Corporate performance management

All managers need information to guide their financial and operational decisions and help them get everyone pulling in the same direction. But, with globalisation and connectivity, many companies have become more geographically dispersed, more complex and thus more difficult to manage. The regulatory burden is also growing, and connectivity is forcing public companies to become more transparent. Reliable, timely management information is therefore essential.

Corporate performance management (CPM) provides the avenue for translating a company's strategy into measurable targets and monitoring and evaluating how it is doing. CPM gives senior executives a real-time picture of how the organisation is actually performing relative to its targets, so they can make needed changes as quickly as possible and ensure the changes stick by linking them to the way employees are evaluated and remunerated.

 

How PwC can help

Our approach enables organisations to integrate their financial and non-financial systems and processes to achieve sustainable improvements in performance. We can help you:

• Create effective corporate performance management tools
• Design and build robust business intelligence systems
• Identify the most appropriate measures of your financial, operational and regulatory performance
• Increase the efficiency and frequency of your reporting processes
• Improve the reliability of prospective information, including budgets and rolling forecasts
• Develop corporate scorecards to evaluate your performance and drive improvements; and
• Link your organisational targets with your employee evaluation and remuneration policies to ensure lasting change.