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Performance
Management in Turbulent Times
Today's business executives face mountainous
challenges, and while many companies are focused on identifying the
bottom of the downturn, forward-thinking organizations are looking for
the silver lining in the storm clouds. With stricter attention to
performance improvement, well-informed management can use this
opportunity to trim less profitable and less strategic parts of their
operations, sharpen their focus, and put systems in place that will
provide a competitive advantage going forward.
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Houghton
Mifflin Harcourt's Fresh Approach to BPM
In this interview, Donna Ritchie, Houghton Mifflin
Harcourt Publishing Co.'s vice president of financial services,
publishing, and operations, explains how performance management software
is transforming the company's product development and purchasing
processes.
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7
Steps to Better Benchmarking
Largely unheard of in the business world until the
mid-1990s, benchmarking has evolved to become an essential element of
the business performance management (BPM) toolkit and a key input to
financial and business improvement efforts. In this BPM
Magazine article, author Brad Wood reveals how to improve
benchmarking efforts in seven steps.
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Linking
Risk Management to Performance Management
The importance of sophisticated risk management and
GRC has reached an all-time high, but if these capabilities are going to
become sustainable and integrated facets of corporate strategy, a link
needs to be made. That's why Joe Atkinson, a principal with
PricewaterhouseCoopers, is a vocal proponent of the need to wed risk
management with performance management. He explains how risk management
and performance management can be integrated more effectively in this two-part
interview.
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CPM
Offices Require Experts
When it comes to corporate performance management
(CPM), research shows that employees tend to be experts in one or more
areas rather than generalists. Team members have to possess deep
organizational knowledge to understand the political topography and have
the ability to read changes in the organization and shifts in the
agendas of key executives and influencers. In addition, these employees
leverage industry-specific knowledge during the course of improvement
projects, so it is important to have CPM office employees with deep
industry experience.
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RESEARCH & EVENTS
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IFRS
Transition Management -- What you need to know before you
start
Sign up now to attend this June 11 webcast. Virgil
Colby, Program Manager of the Celestica IFRS Transition Project, will
help answer key questions about the transition to International
Financial Reporting Standards (IFRS) and will provide valuable insight
for finance professionals impacted by or involved in an IFRS transition
project. In addition, Tony Wright, Vice President, Product Management
for Longview Solutions, will demonstrate how corporate performance
management (CPM) software can dramatically reduce the time, effort, and
cost associated with IFRS transitioning and reporting.
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Exclusive
Offer for Palladium's Planning & Budgeting Conference
Because you're a part of the Business Finance
community and we've entered into a partnership with Palladium, you can
SAVE $1000* off Palladium's
Planning & Budgeting Conference, June 11-12 in Boston, with code
BPMNL! Hear best practice examples from American Express, APQC,
Electronic Arts, Giant Eagle, Inc., Google, HP, Lenovo, Louisiana
Workers Compensation Corporation (LWWC), Millipore Corporation, The
Stanley Works, Wal-Mart, and More! Click
here or call 800.554.2111 to register.
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