APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Enterprise Architecture
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    Editor's Pick (1 - 4 of 8)
    left
    Enterprise Architecture's Dexterity Challenge

    Deepak Singh, MD-IT Strategy & Chief Enterprise Architect, Cushman & Wakefield

    Transforming the Role of Technology in Research and Education Institutions

    Khalil Yazdi, Consulting CIO and Principal, Yazdi and Associates, LLC

    Things You Should Consider for a Successful Cloud Migration

    Koray Sonmezsoy, Head of Architecture & Engineering, Li & Fung Limited

    Spring into Action! Growing Enterprise Architecture for Business Seasons

    Martha Tartal, EA, United States Patent and Trademark Office

    Building an Enterprise Architecture to deliver strategic outcomes

    Kosta Hahladakis, Enterprise Architect, The Reserve Bank of New Zealand

    Building a Strategic Enterprise Architecture- Myth or Reality?

    Regine Deleu, GM Digital Architecture, Auckland Transport

    Automating Architectures for Rapid Delivery and Governance at Scale

    Robert Sang, 20 Digital Architect, Vector Limited

    Enterprise Architecture: Five Things I'd Tell Myself!

    Jamie West, Head of Architecture & Design, healthAlliance

    right

    Enterprise Performance Management Key Success Factors

    Thomas Rondot, Chief Financial Officer, Danone

    Tweet
    content-image

    Thomas Rondot, Chief Financial Officer, Danone

    One of the significant reasons for the under-performance of a business, beyond the relevance of its strategy, is its inability to execute it in an integrated manner across the enterprise. Among the most frequent issues, there are challenges around the implementation of the strategy itself, the monitoring and the analysis of its results in order to be able to adjust the course of action when required. Enterprise Performance Management (EPM) aims at addressing those challenges.

    As a Finance Leader across various industries and continents, I can testify that a successful implementation of EPM also comes with its own challenges. Here are some of the key points of attention for one should pay attention to when deploying an EPM program:

    Strong Executive Sponsorship Strong

    Executive Sponsorship to drive the buy-in across the organization. EPM is a business performance enhancer. It is based on an integrated approach as far as the strategy, business and financial planning are concerned. It is crucial that top management positions the implementation of EPM as an enterprise priority and a driver of its performance improvement.

    Connecting the Dots

    The quality of an EPM relies on the ability of an organization to translate its strategic initiatives into relevant business and financial drivers with clear KPIs.

    This exercise, which could appear as cumbersome, is a necessary condition for success. It will ensure that the established business performance monitoring is meaningful for business partners. This is necessary to ensure that the corrective actions are impactful. Do not underestimate the effort it takes to align the organization.

    Enterprise Data Management and Integration

    EPM is the backbone of an effective decision-making process based on fact-based insights and analytics. Enterprise data management and integration across multiple platforms and sources are, in my experience, one of the key challenges. Without reliable and relevant data, EPM is dead in the water! Indeed, it will not trigger the right “business conversations” and lead to ineffective or even detrimental business decisions.

    Systems

    The competitive and changing environment in which businesses operate requires enhanced capabilities such as automated reporting, predictive forecasting as well as agile data-driven analytics. Understanding the business needs and identifying the right tools and technologies to meet those requirements is an essential role of the IS/IT function. It is not a onetime task. It requires a continuous and well-synchronized process between IS/IT and the various functions (Sales, Operations, Finance, etc.).

    Governance and Change Management

    The governance around EPM needs to be clearly defined and well communicated across the organization. It is vital not to underestimate the change management that this initiative will require. A proper budget and sufficient resources should be assigned, including for postmortem reviews and any additional training and corrective actions needed.

    People and Organization

    The emergence of new technologies (AI, Big Data, Cloud, Business Intelligence software, etc.) allowing for advanced analytics, scenario and predictive modelling will require new competencies and new profiles amongst our teams. Business Solution Architect and Data Scientist roles will become key roles in our organizations. Managers need to anticipate and build the right talent pipeline for the needs of tomorrow.

    EPM is a great opportunity to improve the collective performance of the enterprise. EPM should be business-led and technology-enabled initiative. CFO and CIO should partner together to ensure a customer-centric approach to this initiative as well as continuously enhance the capabilities of the enterprise.

    tag

    Financial

    Data Management

    Big Data

    Weekly Brief

    loading
    Top 10 Enterprise Architecture Technology Consulting/Service Companies - 2020
    ON THE DECK

    Enterprise Architecture 2020

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Listening Beyond Hearing

    Listening Beyond Hearing

    Salvatore Incardona, Head of IT, Amplifon Australia
    Modernizing Lending Through Innovative, Secure and Scalable Technology

    Modernizing Lending Through Innovative, Secure and Scalable Technology

    Steven Meek, Chief Information Officer, Pepper Money
    Advancing the Chemical Industry through Digital Transformation

    Advancing the Chemical Industry through Digital Transformation

    Jan Mandrup Olesen, Global Head of Digital Business, Indorama Ventures
    Cultivating a Sustainable Future through Collaboration

    Cultivating a Sustainable Future through Collaboration

    Jiunn Shih, Chief Marketing, Innovation & Sustainability Officer, Zespri International
    Mastering Digital Marketing Strategies

    Mastering Digital Marketing Strategies

    Tasya Aulia, Director of Marketing and Communications, Meliá Hotels International
    Building a Strong Collaborative Framework for Artificial Intelligence

    Building a Strong Collaborative Framework for Artificial Intelligence

    Boon Siew Han, Regional Head of Humanoid Component Business & R&D (Apac & Greater China), Schaeffler
    From Legacy to Agility Through Digital Transformation

    From Legacy to Agility Through Digital Transformation

    Athikom Kanchanavibhu, EVP, Digital & Technology Transformation, Mitr Phol Group
    Change Management for Clinical Ancillary Teams: Aligning Practice with Policy and Progress

    Change Management for Clinical Ancillary Teams: Aligning Practice with Policy and Progress

    Ts. Dr. James Chong, Chief Executive Officer, Columbia Asia Hospital – Tebrau
    Loading...
    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://enterprise-architecture.apacciooutlook.com/cxoinsights/enterprise-performance-management-key-success-factors-nwid-7467.html?utm_source=google&utm_campaign=apacciooutlook_topslider