The US Government’s Sequester – Anything versus Everything

Public sector government agencies at all levels – Federal, state, and local – have been talking and writing about enterprise performance management (EPM) for many years. Some are implementing EPM methods like strategy maps, KPI balanced scorecards, bottom-up driver-based budgeting, and activity-based costing (ABC) to measure the conversion of budget spending “inputs” for visibility of their “output” costs. Some do it well, but I sense only a few. There is some legislation requiring use of EPM methods such as ABC. But are their costing models too simple and highly aggregated to gain insights? Do they calculate them for compliance but not for decision support?

When they measure and report KPIs, how much is linked to accountability with consequences?

Mind The Gap: What is the Perceived and Actual Perception of Finance Today?

According to survey results, Finance believes that they are capable of “game changing” levels of decision support while Non-Finance respondents were far less likely to agree.

While Finance is getting a seat at the table, they can clearly be delivering more value once they get to that table.

What Frustrates Me About the EPM Industry and How It Can Be Made Better

(This is the final of 7 articles discussing frustrations with the EPM industry. To be sure you don’t miss out on any articles of interest, please sign up for our weekly newsletter at http://www.epmchannel.com/register-for-our-weekly-digests/.)

I recently read an article on entrepreneurship that featured Richard Branson. In the article, Branson was quoted as saying that the “real opportunity in business is the ability to identify the frustrations in a particular area and have real solutions to remedy those frustrations.”

That started me thinking about the common frustrations that I have seen while working in the Enterprise Performance Management (EPM) industry for the last 15 years. Here are seven common frustrations that I see frequently along with some recommended solutions.

EPM View: An Interview with John O’Rourke, Vice President of Product Marketing, Oracle Corporation

John O’Rourke, one of the most seasoned veterans of the EPM industry, offers his perspective in this candid interview with Susan Serven. John shares his views on the future of EPM, the merger of Hyperion and Oracle, the most common misconceptions of EPM, his advice for a company just starting to consider implementing a performance management system, why Balanced Scorecard may have fallen out of favor, and many other insights.

What Frustrates Me About the EPM Industry and How It Can Be Made Better

(This is the fifth of 7 articles discussing frustrations with the EPM industry. To be sure you don’t miss out on any articles of interest, please sign up for our weekly newsletter at http://www.epmchannel.com/register-for-our-weekly-digests/.)

I recently read an article on entrepreneurship that featured Richard Branson. In the article, Branson was quoted as saying that the “real opportunity in business is the ability to identify the frustrations in a particular area and have real solutions to remedy those frustrations.”

That started me thinking about the common frustrations that I have seen while working in the Enterprise Performance Management (EPM) industry for the last 15 years. Here are seven common frustrations that I see frequently along with some recommended solutions.

What Frustrates Me About the EPM Industry and How It Can Be Made Better

(This is the fourth of 7 articles discussing frustrations with the EPM industry. To be sure you don’t miss out on any articles of interest, please sign up for our weekly newsletter at http://www.epmchannel.com/register-for-our-weekly-digests/.)

I recently read an article on entrepreneurship that featured Richard Branson. In the article, Branson was quoted as saying that the “real opportunity in business is the ability to identify the frustrations in a particular area and have real solutions to remedy those frustrations.”

That started me thinking about the common frustrations that I have seen while working in the Enterprise Performance Management (EPM) industry for the last 15 years. Here are seven common frustrations that I see frequently along with some recommended solutions.