An annual publication from Montgomery Research
Chapter 1:
Measuring Performance
Performance management is not a vapid company
mindset that can be instituted by buying
off-the-shelf software. Learning how to measure
company processes and which methods best suit
your business are vital first steps. Hopefully this initial
chapter will dispel the myth that using metrics alone is
the answer. Understanding what your company’s management
needs and how your systems can be changed
and fused is essential.
Chapter 2:
Managing Information for Better Compliance and Performance
In most sports, seeing the ball and controlling it are
essential to make the score. The same can be said of
some of the newest mandates from regulators – it’s
appraise or perish now in the corporate landscape.
Companies need to gain that visibility and then control
it so that finances, operations and processes do not
get unwieldy and unmanageable. Compliance need not
be labor-intensive if the right information is getting to the
right people when they need it.
Chapter 3:
Analysis, Reporting and Planning
When confronted with the challenges of
accountability across the entire enterprise,
some companies just can’t keep
up. Matching the right analytical tools to the right business
processes can be an ordeal. With the help of
refined visualization tools, dashboards and other methods
to help track your important performance benchmarks,
planning for companywide change can go much
more smoothly.
Chapter 4:
Synchronizing Strategy and Execution
Companies devote vast resources to develop
their strategies. They lay out the objectives
and then develop tools to measure and track
progress. But they also fight to synchronize the execution
of the strategy, especially across various organizations.
Successful executives rely on planning concepts
and business intelligence tools to communicate and
approve corporate actions, and sometimes they need a
more comprehensive view into individual performance.
Chapter 5:
Executive and Board Perspective
As the decision maker at the highest point in your
company, your job is to see the big picture.
When executives and boardroom constituents
can see the business drivers and know the people who
do the work, they begin to see the roads to being more
agile, and that’s when companies are truly focusing on
what is happening versus what has happened. This is
how to quickly react to changing market conditions.
Chapter 6:
Strategic Advantage
For the beleaguered CEO the time has come to
shape all of your company’s business information
into insight and turn that into action.
How you do that is the essential ingredient of strategic
advantage. It comes with the ability to receive the
right information and to be able to assess it at the right
time. With quicker decision turnaround come the fruits
of the agile workplace: lean processes, analytical
know-how and profit.
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