Written by

Bernard Marr

Bernard Marr is a world-renowned futurist, influencer and thought leader in the fields of business and technology, with a passion for using technology for the good of humanity. He is a best-selling author of 20 books, writes a regular column for Forbes and advises and coaches many of the world’s best-known organisations. He has over 2 million social media followers, 1 million newsletter subscribers and was ranked by LinkedIn as one of the top 5 business influencers in the world and the No 1 influencer in the UK.

Bernard’s latest book is ‘Business Trends in Practice: The 25+ Trends That Are Redefining Organisations’

View Latest Book

Follow Me

Bernard Marr ist ein weltbekannter Futurist, Influencer und Vordenker in den Bereichen Wirtschaft und Technologie mit einer Leidenschaft für den Einsatz von Technologie zum Wohle der Menschheit. Er ist Bestsellerautor von 20 Büchern, schreibt eine regelmäßige Kolumne für Forbes und berät und coacht viele der weltweit bekanntesten Organisationen. Er hat über 2 Millionen Social-Media-Follower, 1 Million Newsletter-Abonnenten und wurde von LinkedIn als einer der Top-5-Business-Influencer der Welt und von Xing als Top Mind 2021 ausgezeichnet.

Bernards neueste Bücher sind ‘Künstliche Intelligenz im Unternehmen: Innovative Anwendungen in 50 Erfolgreichen Unternehmen’

View Latest Book

Follow Me

Performance management software – deciding on flexibility and scalability

2 July 2021

Scalability of Performance Management Software

In order to assess the required scalability it is important to consider the final implementation scope of the performance management software. Companies might initially only automate one department or business unit but later plan to roll it out organisation-wide. There are three aspects of scalability:

  • The performance management software application should be scalable in terms of programming. It should, for example, be easy to add new cascaded value creation maps
  • The underlying performance management database should be scalable since the amount of data and information accumulates quickly
  • The performance management communication approach should be scalable so that it is easy to disseminate the information through e.g. the Web browser. Language can also be an issue for international organisations and they might want to check whether the application comes in various languages

Flexibility and Customisation of Performance Management Software

This is an important aspect and nowadays organisations are less willing to invest in performance management software applications that are not, for example, able to integrate with other applications. Many tools provide interfaces with reporting packages, activity-bases costing solutions, CRM or planning tools. Flexibility should also be provided in terms of methodology support.

Many organisations have multiple performance measurement and reporting needs, besides their strategic value creation map might also want to use the software for frameworks such as other business scorecards or assessment frameworks (e.g. Baldrige National Quality Award, EFQM Award, Deming Prize, Investors in People, etc.). It usually makes sense to use the same application for all the performance measurement and reporting needs.

Business Trends In Practice | Bernard Marr
Business Trends In Practice | Bernard Marr

Related Articles

The Amazing Ways Coca-Cola Uses Generative AI In Art And Advertising

Some say that in the very near future, we’ll need to either adopt artificial intelligence (AI) or be made redundant by it – or by others using it.[...]

The 5 Biggest Risks of Generative AI: Steering the Behemoth Responsibly

In our contemporary world, the pressures of the professional sphere often encroach upon our personal space, giving rise to stress and an overwhelming sense of dread.[...]

3 Ways To Reinvent Your Products And Services For The Future

With the rise of the metaverse and web3 technologies, there’s no denying the next evolution of the internet is already underway.[...]

Virtual Influencer Noonoouri Lands Record Deal: Is She The Future Of Music?

Teenage influencer Noonoouri has 400,000 followers on Instagram and has starred in fashion campaigns for Dior, Balenciaga and Valentino.[...]

Managing Stress at Work: 5 Top Tips Anyone Can Follow

In our contemporary world, the pressures of the professional sphere often encroach upon our personal space, giving rise to stress and an overwhelming sense of dread.[...]

6 Roadblocks Stopping Web3 And The Metaverse Becoming A Reality

With the emergence of the metaverse and web3 technologies, it’s clear that the next evolution of the internet is already underway.[...]

Stay up-to-date

  • Get updates straight to your inbox
  • Join my 1 million newsletter subscribers
  • Never miss any new content

Social Media

0
Followers
0
Followers
0
Followers
0
Subscribers
0
Followers
0
Subscribers
0
Yearly Views
0
Readers

Podcasts

View Podcasts