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Corporate Performance Management & Growth Kamran on 30 Dec 2007 10:39 pm

Integration and Performance Management

Integrating different processes with the goals of the strategic plan is a crucial aspect of all Corporate Performance Management (CPM) applications.

First, processes must be defined to translate the strategic goals into operational realities.

Secondly, measurement criteria must be developed and tools must be adopted to provide metrics about the results of those processes. However, such a step must be supported by integration of technologies used at different levels of the organization to prevent any inefficiencies.

Thirdly, people involved in the execution of the strategic goals must be rewarded by incentives which are commensurate with revenue growth goals of the company.

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