24 may 2011
Management Performance Improvement Methods for Energy Sector companies discussed by GMCS and IBM at the practical workshop
The practical workshop "Management Performance Improvement Methods for Energy Sector Companies: Planning, Control and Analysis" was held by GMCS and IBM on March 24, 2011 in Moscow.

Representatives of energy companies discussed relevant issues of the management performance improvement and acquainted themselves with the options in the field of budgeting, control and analysis implemented based on the IBM Cognos solutions.

In the context of the workshop, the GMCS and IBM experts told about the organization of business planning systems based on the IBM Cognos solutions as well as about the systems for collection and analysis of reporting for the internal purposes of geographically dispersed energy holdings and external regulatory authorities. Specifically, the workshop participants learned how the IBM Cognos tools can help more effectively manage investments, procurement, tariff setting, technical maintenance and repairs of equipment.

By the example of the projects implemented at OGK-4 and IDGC Holding, the workshop participants acquainted themselves with the practical solution of the tasks of efficiency improvement of the planning, analysis and control processes.
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