Performance Management
Business Performance Management is the means by which strategy is translated into effective action.
However for some organisations, management information systems only function as operational reporting tools, disconnected from the organisational strategy.
In order to sustain performance improvements over time it is essential to deploy an information delivery solution, which effectively aligns business strategy, goals and objectives with individual objectives. In addition, by providing on-line access to reliable business performance metrics, individuals are empowered to make better business decisions.
Maxima has expertise in implementing solutions which translate pre-defined business needs, strategy maps and Key Performance Indicators (KPIs) into automated information delivery systems, to ensure effective performance monitoring, communication, collaboration and decision making.
Benefits
- A single, consistent and consolidated view of business performance
- The capability for focused collaboration to achieve agreed goals and objectives
- The ability to communicate a common understanding of issues and priorities
- A means to demonstrate adherence to regulatory compliance and corporate governance requirements
Performance Management Technology
Performance Management builds on existing investments in Business Intelligence reporting with the utilisation of dashboards, analytics, collaborative analysis, strategy maps and scorecards.
The technology provides the flexibility to support and integrate to the requirements of recognised management methodologies such as Six Sigma, Balanced Scorecards, EFQM.
The Maxima approach
We conduct a series of interviews and workshops with information stakeholders to establish our understanding of the business drivers, strategy, KPIs and processes.
We then familiarise ourselves with the current reporting infrastructure, data sources, formats and locations. Finally we define an implementation plan for the deployment of the information delivery solution based on the appropriate technology platform.
