An Intelligent Performance Management Framework Whitepaper
An Intelligent Performance Management Framework Whitepaper
AN INTELLIGENT
PERFORMANCE
MANAGEMENT FRAMEWORK: CLOSING THE GAP
BETWEEN STRATEGY AND
DAY-TO-DAY DECISIONS
October, 2015
HIGHLIGHTS
P2
An organization must first identify
its key stakeholders and mandate.
It must then understand what
combination of customers,
products, services and channels
will provide different contributions
to this expected value.
P5
The IFS EOI methodology
portrays the business strategy.
It translates this strategy into
execution and manages
business improvement.
P9
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within
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chain
management. This
gives management insight
into the relationships
between performance,
customers, channels,
products, processes,
organization, roles, suppliers,
projects, risks, contracts and
other customizable assets.
CONTENT
THE CHALLENGE OF PERFORMANCE MANAGEMENT..................................................................... 1
PERFORMANCE MANAGEMENT TODAY......................................................................................... 1
TURN A GOOD CONCEPT INTO REALITY........................................................................................ 1
THE PITFALL FOR MANY COMPANIES .......................................................................................... 2
WHAT DOES IT TAKE TO CREATE AN INTELLIGENT PERFORMANCE MANAGEMENT FRAMEWORK? .2
UNDERSTANDING WHAT IS IMPORTANT....................................................................................... 2
THE BUSINESS MODEL ............................................................................................................... 2
PERFORMANCE IS ABOUT PROCESSES AND PEOPLE.................................................................... 3
PROCESS MANAGEMENT ORGANIZATION IS KEY......................................................................... 3
RESOURCES CREATE THE VALUE................................................................................................. 4
TRANSFORM IT BOX SOLUTION INTO A BUSINESS-LED PERFORMANCE
MANAGEMENT APPROACH.......................................................................................................... 4
CONNECTED MANAGEMENT COCKPITS FOR INTELLIGENT PERFORMANCE MANAGEMENT ........... 5
STRATEGY, EXECUTION AND BUSINESS IMPROVEMENT............................................................... 5
INTEGRATED COCKPITS............................................................................................................... 7
CONNECTED IMPLEMENTATION FRAMEWORK.............................................................................. 7
INDUSTRY MANAGEMENT COCKPITS .......................................................................................... 8
CHALLENGING THE BOX MAN...................................................................................................... 8
CONNECTED STRATEGY TO OPERATIONS...................................................................................... 9
FITTING INTO GARTNERS MAGIC QUADRANTS.......................................................................... 10
BUSINESS PROCESS MANAGEMENT (BPM) PLUS...................................................................... 10
BUSINESS INTELLIGENCE (BI) PLUS.......................................................................................... 11
PROGRAM AND PROJECT MANAGEMENT (PPM) PLUS................................................................ 11
GOVERNANCE, RISK AND COMPLIANCE (GRC) PLUS.................................................................. 12
CORPORATE PERFORMANCE MANAGEMENT (CPM) PLUS........................................................... 12
ENTERPRISE ARCHITECTURE (EA) PLUS.................................................................................... 13
BUSINESS LEADERS WANT INTELLIGENT PERFORMANCE MANAGEMENT FRAMEWORKS............ 13
ABOUT IFS EOI ......................................................................................................................... 13
ABOUT IFS................................................................................................................................ 14
Strategic Results
MANAGEMENT
Products
INPUT
SUPPLIERS
CORE
PROCESSES
Services
S
PERFORMANCE
Channels
VALUE
CUSTOMERS
FINANCIALS
DELIVERY
CONSTRAINTS
RISK &
COMPLIANCE
SUPPORT
How
Cause
Strategic business context
Visualization
Stakeholders
SALES
What
Strategic
results
Balanced
perspective
Why
Effect
Stakeholders
The organization must choose which strategies to adopt to ensure that the
wants and needs of the stakeholders are satisfied.
Performance measurements and enterprise metrics are vital:
To track whether strategies are actually being implemented
To communicate these strategies to the organization
To encourage the implementation of the strategies
To analyze whether strategies deliver the expected or planned results
Customers,
Channels,
Products,
Services
Processes
Execution
Evaluation
Align to Execute
Plan to Perform
Measure to Monitor
Report to Comply
INTEGRATED COCKPITS
The connected management cockpits have been designed with the business
manager in mind. Everything from user interface to collaboration was developed with one goal in mind: to provide the optimal integrated workspace for
the manager. From strategic management meetings to daily operational management, it offers integrated information and active management tools for every
role.
Based on the IFS EOI methodology and strengthened by customers experiences, IFS EOI supports every hierarchical or functional management area.
Whether you are managing a strategic value chain comprised of many organizations, a division or business unit, or if you are responsible for a functional
area such as risk, compliance, operations, innovation, HR, IT or finance,
IFS EOI provides you the right information and management tools.
Sprints of 3 weeks
Figure 4: Connected implementation frameworkSprints
Evaluation
Dynamic workflows
Report wizard
Compliance library
IT connectors (eg: SAP, Oracle)
BI
BPM
IBM
Microsoft
Qlikview
...
Aris
Cordys
Pegasystems
...
IFS EOI
BWise!
Thomson
MetricStream
...
GRC
CA Technologies
Compuware
Planview
...
PPM
10
11
12
BPM
iCPM
PPM
GRC
13
ABOUT IFS
IFS is a globally recognized leader in developing and delivering
enterprise software for enterprise resource planning (ERP), enterprise
asset management (EAM) and enterprise service management (ESM).
IFS brings customers in targeted sectors closer to their business,
helps them be more agile and enables them to profit from change.
IFS is a public company (XSTO: IFS) that was founded in 1983 and
currently has over 2,700 employees. IFS supports more than 2,400
customers worldwide from local offices and through a growing ecosystem
of partners.
For more information about IFS, visit www.IFSWORLD.com
www.IFSWORLD.com
COPYRIGHT 2015 INDUSTRIAL AND FINANCIAL SYSTEMS, IFS AB (PUBL). IFS AND ALL IFS PRODUCTS AND SERVICES
NAMES ARE TRADEMARKS OF IFS. ALL RIGHTS RESERVED. THIS DOCUMENT MAY CONTAIN STATEMENTS OF
POSSIBLE FUTURE FUNCTIONALIT Y FOR IFSS PRODUCTS AND TECHNOLOGY. SUCH STATEMENTS ARE FOR
INFORMATION PURPOSES ONLY AND SHOULD NOT BE INTERPRETED AS ANY COMMITMENT OR REPRESENTATION.
THE NAMES OF ACTUAL COMPANIES AND PRODUCTS MENTIONED HEREIN MAY BE THE TRADEMARKS OF THEIR
RESPECTIVE OWNERS.
IFS AB 2015