Performance management,business intelligence,enterprise resource planning system,finance function,

Performance Management & Business Intelligence

Performance management,business intelligence,enterprise resource planning system,finance function,
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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.

 

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Performance Management & Business Intelligence

Stephen Brook
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Stephen Brook Manager, IBM Cognos Innovation Center for Performance Management, IBM Software Group. Joined the Cognos Innovation Center in January 2008. Prior to that he was a Solution Architect in Cognos' UK Services organisation, focusing on the design and delivery of complex and large-scale Cognos Performance Management solutions. Stephen joined Cognos in 2004 from Royal Dutch Shell, where he held a number of roles in Engineering and Business Consultancy, the last of which involved the implementation of a Cognos Planning solution for one of Shell's main business units.

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Stephen Brook from IBM Cognos Innovation Center explains in detail how Performance-Management and Business-Intelligence can work for business.

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