Performance Management Software | SAS

By: SAS  06-Dec-2011
Keywords: Management Software

At SAS, performance management refers to how an organization leverages its assets (people, money and technology) to achieve short-, medium- and long-term strategic goals. Through an approach intended to improve value creation, performance management requires you to:

  • Control cost without sacrificing future growth objectives: Given the nature of current incentives (meeting quarterly or annual targets), the challenge is to meet short-term targets while preserving strategic growth initiatives.
  • Understand what drives cost and profit (or value): Without this understanding, managers are unlikely to allocate resources appropriately and know where to make improvements. At best, it may generate suboptimal results; at worst, it could inadvertently and irreparably destroy value.
  • Improve agility: Organizations that can identify opportunities and threats more easily than their competitors, understand the implications, update strategy quickly and then execute that strategy consistently across the organization will be the winners.
  • Identify and respond to environmental, social and economic risks and opportunities: A focus on the "triple bottom line" of people, profit and planet drives increased brand value through innovation, improves internal efficiencies and accountability, and engenders the loyalty of consumers, employees and other stakeholders.

SAS helps organizations improve performance by focusing on accountability, culture toward measurement and transparency. SAS delivers performance management software and services to help executives:

  • See a clean and simple reality. Ensure data quality, transparency and relevance for action.

  • Manage and align resources (people, money and technology) to strategy. Understand how cost and value flow through the organization and what drives or influences variation.

  • Improve foresight and optimize value. Prove which KPIs drive strategy; forecast and predict future outcomes with accuracy; and optimize resources and activity for maximum value creation.

  • Learn, share, codify and adapt. Understand why things succeed or fail, and update and communicate strategic change quickly and consistently for improved agility.

  • Evolve through experimentation and innovation. Simulate and plan options based on facts, not intuition, and prove which options deliver the best balance of risk and reward.

Through implementing SAS for Performance Management at more than 1,500 customer sites, we've learned that more than 80 percent of engagements start with creating transparency. Get it right and companies adopt a more positive culture toward measurement, which in turn improves accountability. Only then can employees act on facts, not gut instinct, improving resilience and consistency.

Keywords: Management Software

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