Performance Management Systems and Strategies Basic Concepts:
Following are the list of Performance Management Systems and Strategies Basic Concepts
Performance Management – It is the process of assessing progress toward achieving predetermined goals.
Performance Planning – In performance planning goals and objectives are established.
Performance Coaching – In performance coaching, a manager intervenes to give feedback and adjust performance.
Application Performance Management – Application Performance Management (APM) refers to the discipline within systems management that focuses on monitoring and managing the performance and availability of software applications.
Business Performance Management – Business Performance Management (BPM) is a set of processes that help businesses discover efficient use of their business units, financial, human and material resources.
Operation Performance Management – Operational Performance Management (OPM) focuses on creating methodical and predictable ways to improve business results, or performance, across organizations.
Integrated Business Planning – Integrated Business Planning (IBP) refers to the technologies, applications and processes of connecting the planning function across the enterprise to improve organizational alignment and financial performance.