An enhanced corporate performance management framework and software is available through the Integrated Enterprise Excellence (IEE) business management system. IEE addresses the corporate performance scorecard and improvement issues described in a one-minute video:
Enterprise Performance Reporting System (EPRS) software provides the vehicle for integrating what an organization does and how it measures what is done. EPRS provides the means to have automatically updated predictive performance metrics in an IEE corporate performance management framework value chain. An IEE value chain is in step 2 of the 9-step IEE system.
The IEE system provides a roadmap for improving Key Performance Indicators (KPIs) (step 7) that are reported from a process-output point of view with a predictive assessment/statement. Evaluating performance measures from a 30,000-foot-level futuristic point of view typically provides much more insight to what is truly happening in a process than one might expect.
Corporate Performance Management Framework System and Software
Elephant-in-the-room business policies are not often openly discussed but can result in very unhealthy behaviors, as illustrated in the economic crisis that occurred in 2008-2009. The PDF-linked paper below elaborates on these issues and describes an Integrated Enterprise Excellence (IEE) business governance system resolution.
IEE integrates best practice management components and goes beyond traditional business techniques; e.g., the Balanced Scorecard and project-based process improvement techniques such as Lean Six Sigma. A Chief Performance Officer can use the IEE methodology for their Corporate Performance Management (CPM) system. The current management system that companies are using can lead to very unhealthy, destructive behaviors. One could take the position that common-place business management systems are broken and need reinvention.
IEE is a 21st century business management governance system that addresses these needs and more by overcoming shortcomings in the following areas: organizational scorecard and dashboard metrics; strategic planning practices and their metrics; traditional table of numbers, pie charts, stacked bar charts and other forms of non-predictive scorecard reporting; variance to metric goals, red-yellow-green scorecards, and the balanced scorecard. The predictive scorecard and other attributes of the Integrated Enterprise Excellence (IEE) system resolves these issues and gets organizations out of the firefighting mode, where common-cause issues are often reacted to as though they were special cause.
IEE provides the guiding light for organizations to move toward achievement of the 3 Rs of business; i.e., everyone doing the Right things, and doing them Right, at the Right time.
Books that Provide the Details of Implementing the IEE Corporate Performance Management Framework System
An IEE five-book set of books provide introductory (e.g., Volume 1 is written as a novel around friends playing golf) and details of implementing this enhanced corporate management framework.
Is an IEE Corporate Performance Management Framework System and Software a Good fit for your Organization?
A white paper on the applicability of IEE to creating an enhanced IEE corporate performance management framework system is available through the link below
Contact Us to set up a time to discuss with Forrest Breyfogle how your organization might gain much from an IEE Business Management System implementation.