts expect it to have a dramatic effect on the CPM sector, since it targets not only the midmarket but the entire business spectrum. PPS is likely to make its way into business as a financial tool, but after the first release, Microsoft has ambitious plans to take performance management throughout a business into areas such as sales and operations planning, human workforce planning and sales and marketing planning.

Read more about CPM:
- read the article in The Australian

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