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Most companies are interested in corporate performance management technology but are not yet ready to rush in and buy. Pat Sweet reports.
Looking before you leap - Part 2 | Part 1 | Part 3
Likewise, our respondents are enthusiastic adopters of some of the key management techniques and metrics required as the basis for CPM. Virtually all have a methodology or software to cover budgeting and planning (96%), and many (92%) make use of KPIs, or key performance indicators. Risk assessment, cited by 78%, is another popular technique (see Figure 2 below).
However, organisations are notably less advanced when it comes to some of the more specialist metrics. For example, while 62% make use of activity based costing, only half are using either predictive forecasting (54%) or the balanced scorecard approach (50%).
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Conspectus 2003
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Copyright © 2003
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