The recent resurfacing of the BI vs. PM controversy got me thinking about the longstanding confusion between financial, workforce, and IT performance management. When most people hear the term performance management, they think of what I might describe as human capital management. That is clearly different than budgeting, planning, and consolidation. The multiple uses of…
Archive | business intelligence
A Rose By Any Other Name
Last week I weighed in on the on-going debate as to whether PM is the same thing as BI. The Performance Guys seemed to agree with my assessment and echoed my belief that performance management involves motivation, not just monitoring and measuring. I’d only point out that motivation doesn’t necessarily require money; I once did…
BI vs. PM
I thought the debate as to whether business intelligence (BI) and performance management (PM) were the same thing had long since been settled. Imagine my surprise when Mark Smith points out in “BI Is Not Performance Management” that the discussion is alive and well. Rather than spill more ink documenting the differences between business intelligence and…
Alignment Focused Organization
By now, most of us have read about organizations that attempted to improve their performance by deploying dashboards populated with financial and operational metrics only to discover that managing by numbers alone didn’t improve their performance. Instead, organizations must go beyond keeping score to ensure that everyone has a common understanding of both what they are trying…