Business Performance Management (BPM)

What is Business Performance Management (BPM)?

Business performance management (BPM) is the process of monitoring and improving the performance of a business or organization. It involves setting performance goals and targets, collecting and analyzing data about the business's performance, and taking actions to improve performance and achieve the desired results.

BPM typically involves the use of tools and techniques such as data analytics, key performance indicators (KPIs), and performance dashboards to monitor and measure the performance of the business. It also involves establishing processes and systems for collecting and analyzing data, and for identifying and addressing performance issues or problems.

BPM is an important tool for improving the efficiency, productivity, and profitability of a business. It allows businesses to identify and address performance issues, and to make informed decisions about how to improve the business's performance.