Corporate Performance Management (CPM) Module
The Corporate Performance Management (CPM) module offers a comprehensive solution for managing, tracking, and optimizing organizational performance, ensuring all KPIs align with strategic goals and the corporate strategy. It covers the entire performance management lifecycle, from performance metrics identification and planning for strategic planning to feeding, tracking, controlling, and reporting.
Customizable KPI Solutions for Operational Excellence
The module supports both strategic and operational KPIs, offering a complete view of performance across the organization. It enables department managers and KPI champions to track scorecards based on defined metrics, assess progress, and drive results within their teams. Additionally, the module provides flexibility to customize performance metrics, settings, and configurations, meeting unique organizational needs. With powerful tracking and analytics, it facilitates data-driven decision-making, continuous improvement, and operational excellence, supporting strategy for growth.
Performance Setup
- Performance Year and Cutoffs.
- KPI Bank.
- Strategic Goals and Objectives.
- Operational Objectives.
- Organization Structure.
- KPI Ideation.
Performance Planning
- Performance Structuring.
- KPI Audience and Engagement.
- Data Indicators.
- Target Planning.
- Data Collection Settings.
- Capping and Accelerators.
Performance Feeding
- Automated Data Collection.
- Data Integration.
- Data Source Validation.
- Notifications and Alerts.
Performance Controlling
- KPI Change Request.
- Target Changes.
- Drop KPI.
- Extensions.
- Delegation.
Performance Reporting & Analysis
KPI Performance Dashboards.
- Automated KPI Reporting.
- Trend Analysis and Forecasting.
1. Performance Setup
Defines the framework for KPIs, aligning them with strategic goals, operational objectives, and organizational structure.
- Performance Year and Cutoffs:
Define the performance year and set cutoffs for evaluating KPIs, enabling clear tracking over set periods and aligning with operational plans and strategic planning strategies. - KPI Bank:
Create and manage a centralized repository of pre-defined KPIs, customizable to meet the organization’s strategic goals and operational objectives. - Strategic Goals and Objectives:
Align KPIs with corporate strategy to ensure they support the organization’s long-term objectives and mission. - Operational Objectives:
Set and track operational plans linked to broader strategic initiatives, ensuring day-to-day activities contribute to organizational success. - Organization Structure:
Define and structure KPIs around the organization’s hierarchy, aligning performance metrics at corporate, departmental, and individual levels to support strategy for growth. - KPI Ideation:
Brainstorm and identify innovative KPIs to align with evolving business objectives, supporting strategy management and organizational needs.
2. Performance Planning
3. Performance Feeding
4. Performance Controlling
5. Performance Reporting & Analysis
Target Audience
StrategyTik centralizes strategic planning, enhances communication, and ensures adaptable, actionable strategies, driving alignment, execution, and operational excellence.
