CorVu Corporation, an innovative thought leader in performance management software, announced the launch of CorVu 5, a purpose-built application that uniquely combines the two key technology components necessary for driving breakthrough performance - a Strategic Management System and performance metrics.
The Strategic Management System consists of four integrated modules - CorStrategy, CorPlanning, CorRisk and CorIncentive - which manage the key business processes that impact strategy execution, including objective management, initiative management, resource management, risk management and incentive management. The performance metrics component, CorBusiness, is a robust business intelligence platform for automated data exchange, reporting and analysis.
CorVu 5 is a purpose-built performance management application that gives organizations a total performance management solution, not a suite of multiple point solutions. As a purpose-built application, CorVu 5 offers rapid implementation, seamless integration with existing technology and support for any level of performance management sophistication.
CorVu introduces two resources with CorVu 5 that will help customers advance their performance management initiatives. CorVu will offer the Cranfield University School of Management's Catalogue of Performance Measures, a reference guide that provides valuable insight into choosing the appropriate performance measures. CorVu has also partnered with Corporate Alignment, an innovative management and research consultancy, to provide a diagnostic tool that measures how well an organization's actions, outcomes and behaviors support long-term strategies and behaviors. Both management tools will enable CorVu's customers to more effectively monitor and manage their organization's performance by improving strategy execution.
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