| Environmental issues are at the forefront of business | | | | and financial drivers and results, and streamline |
| concerns for many decision makers in the West. From | | | | company-wide collaboration. Such detailed planning and |
| government bodies to business leaders, there are | | | | monitoring assist businesses in reducing system waste |
| many individuals and organizations calling for greener | | | | and promote greater control of their overall carbon |
| ways to do business and searching for ways to | | | | footprint. |
| preserve the planet's future. | | | | Performance Management solutions enable you to: |
| A trickle-down effect has ensured that it is not only | | | | Monitor business-specific KPIs, such an environmental |
| large businesses that are preoccupied with | | | | factors and carbon emissions, in real time to support |
| environmental concerns, instead green issues have | | | | effective decision-making throughout business |
| become important to a number of businesses - | | | | processes. |
| irrelevant of size. This concern for the implementation | | | | Create and compare multiple "what if" scenarios, test |
| of green practices also has a sound financial backing, | | | | assumptions, assess the impact of events, and model |
| as increasing numbers of customers want to be | | | | the business to meet targets and high-level Green |
| presented with evidence that their providers adhere to | | | | objectives. |
| green guidelines. | | | | Align strategies with resources and actions that can |
| What's more, the old concerns many businesses held | | | | be easily measured and monitored, and share the |
| regarding changing business models to increase their | | | | information pervasively across the organization to |
| green credentials are largely eliminated, as they no | | | | promote maximum resource conservation and efficient |
| longer present the same problems. In the past, many | | | | energy use. |
| businesses felt that they were forced to choose | | | | Plan and model business outcomes using key drivers, |
| between running their company in the most cost | | | | including environmental factors, and view results from |
| effective way and running it in a way that best served | | | | multiple perspectives (e.g., organization, product, market, |
| the environment. These days' new technologies ensure | | | | distribution channels, and time) to support effective |
| that companies no longer have to compromise. | | | | decision-making. |
| Increasingly, business leaders and providers are coming | | | | Leverage prebuilt analytic applications to retrieve and |
| to the realization that it is possible to choose socially | | | | present actionable information for specific industries |
| responsible business models that are also financial | | | | and business functions. Such analysis is essential to |
| beneficial. There are a number of factors that have | | | | verify optimum carbon footprint reduction and maintain |
| contributed to this state of affairs. For example, simple | | | | efficient use of resources. Analytic applications also |
| green IT initiatives, such as ensuring computers are | | | | allow organizations to quickly identify areas of concern |
| switched off and not left on standby overnight, are just | | | | and drill down into those areas, discovering the |
| a small-scale example of ways that green ideals can | | | | reasons why performance is not optimal. The |
| save on fuel costs. | | | | company then can take corrective action and |
| Performance management strategies can not only | | | | Re-adjust plans. |
| show businesses the ways in which they are going | | | | Determine what the financial impact of a given Green |
| wrong, they can also provide them with solutions, | | | | initiative will be. While the organization has an ethical |
| therefore, suggesting initiatives that can be | | | | obligation to do what is best for the environment, it also |
| implemented to improve green practices without | | | | has a financial obligation to the stakeholders. These |
| impacting the cost effectiveness of the business | | | | strategies help enterprising organizations bring together |
| model. In fact, perhaps conversely to popular opinion, | | | | these ethical and financial obligations. |
| strategies such as these aim to improve business | | | | With Performance Management solutions, you are |
| performance overall, creating a solution that is both | | | | able to better monitor, measure, and manage your |
| financially, and socially, beneficial. | | | | business. In addition, these strategies help people at all |
| Performance Management applications enable | | | | levels of your organization streamline processes, |
| companies to improve overall business performance | | | | generate actionable business insights, and make |
| by developing effective strategies, aligning resources | | | | knowledgeable decisions that help improve |
| and actions with plans and strategies, and proactively | | | | company-wide performance. |
| monitoring business processes and results. These | | | | However, new technologies have ensured that |
| solutions have been shaped through the experience | | | | greening your business can have numerous other |
| and input of customers, the expertise of industry | | | | benefits and that such initiatives can be implemented |
| associates and analysts, and the requirements of | | | | with an eye to creating a better business model for |
| regulatory bodies to promote optimum efficiency, both | | | | productivity as well as green concerns. From utilizing |
| financial and environmental. Performance Management | | | | analytics packages to identifying key areas where |
| solutions can help companies link corporate strategy to | | | | improvement is needed to the implementation of |
| operational plans and generate actionable business | | | | comprehensive performance management software |
| insights that are used to increase user productivity and | | | | to ensure that both business and green concerns are |
| improve overall business performance. They support | | | | running to maximum efficiency, there are many ways |
| cross-departmental, integrated views of operational | | | | that software can help companies cut their waste. |