Archive | vendors

A Search For Cause

In college my statistics professor’s favorite expression was “correlation does not imply causation.” In case you’re not familiar with the phrase, I’ll borrow the explanation I learned in school: When male college students wake up with a headache, a large percentage of the time they are still wearing their shoes. Therefore, sleeping with shoes on…

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Sculley on Jobs

Leander Kahney, editor and publisher of Cult of Mac and author of the New York Times bestseller Inside Steve’s Brain, provides a fascinating interview about Steve Jobs from John Sculley, former CEO of Apple.  It’s amazingly frank; among other things, Sculley suggests it was a “big mistake” to hire him to run the company when…

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Performance Management Defined (and Debated)

Throwing down the blogging gauntlet, Michael asks a simple – but provocative – question: How would […] you define Performance Management and what does it mean when it is successfully implemented? My initial reaction was to borrow a phrase from Justice Potter Stewart: I’m not sure I can define performance management, but I know it when I…

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Big Bang Performance Management

Performance management vendors often say adopting their tools must be done all at once, starting at the top of the organization. They argue that, without executive buy-in, a performance management deployment will not have the mandate needed to succeed. Furthermore, the argument continues, without an enterprise data warehouse and reporting tools deployed to every desktop, employees…

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Analysts on Strategy Management

Readers of this blog will know I have a deep affinity for a portion of Performance Management that has come to be known as Strategy Management. The most obvious explanation for my passion is the fact I ran a company often cited as pushing the envelope in strategy management. However, I’ve also always felt the…

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I beg to differ

There hasn’t been enough debate on this blog recently so I’m hoping this post will stir things up a bit. Over at the other guys, Frank wrote a post titled EPM and Strategy Management that I had to read four or five times to understand. Even now, I’m not completely sure what he’s getting at. My confusion…

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The Risk of Spreadsheets

Unless you were trapped on a desert island over the last few months, it’s unlikely that you missed the Société Générale scandal and the resulting teeth-gnashing about the need for stricter controls and oversight in the financial services industry.  While I’m all for better access and process controls leading to improved segregation of duties, I…

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Predictions, redux

Even though my recent post on BI predictions is still generating higher-than-normal traffic, I assumed that the annual season of prognostication had died down; after all, it’s already Feb.  But over on the BI Questions Blog, Timo strays from declaring the death of One Version of the Truth to provide some suggestions that BI/PM vendors…

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Shot Heard Around The World

If you’re in or around the performance management market, you’ve no doubt already heard about SAP’s acquisition of Pilot Software. If you only read the official press release which describes it as a “tuck-in” acquisition, you might not realize how significant an event this really was. Certainly the analysts seem supportive; John Hagerty of AMR…

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