If you ask five managers within your corporation to write down the three foremost corporate goals within your enterprise, how many goals would you get? Would you get five distinct goals? Ten? Fifteen? How about twenty because a few of the managers wouldn't follow the directions correctly? If you answered only three, there is an excellent chance that your corporation has already implemented an enterprise performance management (EPM) initiative that is well on its way to becoming a success.

While many may think of EPM in terms of software toolsets, EPM is much, much more than that. However, before we delve into what EPM is, let's take a look at why many organizations are undertaking an EPM initiative.

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