How would I make the business case for Performance Management?
You would typically justify your investment in performance management by looking at two areas, you would look at effectiveness, so typically you undertake such a project to make your business more effective to make better operational and strategic decisions that ultimately lead to better financial returns, but ultimately those are hard to measure sometimes especially in the short term so you can also look at measures of efficiency, using these kinds of tools, can I run my budgeting and forecasting tools faster to make them responsive and can I fee up some of my staff time so rather than hunting around and looking for data, they have it available at their finger tips so it's about combining measures of efficiency and effectiveness.