What do mean by business performance management

What do mean by business performance management

Business performance management is a wide concept, but it is best used to analyze specific goals and assist a company in reducing operating expenses while increasing income. Many organizations begin business process improvement with a continuous improvement model. A continuous process improvement model attempts to understand and measure the current process and make performance improvements accordingly. With an ongoing BPM process in action, managers, business owners, and management teams can learn more about their customers and staff. This strategy doesn’t just look at the financial aspects of a company; it also takes into account employee and customer satisfaction.
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