The year 2011 closed with the news that InfoVista, one of the largest remaining independent performance management vendors, would go through a change of control.  In parallel, contender Watch4net concluded six months of record growth, in many cases competitively displacing existing players such as InfoVista, landing several large enterprise and service provider clients across the globe. While these events certainly evidence the competitive nature of the operations management market, they also speak to a clear evolutionary trend towards a new architecture and strategy for integrating performance management -- the Performance Manager of Managers. This EMA brief examines the events of late 2011 and how Watch4net has positioned its APG solution as a Performance Manager of Managers for the future.