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Saturday, 26 July 2008
 
 

History of Corporate Performance Management

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History of Corporate Performance Management

It was not possible for businesses to properly collect and analyze data before the 20th century. In 1970, decision support systems were introduced in business. Decision support systems can analyze one department at a time. In 1980, executive information systems were introduced. The executive information system can effectively summarize ongoing transaction within an organization. By 1990, business intelligence improved with the introduction of computer technologies. Customer relationship management also improved. Advanced management techniques combined with new technology improved the planning, reporting and analysis in business. These new developments gave rise to an integrated methodology known as corporate performance management. Corporate business management is a holistic approach in strategic planning.
Read more at: http://ezinearticles.com/?History-of-Corporate-Performance-Management&id=352957.
 
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