BNET Business Dictionary

Business Definition for: Performance Prism

  • a framework for measuring company performance which takes account of the two-way relationships between an organization and all its stakeholders. The performance prism was developed by researchers from the Centre for Business Performance at Cranfield School of Management in England and Accenture. The model takes a similar approach to the balanced scorecard in that nonfinancial measures of performance are analyzed, but it takes account of a wider range of stakeholders including investors, customers, employees, suppliers, regulators, and communities. The factors to be analyzed are represented as the five faces of a prism: stakeholder wants and stakeholder contribution at the ends, and strategies, processes, and capabilities as the three internal facets.

Additional Resources

Using The Performance Prism To Boost The Success Of Mergers & Acquisitions
It is important to track all the elements of post merger integration at the appropriate level. Comprehensiveness is also important in merger situations where integration of two businesses often involves complex trade-offs and specific interdependencies. The Performance Prism framework induces managers to think and pay attention to all the key...
Tags: Merger, Performance, M&A, Comprehensiveness, Performance Prism Framework, Mergers & Acquisitions, Performance Management, Investment, Finance, Human Resources, Workforce Management
White papers 2003-01-01
Performance Management Software Applications
Performance scorecards such as the Balanced Scorecard and the Performance Prism are increasingly popular. Various research suggests that over half of companies have business scorecards in place and many more are considering to adopt one. Implementing an organisation-wide scorecard requires IT systems that support integrating data from disparate sources, enable...
Tags: Performance, ITNetwork365, Performance Management, Business Intelligence, Human Resources, Workforce Management, Enterprise Software, Software, Data Management
White papers
Effective Performance Management With The Balanced Scorecard
To manage and deploy organisational resources in such a way as to deliver and fulfil organisational objectives is a vital role of senior finance and management professionals. Many tools, techniques and frameworks have evolved to assist managers in this: value-based management, total quality management, the performance prism, and more. This...
Tags: Performance, Tool, CIMA, Balanced Scorecard, Performance Management, Productivity, Marketing, Marketing Research, Human Resources, Workforce Management
White papers 2005-07-01
Modular logic analyzer offers emulator-level microprocessor control. (Tektronix Prism 3000)
Modular logic analyzer offers emulator-level [mu]P control The Prism 3000 Series logic analyzer tightly integrates emulator-like [mu]P control with state, timing, and real-time performance analysis. It takes a modular approach to the development and Modular logic analyzer offers emulator-level [mu]P control The Prism 3000...
Tags: microprocessor, Tektronix Inc.
Research articles 1989-09-21
Progress Energy Leverages InStep's PRiSM Online Condition Monitoring Software
Wireless News 02-10-2008 Progress Energy Leverages InStep's PRiSM Online Condition Monitoring Software WIRELESS NEWS-February 10, 2008-Progress Energy Leverages InStep's PRiSM Online Condition Monitoring Software C2008 10Meters - http://www.10meters.com InStep Software, a provider of real-time software systems and solutions, announced that...
Tags: Instep Software LLC
Research articles 2008-02-10
Applied Biosystems Announces Launch of ABI PRISM 3100-Avant Genetic Analyzer
Business Editors/Health & Medical Writers BIOWIRE2K FOSTER CITY, Calif.--BW HealthWire--March 4, 2002 Applied Biosystems Group (NYSE:ABI), an Applera Corporation business, today announced the launch of the ABI PRISMR 3100-Avant Genetic Analyzer, another addition to the Applied Biosystems pioneering family of genetic analysis systems. The new system is...
Tags: Applied Biosystems Group, Celera Genomics Group
Research articles 2002-03-04
Automate Your Strategy - Using Software to Map It
So many times in organisations the wrong problems are being addressed whilst the real problem remains unchallenged. Such mistakes can be very costly and at times can take down an entire business. However, strategies are often complex and rarely do employees clearly understand the strategic objectives and how they can...
Tags: ITNetwork365, Balanced Scorecard, Business Intelligence, Strategy, Marketing, Marketing Research, Enterprise Software, Software, Data Management, Management
White papers
RoadChef rolls out Torex Retail EPoS solution to drive retail performance.
M2 PRESSWIRE-7 September 2005-Torex Retail: RoadChef rolls out Torex Retail EPoS solution to drive retail performanceC1994-2005 M2 COMMUNICATIONS LTD RDATE:07092005 RoadChef has implemented an integrated EPoS and back-office system across six of its key motorway service areas as part of an...
Tags: Iridium, Prism, Torex Retail Plc.
Research articles 2005-09-07
The Performance Prism
