Description
Effective organizations today must constantly strive to close the gap between strategy and execution in order to ensure that the company meets the needs of customers, shareholders, employees, etc. and contributes to the long-term success of the company.
Write a 1,400- to 1,750-word paper that describes the Enterprise Performance Management (EPM) Process and the benefits of EPM, including the following points:
Format your paper consistent with APA guidelines.
Explanation & Answer
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OUTLINE FOR ENTERPRISE PERFORMANCE MANAGEMENT PROCESS:
Task: Short essay on Enterprise Performance Management Process.
The 1st and 2nd paragraph;
Introduction
The 3rd paragraph;
Enterprise Performance Management Cycle
The 4th, 5th, 6th, 7th, 8th, 9th, and 10th paragraph;
Benefits of Enterprise Performance Management
The last paragraph;
Conclusion
Running head: ENTERPRISE PERFORMANCE MANAGEMENT PROCESS
Enterprise Performance Management Process
Students Name
Institution Name
1
ENTERPRISE PERFORMANCE MANAGEMENT PROCESS
2
Introduction
Today most businesses are continually evaluating techniques to establish efficient business
processes that are cost-effective and assist in the achievement of business goals. The creation of
performance metrics to assess business performance is one way to ensure business success in the
corporate world. Business performance management is also another way to monitor what
activities that a company applies to fulfill its objectives. The enterprise performance
management is regarded as a type of business planning that involves evaluation of business
performance to assist a business reach its performance goals, thus increasing the efficiency of
business pursuance. Moreover, enterprise performance management is also the act of listing
business goals, assessing the methods of achieving these goals, and finally create ways for
leaders to achieve these goals effectively. Monitoring the executive's methodology to develop
viable strategies for arriving at objectives has been around since the business initially started.
Indeed, even the extraordinary warriors of old China comprehended the need to screen
procedures and change depending on the outcomes. The enterprise performance management
was created as an approach to streamline this observing procedure and build up a progressively
effective method for accomplishing corporate objectives.
Through the process of collecting information a business has the ability to establish all the
changes in management that will assist in making the operations more profitable for the busin...
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