Meaning ● Corporate Performance Management (CPM) for SMBs represents a suite of processes, methodologies, and metrics employed to monitor and manage an organization’s performance against strategic goals, especially concerning growth objectives. CPM in the SMB context is not merely about tracking financial metrics; it’s about understanding how various business units and processes contribute to the overall strategic direction. Specifically, implementing CPM enables smaller businesses to make data-driven decisions, optimize resource allocation, and automate reporting functions for improved efficiency.
