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Welcome to coOptimum Management Framework Technologies Engineering The Future of Business Performance Management
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In every large organization there are hundreds or thousands of business teams that are responsible for the various projects and programs that, when aggregated, deliver their organization’s overall performance.
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Nearly all business teams make decisions in face-to-face meetings, communicate with one another via e-mail and record their work in spreadsheets, presentation slides, and text documents.
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Given these circumstances, we should ask the following questions:
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- Is this the most efficient way to manage projects and programs?
- Is the quality of management across teams consistently high?
- Are team goals aligned to the current organizational goals, and can this alignment be proved?
- Are teams anticipating and responding to new business opportunities and threats fast enough?
- How do teams continuously coordinate their activities with other teams?
- Do current CPM and BI technologies satisfy the day-to-day BPM requirements of business teams?
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At coOptimum we believe the answer to all these questions is NO, and that this represents a very significant opportunity to open up a new segment of the Business Performance Management (BPM) market that we are calling: Team Performance Management (TPM).
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BPM = CPM + TPM
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TPM is the companion of Corporate Performance Management (CPM) and must incorporate BI and other technologies to deliver a team-oriented BPM capability that, together with CPM, meets the full potential of BPM to deliver sustainable competitive and strategic advantages for its customers.
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coOptimum is developing the market's first packaged TPM application and is seeking partnerships with CPM vendors to provide customers with the pre-integrated BPM solutions. Contact info@cooptimum.net for more details.
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LINK: Slowing Momentum: Why BPM Isn't Keeping Pace With Its Potential
Article in February 2006 issue of BPM Magazine
Released on February 1, 2006
Contributors: David JH Jones (Chairman, BPM International; Director of Services, Paragon Consulting); Alistair M Shaw (Founder, coOptimum)
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WHITEPAPER: Fulfilling BPM's strategic promise
This white paper highlights the reasons why BPM has not yet taken hold as a strategic business solution, the consequence of this for BPM software providers and their customers and what needs to be done to make sure the BPM promise is delivered.
Version: 1.3.1, released on December 5, 2005
Contributors: David JH Jones (Chairman, BPM International; Director of Services, Paragon Consulting); Alistair M Shaw (Founder, President, coOptimum)
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