Five Key Principles of Corporate Performance Management
IN THIS SUMMARY
A new role, that of the corporate performance management (CPM) executive, is rapidly emerging in companies, government agencies, and nonprofit organizations as a means to ensure effective and efficient alignment of effort in order to achieve higher levels of performance.
Drawing from Bob Paladino’s advisory experience with many of these high-performing and award-winning organizations, Five Key Principles of Corporate Performance Management chronicles the innovative best practices organized around the author’s Five Key Principles and based on the Kaplan/Norton Strategy Focused Organization methodology. According to Paladino, high-performing organizations apply the five key principles by: establishing and deploying a Corporate Performance Management Office and Officer, refreshing and communicating strategy, cascading and managing across the organization, improving performance through partnering, and managing and leveraging knowledge.