How do we get our arms around corporate performance management (CPM) so as to tackle it? Last month I began examining that question by defining, in general terms, what CPM is and how CPM relates to business intelligence (BI) - it is a targeted application of the conventional BI stack with industry-specific best practices and processes applied. I further highlighted how the value-driven data warehouse (VDDW) framework fills an important gap in the CPM space by supplying a superior and enriched set of content to feed the CPM toolset (the VDDW framework deeply and comprehensively joins together operational transactions with financials and business processes, along with the drivers of that performance and the capacity and leverage achieved on the resources engaged).
This month, let's further decompose CPM. What are the core pieces of a total CPM solution, and how do they interact with one another? To answer that, let's take a step back, and think about the question not so much technically, but humanly. Managing business performance is, after all, a human endeavor. With the human requirements defined and understood, the system requirements fall into place.
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