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Financial Management
book

Financial Management

by Jack Alexander
January 2024
Intermediate to advanced content levelIntermediate to advanced
720 pages
17h 20m
English
Wiley
Content preview from Financial Management

17Institutionalizing Performance Management

GAINING TRACTION

There are several critical steps that are necessary to effectively adopt EPM (see Figure 17.1). These include obtaining executive support, communication and training, using performance improvement tools, and developing a delivery mechanism.

Executive Support

Few initiatives are successful in a company without the passion and support of the CEO, CFO, and other members of the senior management team. Managers and employees are very adept at reading the level of commitment of leadership to any new project. Senior managers must support PM in both word and action. The CEO will determine the ultimate success of PM. Is he insisting on a review of dashboards and key performance ...

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Publisher Resources

ISBN: 9781394228362Purchase Link