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Performance Management (CPM) is an approach to bring in systematic and integrated improvements in the management processes to ensure efficiency and effectiveness in strategy execution. At the core of PM is

A metrics-based strategic planning and execution framework that helps align strategic plans with resource allocation and strategic initiatives
Strategic goal alignment thru enhanced communication and focusing processes / resources towards organization objectives
A structured information based review mechanism that provides the feedback loop and connects strategic planning to operational performance measures
Performance Management Cycle
Traditional approaches to PM are characterized by excessive reliance on popular management frameworks such as Balanced Scorecard, Six-Sigma or Activity Based Management. While these frameworks do help implement change, the applicability of these frameworks depends on the organizational context.













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