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Management cockpit as a layer of integration for a holistic performance management

  • Management nowadays is confronted by a variety of information originating from either internal or external sources. Thereby, the difficulty to focus on the relevant and company critical keyfigures information increases. In practice, information management is often a major weakness of efficient corporate management. That weakness is caused by the lack of a centralized, categorized and summarized presentation and analysis of strategy and decision-relevant information. Management cockpits, a kind of information center for managers, are an approach to meet the challenges of information management. They are a specific work environment for decision makers to get a quick and simple overview of the company’s economic situation. In the most completely equipped premises, the entire process is supported - from acquiring information, to analysis, decision-making, and communication. Use of management cockpits, a cross-functional, KPI-based and strategyoriented controlling and management process, can be successfully established in companies as well as the work of interdisciplinary management teams, which are supported. In order to provide these possibilities, the management cockpit is equipped with a range of functionalities that allow the structuring, categorization and management-adequate visualization of information along with extensive analysis and simulation options. Management cockpits, as a communication and collaboration platform, are a starting point and valuable process companion on the way to holistic and sustainable performance management.

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Metadaten
Author of HS ReutlingenRoth, Armin
URN:urn:nbn:de:bsz:rt2-opus4-6364
URL:https://faculty.utrgv.edu/louis.falk/qrbd/qrbdpreviousissues.html
ISSN:2334-0169
eISSN:2329-5163
Erschienen in:Quarterly review of business disciplines
Publisher:International Academy of Business Disciplines
Place of publication:Jamaica, New York
Document Type:Journal article
Language:English
Publication year:2015
Tag:corporate performance management; management cockpit; performance measurement
Volume:2
Issue:2
Page Number:11
First Page:165
Last Page:175
DDC classes:330 Wirtschaft
Open access?:Ja
Licence (German):License Logo  Open Access