Research Methods on Business Performance Management

Abstract

Business performance management entails systematic use of information and analytical methods for measurement of performance in thebusiness environment. Some traditional problems, such as lack of holistic view of the organization and theabsence of causality, are still in their infancy in influencing business performance management.Currently, there is a lack of comprehensive research model to analyze and diagnose interactive performance management model. Using a research method, this paper studies a step-by-step framework procedure for improving the performance of business management model.In today's organization, reliable business strategies must be developed and implemented. Business Performance Management (BPM) provides enterprises with an IT-enabled method that can effectively design, change and execute strategies. This paper defines Business Performance Management (BPM), introduces the BPM framework, and discusses the potential drivers, obstacles and important success criteria of BPM implementation.Enterprises have now recognized the importance of business performance management (BPM) as a means to achieve strategic coordination and effectively formulate and implement business strategies. Nevertheless, many organizations are still trying to establish enterprise centric BPM systems that support strategic coordination.