Managing Performance in a Tough Economy

Sponsored by Prophix

  • Learn how performance management systems can help you manage through challenging economic conditions
  • Author: BPM Partners
  • Date: April 2020
  • Pages: 8
  • Now available for: Instant Download.

Executive Summary:

In difficult economic times, it becomes more important than ever for companies of any size to manage performance efficiently, as well as to be flexible and adaptable in a volatile environment. This is even more crucial for midmarket organizations. In order to be able to move quickly and adapt, it is imperative to have software that can keep pace with changing circumstances, by allowing management to quickly envision and analyze alternate scenarios in order to plan the best course of action. This is easier said than done, as it requires a system in place that supports it. If modeling and analysis is a cumbersome process, it likely will not happen, or will be inadequate.