Chapter 9
Bringing It All Together
Organizations that have implemented Performance Management more broadly are nearly four times more likely to be among the most competitive organizations in their industry.
—Brian McDonough Research Manager, Analytics and Data Warehousing Software, IDC, Financial Performance and Strategy Management Survey of Buyer Priorities for 2011, Doc #226261, Dec. 2010
EPM done right is really about bringing together all those EPM-like components that you probably already do in silos, in part, in spreadsheets, or are hoping to do if you had the time. It's about bringing together:
- Modeling, planning, reporting, and analytics
- Finance and Operations
- Strategy and execution
- Data, master data, and information
- Rules and definitions
- The past, the present, and the future
- Decisions, actions, and results
The culmination of these components, working together, is the EPM management operating system cycle and has been the framework for this book. The cycle is shown in its entirety in Figure 9.1.
Figure 9.1 The EPM Management Operating System
Just like EPM is bringing together all those components of the management operating system, Chapter 9 is about bringing together the concepts and practices of EPM done right.
Alignment
The Random House Unabridged Dictionary1 defines alignment as “a state of agreement or cooperation among persons, groups, etc., with a common cause ...
Get Enterprise Performance Management Done Right: An Operating System for Your Organization now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
