Enterprise Performance Management (Corporate Performance Management)

Strategic execution remains a major challenge for many organisations, with up to 70% of organisations failing to execute strategy successfully. Enterprise Performance management, also known as Corporate Performance Management, is critical in managing and monitoring the execution of strategy, and ensuring that progress is consistently made towards delivering on the organisation's objectives. 

Enterprise Performance management is about achieving strategic objectives. It is about clearly defining and communicating objectives across your organisation; aligning your organisation to meet them; and continuously planning for, monitoring progress of, and analysing exceptions to ensure they are achieved. Developed in the early 1990s the Balanced Scorecard, along with the Strategy Map, is one of the most widely adopted performance management methodologies today.

“However beautiful the strategy, you should occasionally look at the results.” Winston Churchill

Metro tiles come to StratexPoint

There are a number of enhancements coming out in the next release of StratexPoint. Adding a metro tiles is just one enhancement to improve the user experience and enable relevant information to be surfaced to specific users.

The Importance of Effective Strategy Management

Strategy management has rarely been more critical to organisations than today. They must constantly search for ways to grow, creating value for shareholders and clients. To be successful, executives must formulate clear plans with a concise set of objectives; define the risks related to those plans and implement a change agenda to deliver its objectives while operating within its risk appetite.

Our solution, StratexPoint enables executives to more effectively manage their strategy by:

· Developing clarity around the direction and goals of the organisation

· Defining risk appetite in relation to your strategic goals

· Allocate resources to the most important initiatives

· Assess strategic performance and identify areas of improvement

· Automating strategy-related workflows and review processes

· Define ownership and governance for performance and risk using the RACI model

Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat. Sun Tzu