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.
Related Articles
The UK’s Bold AI Plan: A Blueprint For Leading The Future Of Technology
By now, “smart” versions exist of just about every home appliance, gadget and gizmos we can think of. However, manufacturers continue[...]
Will AI Solve The World’s Inequality Problem – Or Make It Worse?
We are standing on the cusp of a new technological revolution. AI is increasingly permeating every aspect of our lives, with intelligent machines transforming the way we live and work.[...]
How You Become Irreplaceable In The Age Of AI
In a world where artificial intelligence is rapidly advancing, many of us are left wondering: Will AI take our jobs?[...]
Why Apple Intelligence Sets A New Gold Standard For AI Privacy
In the rapidly evolving world of artificial intelligence, privacy concerns have become a hot-button issue.[...]
Can Your Device Run Apple Intelligence? What You Need To Know
Apple's announcement of Apple Intelligence has sent waves of excitement through the tech world.[...]
10 Amazing Things You Can Do With Apple Intelligence On Your IPhone
Apple Intelligence is poised to revolutionize the iPhone experience, offering a suite of AI-powered tools that promise to make your digital life easier, more productive, and more creative.[...]
Sign up to Stay in Touch!
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 over 20 books, writes a regular column for Forbes and advises and coaches many of the world’s best-known organisations.
He has a combined following of 4 million people across his social media channels and newsletters and was ranked by LinkedIn as one of the top 5 business influencers in the world.
Bernard’s latest book is ‘Generative AI in Practice’.
Social Media