If a company is running well and making profits, then chances are that the senior executives are well acquainted with business performance management. They may not have a technical definition of the concept but will have acquired the knowledge and skills to apply it practically within their areas of responsibility. There are a number of related terms that have been used to explain business performance management (BPM).

These include but are not limited to operational performance management (OPM), business performance optimization (BPO), corporate performance management (CPA) and enterprise performance management (EPM). Despite the difference both operate on one principle which attempts to increase the efficiency and profitability of the organization right up to the optimum level. Read the rest of this entry