Enabling Management Insights
Wizsm delivers solutions which provides multiple perspectives and enables timely decisions.
Multiple Use Cases provides faster ROI.
Wizsm Strategy Management Solution
The Wizsm Strategy Management Reporting Solution is built on Wizsm Performance and Wizsm Visivo and replaces manual strategy reporting on PowerPoint and Excel. Data can be entered manually using data entry workflows with multiple levels of approval, or integrated using Wizsm Integrator.
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 Strategy Execution Solution seamlessly supports the entire process.
The solution offers 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.
The Wizsm Strategy Management Solution encompasses the complete cycle of Strategy Management.
Only 15% of organizations regularly compare business results with the performance forecast in its strategic plans.
Harvard Business Review, “Companies realize only 40-to-60 percent of their strategies’ potential value.”
SUCCESSFULLY EXECUTE YOUR STRATEGY
Less than 15% of companies make it a regular practice to go back and compare the business’s results with the performance forecast for each unit in its prior years’ strategic plans (HBR).
This may help explain why so many companies seem to pour good money after bad, continuing to fund losing strategies rather than searching for new and better options.
High-performing companies track performance results against plan, using continuous feedback and colloboration, to reset planning assumptions and reallocate resources. This allows management to spot and remedy flaws in the plan and shortfalls in execution.
Priorities are translated into action items with clearly defined accountabilities, timetables, and key performance indicators (KPIs).