Strategic Innovation And Change

Essay specific features

 

Issue:

Business

 

Written by:

Steve F

 

Date added:

June 8, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

11 / 2900

 

Was viewed:

8179 times

 

Rating of current essay:

 
Essay content:

Companies that get this critical point are moving away from IT-centric business intelligence programs and toward results-focused performance management. True, BI does more than just generate reports. But add in query and analysis tools, and sophisticated predictive and statistical analytics, and those tools and technologies are overwhelmingly under IT's control...
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In contrast, performance management, or PM, is defined by business needs, providing decision makers with the data they need to make the right moves, ones that fit with company strategy. Most often, companies incorporate performance management into their budgeting and financial processes, in what's called corporate or financial PM...
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