Wednesday, August 15. 2007What Does It Take to Successfully Implement Performance Management?Trackbacks
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Thanks Gary for a very informative article. The growth of CPM is certainly highlighting the importance that CEOs are placing on strategy alignment and execution all of which drive performance.
Two questions: (1) In your experience, to what extent is the CPM Officer able to override a decision of a manager in the field, and (2) do you think that the CPM office might go the same way as the Strategic Planning offices of the past? Thanks for the article ian Ian,
You pose good questions. Regarding your first one frankly I don't have enough experience to know, but my belief is that involving managers in this process to get their buy-in is more important than micro-managing them or playing politics of power with them. On your second one, I do not have a crystal ball (and I do recall the ere of the 'strategic planning department); but my guess is that first this Office of CPM (that Norton & Kaplan call the OSM) needs to have its ten years or so to at least develop the competence, and then it could indeed disappear ... but after it served its intended purpose. I absolutely agree with CPM needing an office and an official charter in order to effectively implement and drive strategy throughout an organization. Even the most basic tasks, like establishing and defining the organization's business meta data, or lexicon of business terms can be managed through this office. Only with a CPM office, can organizations ever hope to not only document their strategy, but to live it.
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ABOUT GARY
Gary Cokins, CPIM is Global Product Marketing Manager for Performance Management at SAS, the world’s leader in business intelligence, and analytical software. He is an internationally recognized expert, speaker, and author. Read more.
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