The Role of Business Intelligence in Business Performance Management

Business performance management (BPM) is a key business initiative that enables companies to align strategic and operational objectives with business activities in order to fully manage performance through better informed decision making and action. Effective business performance requires an organization to model and monitor not only its tactics but also its strategies and the assumption on which these strategies are built. The aim of this paper is to examine the processes, methodologies and technologies underlying BPM, the relation between BPM and business intelligence, and to propose a framework for integrating corporate performance management and business intelligence in a holistic approach of managing business performance. Finally we come to the conclusion: Managing and optimizing business performance is a critical requirement not only for maximizing business profitability but even for remaining in viable in today's fast moving and competitive business environment.