|
Yes-Business Intelligence is a platform and processes which provide actionable information and business performance management is business management concept which uses BI as one of the enablers.
Business intelligence is a method by which actionable information is generated. Business Performance Management (which is termed as Strategic Performance Management in our knowledge base) provides both the inputs as well as the beneficiary of the BI platforms.
Business Performance Management provides inputs to a BI initiative in terms of:
- Stating the business themes (refer strategy blueprint)
- Stating the standards and benchmarks (business plan)
- KPIs, and Measures..
- Information Requirements for associated analysis behind the dashboards and scorecards. For example the kind of analysis that you would like to do if a given KPI is above or below expectations.
Business Performance is also a beneficiary of a BI platform
Through end-user tools like performance management suits and performance reporting tools, one can do reporting, analysis, predictions related to the performance management. |
