performance management
What Every CEO Needs to Know About IT
It’s not necessary for a CEO of a company to be able to write Java code or master the intricacies of an ERP or sales compensation application. However, that CEO must master the basics of IT just as he must understand basic corporate finance, the production process and – at least at a high level – the technologies that support that process.[read more]
The ‘Big Data’ Buzz – Revolution or Evolution?
In this post, Bernard Marr discusses whether the emergence of big data analytics means a revolution or more an evolution of the way we collect, analyse and use data to inform management decision-making.[read more]
A New Kind Of Data Warehousing Will Emerge in 2011 According To Gartner
An article in eWeek.com summarizes the latest data warehousing report from Gartner entitled “The State of Data Warehousing in 2011.” In the report, Gartner predicts a turning point in the evolution of the data warehousing market this year. The concept of the ideal data warehouse is changing. Data loading into data warehouses is fast...[read more]
Who Are the Animals of Analytics-Based Performance Management?
Ever notice how the personalities and dispositions of animals often resemble humans’? An organization’s pursuit of adopting analytics-based performance management involves personalities of all types. How are they like the creatures that populate our planet? I recently posted my monthly column on this topic with the same title, Who Are...[read more]
I Tweet Therefore I Am
Actually, I do not tweet or have a Twitter account (yet). Maybe I will in the future. I am typically not interested in trivial activities of people’s lives, like what they had for dinner. And yet I violate this opinion when writing this blog. This is because this blog will be short because I am now on vacation on a cruise ship in the...[read more]
Can the Tiger Woods Effect Improve Performance Management?
The field of sports routinely experiences a dynasty of continuous and consistent championships. Examples have been the New York Yankees in baseball, the Detroit Red Wings in hockey, and Coach John Wooden’s UCLA college basketball team. An individual dominant sport champion is Roger Federer in tennis, but arguably no sport has been...[read more]
Help Desk – A User’s Guide to Analytics-based Performance Management
Imagine if an organization had a chief analytics-based performance officer and a department that assisted line managers with applying business analytics embedded in the various methodologies of its the performance management framework. Further imagine if that department had a help desk. To read some questions, including answers from help...[read more]
Performance benefits of linking R to multithreaded math libraries
R wasn't originally designed as a multithreaded application -- multiprocessor systems were still rare when the R Project was first conceived in the mid-90's -- and so, by default, R will only use one processor of your dual-core laptop or quad-core desktop machine when doing calculations. For calculations that take a long time, like big...[read more]
Horse Racing’s Triple Crown – Just like Business Analysts*
The Belmont horserace, third leg of the USA’s prestigious Triple Crown races, was this past week-end. It made me think that thoroughbred racehorses and business analytic and performance management project leaders have similarities depending on which type they are. (This metaphor is also applicable to professional careers.) There are...[read more]
Self-tracking: “If man were meant to fly” and other objections
Self tracking for performance has a place on the map now thanks to the May 2 New York Times Magazine article by Gary Wolf. But along with praise and interest, “The Data-Driven Life” also drew harsh, skeptical reactions. Many of the objections were of the “if man were meant to fly, he’d have wings” variety. But many others were valid...[read more]
A Poorly Managed Company’s Tour Guide: Performance Mangement and the 'Mesdup' Corporation
Publicly traded companies issue annual reports that increasingly look like magazines. Almost all organizations publish a brochure with glossy pictures that describe what their organizations do. In either case they are very traditional, and many look the same. What is needed is a new idea – a better way to communicate their...[read more]
Review of Dresner's Profiles in Performance
Howard Dresner, a fellow ex-Gartner Business Intelligence and Information Management Research Director (but with a far more distinguished research record than mine!) has published his second book at the end of last year. The book is called "Profiles in Performance: Business Intelligence Journeys and the Roadmap for Change". His...[read more]
How can Enterprise Performance Management be Summarized?
I spend a lot of time investigating and writing about just exactly what enterprise performance management is and how to define it. I am concluding there is no exact way to summarize it. Everyone has a different spin on it. What I do like is that in the last couple of years most everyone writing about this subject has realized that...[read more]
Forming, Storming, Norming, Performing, Adjourning and Transforming
That’s quite a mouthful I know. This concept was recently introduced to me by Gil Yehuda via email and was originally developed by Bruce Tuckman (in the 1960’s) who believed that these were all necessary phases for teams to go through in order for them to grow and deliver results (and to overcome challenges, tackle problems, find...[read more]
Playing in Traffic
I am inspired by the article by David Fisher, Director of the Defense Department's Business Transformation Agency, titled Performance Management is a Team Sport. He describes how his organization shifted its emphasis from traditional individual performance appraisals to a method that aligns organizational core mission goals with...[read more]
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