Organizations that have implemented Performance Management more broadly are nearly four times more likely to be among the most competitive organizations in their industry.
—Brian McDonough Research Manager, Analytics and Data Warehousing Software, IDC, Financial Performance and Strategy Management Survey of Buyer Priorities for 2011, Doc #226261, Dec. 2010
EPM done right is really about bringing together all those EPM-like components that you probably already do in silos, in part, in spreadsheets, or are hoping to do if you had the time. It's about bringing together:
The culmination of these components, working together, is the EPM management operating system cycle and has been the framework for this book. The cycle is shown in its entirety in Figure 9.1.
Just like EPM is bringing together all those components of the management operating system, Chapter 9 is about bringing together the concepts and practices of EPM done right.
The Random House Unabridged Dictionary1 defines alignment as “a state of agreement or cooperation among persons, groups, etc., with a common cause ...