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The title of and role definition for the "chief performance officer" originated with the publication of the META Group (now Gartner) research note #AD755 entitled DW Staffing: Part 2--Fresh Hot Roles (July 21, 1999) by Douglas B. Laney.
In this research note, Laney, then heading research and advisory services for the firm's data warehousing and business intelligence practice, defined the role as thus:
"Analogous to the Chief Operations Officer (COO), who is responsible for running the business, the Chief Performance Officer (CPO) is the executor of efforts to analyze the business. Together the COO and CPO coordinate in capturing and leveraging business performance data to affect improvements and innovations in business operations."
He continues:
"In short, the CPO is responsible for the following activities:
Negotiating and establishing business performance metrics, formulae and thresholds at various levels of the enterprise
Assimilating industry benchmarks or other external data against which to gauge business performance
Recommending a set of performance-based actions for the COO to implement
Prioritizing and budgeting enterprise and line-of-business strategic performance initiatives
Reporting strategic performance initiative progress and results (returns) to the executive team
Implementing the components needed to collect, assimilate, analyze, and deliver business performance management data."
Throughout 1999-2004 Mr. Laney also presented at numerous industry conferences on the topic, and consulted to enterprises and government organization globally on the formation of the CPO or similar roles.
Several large corporations such as Yahoo, Wyndham Hotels, City of Chicago and NEC have created CPO positions.[2]
Obama selected Nancy Killefer to be the first CPO/Deputy OMB Director for Management, but before the Senate could vote on her confirmation, she withdrew her nomination, citing a "personal tax issue" as a likely distraction for the Obama administration.[3]Jeffrey Zients was nominated as CPO on April 18, 2009,[4] and confirmed by the Senate on June 19, 2009.