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Turning Strategy Into Action |
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PERFORMANCE MEASUREMENT
Effective performance measurement is the bridge between the operational goals developed in business planning and the reality of the operational processes. Only if variances are recognized early and analyzed correctly, can the loop between performance measurement and business planning become active and corrective measures be taken in time. Performance measurement today no longer concentrates exclusively on the traditional core areas of finance and internal logistics, but now includes processes in all areas of the enterprise and also external success factors that are relevant to the enterprise. SAP SEM-CPM’s Performance measurement helps you in all steps of a closed-loop performance management process, including key performance indicator (KPI) definition, sourcing of actual and benchmark data, continuous responsibility, specific derivation analysis, and feedback.
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