The balanced scorecard, with its four perspectives, focuses on financials shareholders, customers, internal processes, plus innovation and learning. In doing so it downplays the importance of other stakeholders, such as suppliers and employees. The business excellence model combines results, which are readily measurable, with enablers, some of which are not....
Tags: Shareholder, Performance, Internet, Balanced Scorecard, Financial Accounting, Marketing, Marketing Research, Finance
White papers 2002-03-20
The New Spectrum: How the Performance Prism Framework Helps
High-profile corporate collapses have led shareholders to question whether their investments are in safe hands. Are executives ensuring their companies deliver sustainable success? The knee-jerk focus on corporate governance reforms may be the wrong approach to this question. Increasingly, executive opinion believes that the only sustainable way for an enterprise...
Tags: Performance, Penton Media Inc., Spectrum, Corporate Governance, Corporate Law, Financial Accounting, Channel Management, Regulations, Business Operations, Finance, Marketing, Government
White papers 2003-11-01
SGI offers Linux for visualization.(Emerging Technologies)(Brief Article)
The Linux operating systems helps Silicon Graphics' Prism open a new level of visualization performance for a wide variety of industrial and scientific tasks. Intel's Itanium 2 processors are part of the architecture. The Linux operating systems helps Silicon Graphics' Prism open a...
Tags: Intel Itanium 2, Linux, Silicon Graphics Inc.
Research articles 2004-11-01
Intersil's PRISM 3 Chip Set Enables SyChip's Secure Digital WLAN Card; PRISM 3 Chip Set Reduces Size and Cost, Offers High Performance for New SD Form Factor Card
Business & High-Tech Editors
Tags: high-performance, Intersil, SD card, WLAN
Research articles 2002-07-09
Intersil Ramps Wireless LAN Baseband Processor - Brief Article - Product Announcement
INTERSIL CORP., A DEVELOPER of wireless LAN WLAN technology, announced that its baseband processor is now in full production. The HFA3863 joins Intersil's PRISM II WLAN portfolio of wireless networking products. Intersil says its baseband processor has new performance features and multipath tolerance. The HFA3863 BBP is part of the...
Tags: Intersil, wireless, WLAN
Research articles 2000-09-25
Fitch Ratings Affirms Guardian's 'AA+' IFS Ratings; Outlook Stable
NEW YORK -- Fitch Ratings has affirmed the insurer financial strength IFS ratings of Guardian Life Insurance Company of America and its wholly owned subsidiary, Guardian Insurance & Annuity Company, Inc. collectively referred to as Guardian. The Rating Outlook is Stable. Guardian's ratings reflect exceptional risk-adjusted capital strength based...
Tags: FINANCE, Fitch, Guardian Life Insurance Co.
Research articles 2008-07-31
Progress Energy Taps Monitoring System from InStep Software
ENERGY RESOURCE-7 February 2008-Progress Energy Taps Monitoring System from InStep SoftwareC2008 JeraOne - http://www.jeraone.com InStep Software, a provider of real-time software systems and solutions, today announced that Progress Energy has implemented its PRiSM software to support Progress Energy's Centralized Performance Monitoring initiative. InStep's PRiSM technology monitors Progress Energy's...
Tags: Instep Software LLC
Research articles 2008-02-07
Forza Motorsport 3: Microsoft's latest offers 100 tracks, 400 cars, 300,000 polygons :
Even if you were an international billionaire playboy car collector (and, this being AutoWeek, some of you are), you probably would not own more than 100 or 200 cars. If you could own a racetrack, you probably could not afford more than one. You could not jet around the world...
Tags: game, Car
News items 2009-10-29
HENKEL INTRODUCES NEXT GENERATION CYANOACRYLATE TECHNOLOGY
Henkel Corporation has introduced next generation surface insensitive cyanoacrylate technology that delivers faster fixture and cure speeds and maintains product performance over the adhesive's shelf life. For the end user, this consistent performance eliminates the need to readjust manufacturing processes to compensate for age-related changes. Loctite® Prism® 4500 Series next...
Tags: Loctite
Research articles 2004-11-01
Intersil Offers PRISM Reference Design for Home Wireless Gateways and Small Office Access Points; Complete Solution for Small, Low-Cost, High-Performance Wireless Hubs
Business Editors/High-Tech Writers
Tags: high-performance, Intersil, small office, wireless
Research articles 2000-11-10
Integrated Systems supports new Motorola embedded microprocessor;pSOSystem with MPC821 PowerQUICC Provides Ideal Solutions for Wireless Communications
SANTA CLARA, Calif.--BUSINESS WIRE--July 25, 1995--Integrated Systems, Inc. today announced operating system support for the new Motorola MPC821 PowerQUICCTM embedded microprocessor. The industry leading pSOSystemR Product Family, including the pSOS+ embedded real-time operating system and the pRISMTM integrated development environment, will provide developers with the best possible solution...
Tags: Motorola Inc., wireless, wireless communication
Research articles 1995-07-25
Intersil Enters the 802.11a WLAN Arena with the Industry's Best Performance and Lowest Bill of Materials; PRISM Indigo Enters the 5 GHz Fray With a Total BOM of Less Than $35
Business Editors
Tags: Intersil, IEEE 802.11, WLAN, performance
Research articles 2002-09-18
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