Catchy New Phrases?

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From the Blogosphere

Catchy New Phrases?

June 26, 2007 4:17 PM
From Blog: Craig Schiff

In talking with vendors recently some new phrases were used that I found intriguing. There are many phrases that I hear again and again in the business performance management world. These include things like: 'one version of the truth', 'profitability optimization', 'unified platform', and other equally boring stuff. It's refreshing to hear something new once in a while. I don't know if these two will catch on, but I like the concepts behind the words. The first one is 'BPM Squared'. This is based on the fact that BPM stands for both business performance management and business process management. The company using this term, Inforsense, is basically saying that their solutions bring business performance type analytics to everyday business processes throughout the organization. The other term is 'difference-maker'. In BPM we often talk about giving every decision-maker the information they need to make the right choices. Microsoft, in using this term when talking about PerformancePoint, is essentially saying there is a broader group of workers that have an impact on the business that should be included in the solution. This goes along with their 'pervasive BI' message. I doubt that these phrases are trademarked so feel free to use them and make them part of the language we use to discuss BI and BPM.

[ Read the entire post at Blog: Craig Schiff ]