Study Of Business Performance Management Of CMCC

Under the downturn pressure of world economic, it's of key important for China's telecommunication operators to monoitor its business performance closely.Like most big companies in China,CMCC already established some of it's business performance indicators in the past, but as a whole they are far beyond the expect of CMCC management. A even more complete and advanced series of business performance indicators is strongly recommended for CMCC.In this document,we'll see some of the advanced business performance monitoring theroies in the world,and introduce one of the them,namely VBM,stands for Value Based Management,to meet the needs of CMCC. Value Based Management is a efficient way to manage a company and believes that company managers should focuses on the persuing of maxium economic value for the company's stock owners,and by this way leading the company to establish appropriate strategies and operating tacts.Based on Value Based Management, a series of indicators called KPIs or Performance Indicators will be built for CMCC,and be projected to the end users in CMCC through IT systems, using advanced technologies like Business Intelligence.It's a worth try for CMCC if what is stated in this document can be put into practice and the least wishes is that those words will be beneficial for CMCC and related companies.