Enterprise Performance Management is the set of management processes that enable an organization to deliver a predictable contribution toward future value creation. Effective enterprise performance management enables an organization to be proactive and intentional about their future market leadership and sustained competitive advantage. It’s about executing your strategy.
The processes that make up enterprise performance management seek to guide an organization to execute against the changing dynamics within their marketplace. These processes include monitoring progress toward achieving your strategic objectives, modeling potential outcomes, planning to achieve financial and operational goals, managing performance and risk throughout the business, as well as reporting and analyzing operations and their impact on the financial performance. Truly successful performance management processes are constructed to incorporate intrinsic and extrinsic factors of motivation. Without all of these processes working in harmony, leadership lacks the coordination to execute effectively and efficiently. Imagine a sports team without a coach, without a captain, and without a playbook.
Enterprise Performance Management is the set of management processes that enable an organization to deliver a predictable contribution toward future value creation. At Peloton we believe that Enterprise Performance Management is an intentionally designed system of integrated management processes focused on successful strategy execution. It is paramount that every organization optimizes their performance management processes to provide for the fluid, timely, and intentional allocation of its limited resources and the effective and efficient use of these resources.
Peloton understands world-class performance management and has partnered to optimize these processes at leading organizations. Peloton has practical, hands-on experience working with companies across multiple industries. We firmly believe that these processes are the basis for gaining and sustaining competitive advantage. Toward this end goal, Peloton assesses the maturity of its clients’ performance management capabilities and then works to design and develop a roadmap to success.