The confusion, ambiguity and lack of consensus about what enterprise performance management is will continue for a long time. Fortunately, many are realizing that performance management is much broader than how it’s often perceived: just a CFO initiative with a bunch of dashboard dials and better financial reporting. However, because it is so broad, then what is exactly enterprise performance management?

I have frequently described this much broader view of the performance management framework. Read my column, “Why the High Interest in Performance Management Now?” if you’d like to learn more about that topic. This column discusses an essential capability of enterprise performance management - modeling.

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