Enterprise Performance Management (PowerPoint PPT)

This deck include 3 main section:
•  Point of View on Enterprise Performance Management
•  Implementation framework
•  How to get started
Enterprise Performance Management (EPM) is critical to manage near- and long-term performance. Many organisations are not satisfied with their current EPM capability. Accounting earnings based financial management has become less relevant as the majority of value is in the future?Neither does the Balance Sheet adequately track the assets that are driving value.

The PPT delves into the common gaps in current EPM capabilities, highlighting areas such as alignment between strategy and planning, focus on key business drivers, and the speed and accuracy of forecasting processes. It underscores the importance of addressing these gaps to enhance overall performance management. The data-driven insights provided can help organizations pinpoint specific areas needing improvement, ensuring a more robust EPM framework.

A comprehensive breakdown of EPM issues, including target setting and business planning, is presented. The document outlines the typical challenges faced during the implementation phase, such as the integration of target setting into the budgeting process, which can be resource-intensive. Practical solutions and enablers are discussed to streamline these processes, making them more efficient and effective.

The document also includes an illustrative example for the insurance sector, demonstrating how to determine key business drivers using a value tree. This example provides a clear, actionable framework for identifying and leveraging critical business drivers to optimize performance. The step-by-step approach ensures that executives can apply these principles directly to their organizations, driving tangible results.