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Effective Enterprise Performance Management<br />
Page 18<br />
• Implement a more robust system for maintaining performance<br />
information and data (currently, 71% of <strong>the</strong> Best- in-Class companies<br />
have this system in place). To maintain industry leadership, <strong>the</strong> Best-in-Class<br />
should continue to provide up-to-date performance data / information for<br />
<strong>the</strong>ir stakeholders. In a globalizing economy, where companies are<br />
continuing to outsource / offshore <strong>the</strong>ir operations, it becomes increasingly<br />
important to ensure a streamlined exchange of performance-based data<br />
among distributed teams. If possible, partner and supplier performance<br />
information (those affecting an organization’s objectives) should be captured<br />
as well to provide an accurate assessment on financial and operational<br />
impacts.<br />
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