So that’s where KPI comes from
Business performance management (BPM) (or Corporate performance management (CPM), Enterprise performance management, Operational performance management, Business performance optimization) is a set of processes that help organizations optimize their business performance. It is a framework for organizing, automating and analyzing business methodologies, metrics, processes and systems that drive business performance.
BPM is seen as the next generation of business intelligence (BI). BPM helps businesses make efficient use of their financial, human, material and other resources.
For years, owners have sought to drive strategy down and across their organizations, they have struggled to transform strategies into actionable metrics and they have grappled with meaningful analysis to expose the cause-and-effect relationships that, if understood, could give profitable insight to their operational decision makers.
Now corporate performance management (CPM) software and methods allow a systematic, integrated approach that links enterprise strategy to core processes and activities. “Running by the numbers” now means something as planning, budgeting, analysis and reporting can give the measurements that empower management decisions.
I hate Mondays, especially this upcoming Monday, because it’s the 8th of the month and the 8th of the month is when my monthly performance report is due. Think I’ll sleep the whole of Sunday just to get myself enough energy for report-writing.
Almost over
Summer break in the Philippines is almost officially at an end. Students will be trudging back to school next week and responsible parents, guardians, doting grandparents and vigilant yayas will be waking up at dawn to get their kids ready for the task.
But the daunting idea of daily expenses rising again has not really sunk in to my feeble brain as of yet. I’m still hoping against hope that I can still squeeze in that 1-day outing (to Vigan?) that I have been thinking about for a long long time now. And maybe that’s the problem. I’ve just been thinking about it, and not doing anything about it. It’s not as if I have to decide on any cruise deals that will take Sam and me away for three days and two nights.
I just need to grab my gear and hop on the bus. Soon.
Where were you when I needed you
I’m going to sing another if-only song, this tme in honor of my oft-unmadeup face, mainly due to the lack of natural acne treatment in my teen-age years when I needed it. Don’t get me wrong, I have tried applying makeup to this tired old face on special occasions in the years past, but I’ve always woken up to zits galore the morning after.
If only there’d been a way for me back then to have had instant treatment without having to worry about the consequences both to my parents’ pockets and my social life, perhaps I may have grown up in to a more well-rounded, unself-concious young adult.
But then again maybe not.
Learning how to read again
The computer, boon and bane of my middle age, has not only taken away my ability to write legibly, it has also made me forget about adequate lighting. These days, adequate lighting for me is the one that comes on when I hit the Fn and PgUp keys on my office-issue IBM T43.
Along with forgetting about desk lamps and the need to actually see where I’m going, the computer has also made me forget how to read a book. Not an eBook, but one made of ink and paper and glue. The last piece of reading material I bought was a Reader’s Digest December Issue in Christmas of 2007 and I still haven’t read it from cover to cover, the way I did when I was younger and had all the time in the world and NO computer.
It’s only a matter of discipline, you might tell me. I really shouldn’t bring the darn laptop home after working on it the entire day, only to work some more on it in the evening. I should find a book that I know I would really like, one from my list of favorite authors, and then curl up in bed with it, turn on the house of troy lighting and start reading.
Which reminds me. I need new glasses.
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About Me
