Corporate Performance Management, Strategy Map and the Balanced Scorecard - Putting It All Together
Source: Better Management.com
Despite a sea of collected data, organizations struggle with making sense of it to arrive at these answers. This is not surprising, since, organizations are typically data rich and information poor. Attempts are being made to fix this with "Data warehouses" and "Number crunching software" - however, these technologies are a part of the overall solution but not the solution itself. The solution lies in Corporate Performance Management (CPM) and the underlying organization measurement tools, namely Strategy Maps and Scorecards.