Integrated Performance ManagementA critical lever, but not as easy as it looks |
Integrated Performance Management (IPM) has been gaining traction in the marketplace as a method for translating strategic objectives into operational results, with a focus on value creation. On a November 28, 2007, Deloitte LLP Webcast, Matt Schwenderman and Amy Winsor, principals with Deloitte Consulting’s Financial Management practice, explained the tools and techniques companies should consider to help expand the value of IPM in their enterprises, as well as the three key critical components to effective IPM, including:
- Planning: What you want to be and how to get there
- Monitoring: Checking how you’re doing against objectives
- Improving: Continually assessing and realigning strategies to achieve better results
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Integrated Performance Management: A critical lever, but not as easy as it looks
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