Looking Forward: Identifying Leading KPIs for Finance
In today’s fast-changing business environment, having both “lagging” and “leading” KPIs is important.
Fear of Performance (or…Lions and Tigers and Bears, Oh My)
In the Wizard of Oz, Dorothy expresses her fear of lions and tigers and bears. Some of us who head to work each morning have a fear of performance-management-buzzword animals like BSC - Balanced Scorecard, KPIs - Key Performance Indicators, and OKRs - Objectives and Key Results.
Realizing a Tipping Point for Enterprise Performance Management (EPM)
When should an organization decide to implement one or more components of an enterprise performance management (EPM) system? To answer this we can learn a lesson from Malcolm Gladwell, a social scientist and author of the best-selling book The Tipping Point…
A Kite with a Broken String – The Balanced Scorecard
How do executives expect to realize their strategic objectives if all they look at is financial results like product profit margins, return on equity, earnings and interest before interest, taxes, depreciation, and amortization (EBITDA), cash flow, and other financial results? These are really not goals – they are results. They are consequences.