The theme of Corporate Performance Management includes all the elements aimed at effective management of the company.
These are strategic and management elements:
value creation;
full awareness of its core business;
alignment with strategic objectives;
ability to identify critical issues;
process management.
According to Gartner Inc., Performance Management is:
«The set of processes, methodologies, metrics and systems designed to measure and manage the performance of an organization. This includes the Budgeting, Planning and Forecasting methodologies, Profitability and Optimization Analysis, Dashboard and Scorecard, Consolidation and Civil, Management and Financial Reporting ».
Performance Management is oriented mainly towards two directions: an operational one that responds to the needs of the financial sector, the other analytic relating to the analysis and reporting needs of executives employed in the different levels of the organization.
