Corporate Performance Management

Corporate Performance Management (CPM) refers to a tool used by corporations to formulate organisational strategies through prescribed methodologies, data analysis, processing and reporting to monitor and manage the performance of an enterprise. In other words, CPM helps corporations use proven and tested methods and processes to improve their business management. Below are common frameworks.

  • Balance Scorecards – A collection of several organisations viewpoints

  • EFQM Excellence Model – A framework that lays strategies on how a competitive organisation should operate

  • MPO – Maps strategies or trends of how a business should be adapting to the changing global business experiences

  • Six Sigma – A data-driven framework that ensures the successful operations of a company by eliminating defects using a simple DMAIC (define, measure, analyse, improve and control) approach

  • Key Performance Indicators (KPIs) – Measures performance of the above frameworks

CORPORATE STRATEGIESFrancesca Tabor