Business Performance Measurement Systems

We talked about measurement earlier this week, and it really got me thinking, why is measurement important to business?

Vince kellen, the CIO of Depaul University in Chicago says that Business Performance Measurement Systems have grown in use and popularity in the past 20 years.Its no suprise is it? As the global shift looms ever closer firms must maximize efficiency to stay competitive. Measuring success, or failire is the first step of that process. Firms/companies may adopt BPM systems for a variety of reasons, but mostly to gain a level of control over the firm that was never achievable before.

However wonderful BPM systems are, they can be very difficult to implement. Issues range from great amounts of diversity of fields of study in the workplace,lack of affilitation with strategy, poorly defined identification process, etc. Learn more at:http://www.kellen.net/bpm.htm

Kellen goes on to explain how you can prevent these problems by first identifying "a minimal set of four criteria for designing successful BPM systems, along with 12 BPM system factors to be considered." By defining what you want in a BPM before hand, you can head off many of the most frequent problems.