What Is EPM, Anyway?

Every so often when I’m at tee-ball game or a recital for one of my kids, a fellow parent asks me what I do for living.  When this happens I take a deep breath.  This seldom turns out right.  My response regresses into a string of acronyms and tech jargon.  After rambling for about a minute, the person usually stares back at me with eyes glazed over and  mutters something like, “Uh, that’s neat.”

In this age of social media and sound bites, people want a headline.

So, what do I do for a living?

If I had only one-hundred and forty characters to get my message out, a la Twitter, it would go something like this:

I help companies set up systems to monitor and report on how the company is performing so people can more effectively run the business.

The key objective: Turn insights into action.

Yeah, I could talk about key metrics, business intelligence, profitable execution… blah, blah, blah.  But really, it’s rather simple.  I work with organizations to engineer systems and processes to collect, report, and analyze information so that the company can find ways to be more profitable.  EPM asks three fundamental questions:

  1. Where are we as an organization?
  2. How did we get what we got?
  3. What’s next?

That’s Enterprise Performance Management.  EPM.

Want to know more?  Contact me.

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