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You might not immediately associate Napoleon Bonaparte with the concept of logistics, but it was his principle, “An army marches on its stomach,” that laid the foundation for the significance of logistics in military operations. This age-old maxim emphasizes that the well-being and provisioning of troops are pivotal to triumph on the battlefield, thus heralding the dawn of logistics as a specialized military discipline.

The adage, “If you can’t measure it, you can’t manage it,” encapsulates the crux of why Business Performance Management (BPM) is a linchpin for contemporary organizations. Broadly speaking, BPM serves as a comprehensive framework that incorporates a gamut of methods, metrics, and specialized software, all meticulously designed to gauge and enhance business performance.

In the relentless quest for growth, companies frequently channel considerable resources into penetrating new markets, expanding their consumer reach, or launching innovative products and services. Yet, another potent avenue for growth often comes in the form of strategic business combinations, a scenario where horizontal integration plays a pivotal role.

Get your daily checklist to become a more savvy, strategic CFO — even if you’re short on time.

Selecting an Enterprise Resource Planning (ERP) system stands as a pivotal juncture in a company’s lifecycle. The decision influences more than just immediate operational efficiencies; it shapes long-term strategic capabilities.