To achieve their Vision, successful organizations, commit multiple resources towards planning their Strategy, Initiatives and Goals. However, the execution, communication and the continuous improvement of the Strategy proves to be a challenge leading to fragmented execution.
The ability of an organization to respond to Black Swan Events are critical for the survival of organizations in today’s fast paced reality. Black Swan events (such as technology disruptions) deviate beyond normal expectations, are extremely difficult to predict and are typically random and unexpected.
Wizsm Performance enables monitoring of the metrics, processes and systems used by the enterprise and is targeted at its managers and end users, with its simplicity and ease of use, supporting multiple use cases as under.
- Strategy Planning & Alignment
- Strategy Management & Monitoring
- Operational Performance Management
- Project & Initiative Management
- Risk Management & Monitoring
- Governance, Risk & Compliance
- Process Performance Management
From selecting the Vision and Mission, to defining the Corporate Strategy, cascading the strategy to the divisions and departments and ensuring strategy alignment, the Wizsm Performance seamlessly supports the entire process.
Wizsm Performance offers the flexibility to adopt standard management frameworks, such as Balanced Scorecards, EFQM, Risk Management, Business Model Canvas etc. or create and deploy the organization’s own custom Strategy Execution Framework.
Wizsm Performance is based on the PRISE Methodology, a best practice methodology for Strategy Execution. PRISE® integrates Processes, Risks, Initiatives and Strategy to ensure successful Strategy Execution.
Wizsm Performance is part of the Wizsm PRISE® Product Suite, which provides a replicable roadmap to Strategy Execution, and takes us from the “What to the How”. It addresses the pitfalls of having different Management Frameworks run in silos, independent of each other and it provides a holistic view of all management information enabling better decisions.
Effective Strategy Alignment
Cascade Strategy across the Organization
Effective Data Collection & Consolidation
Efficient Management Reporting
Identify Gaps in Strategy Execution
Analyze Cause & Effect
Identify Gaps in Strategy Execution
Enable Your Decisions
Wizsm Performance provides a single screen view of all information required for decisions, supported by advanced insights. Wizsm integrates with transaction, MIS and decision support systems to publish analytical and insightful dashboards.
Wizsm Performance ensures that extensive audit logs are maintained for all changes to the system including actions, comments, changes to performance measures, user browsing habits etc. This ensures built in accountability, traceability, and governance across all system and user operations. Logs can be enabled or disabled as required.