Business performance management

Business Performance Management
Discipline Overview
Other names	Corporate Performance Management (CPM), Enterprise Performance Management (EPM)
Core objective	Optimization of business results and alignment with strategy
Methodologies
Frameworks	Balanced Scorecard, Six Sigma, OKR, Total Quality Management
Key Metrics	KPIs, ROI, ROE
Technical Components
Tools	Business intelligence, Data warehousing, Data mining
Cycle	Plan, Act, Monitor, Analyze

Block diagram — Organizational performance and its types

Business administration
Accounting Management accounting Financial accounting Audit
Business entity (list) Corporate group Corporation sole Company Conglomerate Holding company Cooperative Corporation Joint-stock company Limited liability company Partnership Privately held company Sole proprietorship State-owned enterprise
Corporate governance Annual general meeting Board of directors Supervisory board Advisory board Audit committee
Corporate law Commercial law Constitutional documents Contract Corporate crime Corporate liability Insolvency law International trade law Mergers and acquisitions
Corporate title Chairman Chief business officer/Chief brand officer Chief executive officer/Chief operating officer Chief financial officer Chief human resources officer Chief information officer/Chief marketing officer Chief product officer/Chief technology officer
Economics Commodity Public economics Labour economics Development economics International economics Mixed economy Planned economy Econometrics Environmental economics Open economy Market economy Knowledge economy Microeconomics Macroeconomics Economic development Economic statistics
Finance Financial statement Insurance Factoring Cash conversion cycle Insider dealing Capital budgeting Commercial bank Derivative Financial statement analysis Financial risk Public finance Corporate finance Managerial finance International finance Liquidation Stock market Financial market Tax Financial institution Capital management Venture capital
Types of management Asset Brand Business intelligence Business development Capacity Capability Change innovation Commercial Marketing Communications Configuration Conflict Content Customer relationship Distributed Earned value Electronic business Enterprise resource planning management information system Financial Human resource development Incident Knowledge Legal Materials Network administrator Office Operations services Performance Power Process Product life-cycle Product Project Property Quality Records Resource Risk crisis Sales Security Service Strategic Supply chain Systems administrator Talent Technology
Organization Architecture Behavior Communication Culture Conflict Development Engineering Hierarchy Patterns Space Structure
Trade Business analysis Business ethics Business plan Business judgment rule Consumer behaviour International business Business model International trade Trade route Business process Business statistics
Business portal

Business performance management (BPM) (also known as corporate performance management (CPM) enterprise performance management (EPM),) is a management approach that uses processes and analytical tools intended to measure whether a business organization's activities and output output meets an organization's goals. BPM is associated with business process management, a larger framework managing organizational processes.

Performance management may focus on the performance of an entire organization, a department, an employee, or the processes in place to manage particular tasks. Performance standards are set by senior leadership and task owners which may include expectations for job duties, timely feedback and coaching, evaluating employee performance and behavior against desired outcomes, and implementing reward systems. BPM can involve outlining the role of each individual in an organization in terms of functions and responsibilities.