Performance management is a term that gets thrown around with abandon. Some people use it interchangeably with Business Intelligence; others give it more of a financial management angle. It doesn’t really matter which definition you use; as long as your organisation is using its intellectual, management and data assets as well as possible to achieve corporate goals.
CDP thinks of performance management as business intelligence with a financial edge. To put it another way you can regard performance management as business intelligence with forecasting, budgeting and targets added on. Its aim is an attempt to cover the questions that are most often asked in an organisation: