Power of Performance Management : How Leading Companies Create Sustained Value

Follow the examples of world class corporations to strengthen your company s ability to create and deliver value There is a growing conviction among senior corporate financial managers that traditional business planning and performance management methods are flawed and insufficient for keeping competitive in today s technology driven information age. In addition, there is increasing pressure from shareholders for corporations to create as much value as possible. More than ever, today s companies must top the value creation usually achieved through new budgeting systems, complete benchmarking studies, and reorganizations of the finance function. Power of Performance Management provides the framework necessary to develop a strategic performance management process for creating world class value by examining the practices and case studies of world class corporations. From Sara Lee to the Xerox Corporation, these diverse examples reflect the roadblocks today s leading companies have faced and overcome in this area and demonstrate the role management must play in making improvements. Also included here is a thorough explanation of how to effectively utilize information technology to support the process. Identify key issues, create a framework, choose a strategy, and secure the tech support you need in order to create and deliver world class value for your company with this invaluable book