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A resource portal for all your Enterprise Performance Management Though we all know that change is the only constant thing in business, people are way too resistant to it, even if it is promises a positive impact on the bottom line. Why is it so? Few things off my head that I see way too often are: They are too…
A resource portal for all your Enterprise Performance Management I have been consulting several clients lately, and I have discovered a pattern that I think is common in many companies. The vision, the strategy, and the KPI's are well established and linked. But I seldom find the "plan - what to do" - included in the strategy management systems. I…
A resource portal for all your Enterprise Performance Management Written concepts about leadership developed early. The concepts of leadership, leader and follower are found in the Egyptian hieroglyphs. The hieroglyphs for Leader is: There were three qualities required of a Pharaoh. Authoritative utterance is in your mouth Perception is in thy heart and thy tongue is the shrine of justice.…
A resource portal for all your Enterprise Performance Management I was attending a Global Leadership Summit this weekend, and learned a lot about how to lead people. I started thinking about the managers I have been working for over the last 25 years and I realized that I have been working for two main categories of Managers: Leaders and Managers…
EPM Review Newsletter - March 2013 A resource portal for all your Enterprise Performance Management As a young financial controller I made an observation that I won’t ever forget. I had collected the various departments’ budgets for the next 5 years (bottom up process) and summarized the numbers. The 5 year period showed increased cost. When my manager saw the…
A resource portal for all your Enterprise Performance Management In my young days I worked for a big fortune 250 company. As the financial controller working in the shared services department, I had an experience which, I will never forget. All the managers (40 in total) were gathered for an extended management meeting and as a young controller I watched…
A resource portal for all your Enterprise Performance Management Most of you may have heard about the formula E=mc2. It is a foundational formula for the world we live in. Similarly,the foundational formula for business is Strategy * Execution = Results. A small repetition of the basic mathematic knowledge: No strategy ⇒ 0 strategy * Execution = 0 results. No…
A resource portal for all your Enterprise Performance Management There is an old quote that goes like this: "The old sailors steered by the stars, not to get there, but to keep a steady course". This wisdom can also be applied by businesses. Our vision, mission and long term goals function as the stars. Even if you don't get there…
A resource portal for all your Enterprise Performance Management KPI Bazooka - are you measuring everything that moves - or are you measuring the KEY things? KPI's (Key performance indicators) are a vital part of your Strategy Execution system. We should probably take a closer look at the three magic letters and see what they contain: K - Key -…
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