As a first deliverable, the BPM Standards Group has developed a
of BPM that provides
appropriate context for performance management, including the following
principles:
- BPM is a set of integrated, closed-loop management and analytic
processes, supported by technology, that address financial as
well as operational activities.
- BPM is an enabler for businesses in defining strategic goals,
and then measuring and managing performance against those goals.
- Core BPM processes include financial and operational planning,
consolidation and reporting, modeling, analysis, and monitoring
of key performance indicators (KPIs) linked to organizational
strategy.
The BPM Standards Group has also created
the BPM
Industry Framework Document, which includes a summary
of key processes, technology and content necessary to successfully
deploy BPM solutions. Please return frequently for future
developments.
|
 |
|
 |