Business Intelligence (BI) and Corporate Performance Management (CPM) should be viewed as two sides of the same coin. BI focuses on data management and CPM on management by data.
BI tools are good for aggregating manipulating data from different perspectives, ‘slicing and dicing’ data in different permutations and presenting results in (often) data-heavy tabular reports. Whilst the better BI tools will offer traffic-lighting to highlight results, the focus is solely on performance metrics still excluding other elements of performance such as actions or risks. BI is most suited to data analysts and people looking for detailed performance data for one particular area of operations.
An early leader in data management, ALG Systems focuses on delivering the right information to the right users at the right time. ALG Systems partners with you in all phases of scope, design, development, implementation and maintenance of a business intelligence/data warehouse solution. Our approach is business-focused, best practices-driven and architected for your unique business.
CPM is not just presentation of performance data, but the active management of performance by that data. It gives you total visibility of performance in the context of corporate strategy with mapping to specific business objectives, linked action plans and risks and associated commentaries and explanations.
Corporate Performance Management is more than reporting and more than measuring metrics. It encompasses all elements of performance: KPIs, action plans/projects, corporate risk registers, performance against key lines of enquiry, feedback from customers – ALL integrated to give a total picture of performance and ALL presented in the context of your corporate strategy, in a way that allows you to not just measure and monitor, but to actively drive improved corporate performance.