Corporate Performance Management is a management control from strategy till the shop floor. "If you can't measure, you can't manage," legendary management guru Peter Drucker once asserted. Managing performance means understanding results, setting metrics, fixing plans, and making decisions to ensure it happens. It takes multifaceted approaches from multidimensional perspectives to unlock digital performance and catalyze change.
How to Unlock Digital Performance
Five Aspects to Unlock Digital Performance Enterprise Performance Management is a multidisciplinary management discipline. It is critical because new competitive challenges and active market changes underscore the strategic imperative of managing performance more than ever. Enterprise performance management is about how organizations manage performance at both strategic and operational level to achieve the well-set business goals and objectives.
From Performance Appraisals to Performance Optimization? Managing performance is a wonderful idea! But too many companies ignore the difference between doing PA (Performance Appraisal) and actually being proactive in performance management. In fact, in performance management, much less time should be spent on evaluating past performance, but moving to removing barriers to future performance. You can ask yourself some questions to move in the right direction like how frequent feedback will add value to your organization and the employees, what are the organizational goals and what value can performance evaluation add to it? What rewards should be linked to performance evaluation and how these rewards will affect the productivity of your employees and contribute to the organizational goals?
Which approach to High Performance is your Organization Pursuing? Digital businesses become overwhelmingly complex to run, different organizations may take a different approach to pursue high-performance result. The fact that in many organizations, there is no clear direction simply illustrates the importance to make such differentiation or point out the correlation of key elements in an organization. Should you improve performance through people, systems or innovation, and what are the best approaches and practices to optimize the performance result?
How to Understand Enterprise Performance Management Holistically? Corporate performance management is not just about managing numbers with metrics, so what’s exactly corporate performance management regarding for, and what’s it related to other key components of corporate management such as strategic management, risk management, information management., etc.?
The New Book "Performance Master - Take a Holistic Approach to Unlock Digital Performance" Introduction The purpose of the book “Performance Master: Take a Holistic Approach to Unlock Digital Performance “is to provide an in-depth understanding and share unique insight about how to take a holistic approach to measure and managing enterprise digital performance. Without measurements, it can be hard to tell whether attempted improvements achieve the expected results or not. It's fair to say that any organization didn't have a systematic approach to performance assessment and measurement at both strategic and operational level has a giant blind spot that is impairing their performance. A well-designed performance management system is a necessary foundation for continuous improvement.
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