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What's Corporate Performance Management and How Does It Fit the Banking Industry?

By: Payant, W. Randall | Journal of Performance Management, September 1, 2006 | Article details

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What's Corporate Performance Management and How Does It Fit the Banking Industry?


Payant, W. Randall, Journal of Performance Management


Want to learn about one of the latest IT buzzes seeping into the banking world, Corporate Performance Management, or CPM for short? Simply attend any one of dozens of technology slick vendor-sponsored webinars or put your name on their mailing list and you will be inundated with CPM literature1.

IT vendors' marketing shouts praises of CPM: One Version of the Truth! Doing the Right Things, At the Right Time, For the Right Reasons! Seamless Integration of Front, Middle and Back Offices! Key Performance Indicators (KPIs) and Performance Monitoring Dashboards! Sarbanes-Oxley! Vendors intimate that unless you get on the bandwagon, you will be left behind.

If you didn't know …

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