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Lifecycle Lifecycle Performance Performance Professionals Professionals What is Lifecycle Performance Management? Lifecycle Performance Management is the systematic implementation of an enterprise-wide performance strategy involving all business units, systems and personnel. It is a sequence of management processes, when combined, achieves a complete approach to managing performance from start to finish. Lifecycle Performance Management focuses on all areas that determine the success of an enterprise, including: • Employees • Departments / Divisions • Processes • Finance • Programs (e.g. implementing organizational policies) • Products / Services • Projects • Business Units / Teams Lifecycle Performance Management involves integrating key documents into a performance plan, aligning performance to organizational goals, applying best practices, identifying the right metrics, developing a plan to act on the results, and constantly improving the knowledge and performance of your people, processes and technology. Lifecycle Performance Management is centered on the Lifecycle Performance Management Model (illustrated on the next page). The Lifecycle Performance Management Model is broken down into four areas: • Integrating supporting organizational management documents • Aligning performance through management functions • Implementing performance management best practices, and • Executing key performance management activities © 2009 Lifecycle-performance-pros.com All rights reserved 4
Lifecycle Lifecycle Performance Performance Professionals Professionals The Lifecycle Performance Management Model © 2009 Lifecycle-performance-pros.com All rights reserved 5
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