Today, the world is a volatile and unpredictable place causing smart companies to commence business transformational initiatives to better manage operational performance. As the pressures to reduce costs continue to increase, smart companies are betting on improving operational performance and business forecasting to continue competitiveness in an ever-changing market. Technology and innovation are making it easier for these organisations to outperform their peers by utilising greater precision, flexibility and agility in their operational performance management.
Operational Performance Management (OPM) is the alignment of all business functions to ensure they are cooperating and collaborating to achieve a common set of business goals. This requires all areas of the organisation to evolve and foster better connectivity, agility, precision and consistency than in the past.Connecting the relationships between functions will help you to master the performance of each area to create greater competitive advantage.