Knowing Where You Are Going
Knowing where you want to go is the only way to ensure you get there. The addition of a Corporate Performance Management tool brings in new elements to decision making. Like BI, CPM tools allow you to collect and analyze data and report that data simply. But CPM adds the element of the future. Planning, budgeting, and forecasting for short term and the long term are added benefits found in a CPM tool. Think of your family road trip – planning the stops, picking out the sights to see, and finding lodging – those were decisions that made the trip a true success.
Bill Bryson, a famed travel author, once said, “There is something about the momentum of travel that makes you want to just keep moving, to never stop.” When you have done the work of a good navigator, that momentum is even more powerful. With both BI and CPM in your bag, the trip will be the trip of a lifetime.
