Execute Strategy > Align
Align business processes & units
Align all of your business units and processes within one performance management portal. Whether you are looking to manage your risks and opportunities, or the human or financial resources necessary to drive your performance, Corporater offers a holistic environment for alignment.
Our fully flexible approach enables you to work the way you manage by easily combining elements - track the financial resources and risk factors associated with your projects, for example. Provide users and managers with a comprehensive view of performance.
Organizational alignment
- Align corporate, business units, support units, external partners, and boards with strategy.
- Integrate strategy into the planning, budgeting, management reviews, and reporting processes.
Create synergies between business units:
Financial Control
Manage and monitor the financial resources necessary to reach your targets.
Transform your budgeting process into strategic resource allocation. Take financial planning process to a higher level.
- Map allocation of financial resources to strategy execution
- Monitor and manage allocation of financial resources
- Follow up and analyze financial resource allocation
- Monitor strategic expenditures
- Communicate rationale and policies behind forecasts and plans
- Support driver-based planning and rolling forecasts
Risk
Capture and communicate risks - and opportunities.
Meet the increasing need to identify and monitor risk-and align risk management with overall business strategy. Tune your risk acceptance levels to minimize risk while still promoting performance and capitalizing on opportunities. Add corrective action plans, and easily visualize and report results.
Identify and assess risk exposure- assess and categorize the impact of your risks- as probability and potential consequences.
- Monitor risk
- Set thresholds for acceptable risks and monitor for changes in status.
- Manage risk - create risk reports, and share corrective actions across your organization.
- Manage and track costs and benefits of treating risks.
- Opportunity
- Identify and assess opportunities
- Monitor and manage opportunities
- Manage opportunities
Operations
Create an operational view of your organization by creating dashboard views of key performance areas. Close gaps between your actual and target performance through initiative planning or corrective actions. Identify best practices and share performance information through benchmarking.
- Monitor and measure operations
- Locate root causes of performance problems
- Identify and share best practices
- Continually improve operations
- Benchmark performance
- Communicate and report results across your organization
Projects
Track the progress, set priorities, and manage your on-going strategic initiative portfolio. Create and define projects using wizards, and assign sub-tasks to individual users.
- Define, manage, and monitor tasks, milestones, and projects
- Link necessary resources to projects
- Monitor budget and resource utilization
- Analyze efficiency and quality of projects
- Monitor project risk factors
Processes
Add a strategic context to your process improvement program, whether it is LEAN,
Six Sigma, TQM, or any other process-focused initiative. Highlight the process improvement initiatives that provide the greatest impact on your success.
- Define critical processes
- Monitor activities and measure processes (status lights, progress meters)
- Create and visualize cause and effect linkages
- Improve processes
- Link to risk assessment and financial tracking tools
- Communicate and report results across your organization
Quality
Model your quality initiatives within Corporater EPM Suite-- whether it follows EFQM, BEM, or any other quality frameworks. Align quality improvement processes with your overall strategy.
- Define critical quality measures
- Monitor and follow up quality issues
- Model continuous/continual quality improvement programs
- Communicate and report results across your organization
Human Resources and Capital
Employee review process
Employees are the key to executing strategy. Maintain the strategic focus of your workforce by linking individual performance to overall strategy. Manage the human resources necessary to achieve your targets.
Develop employee competencies, skills, and knowledge necessary to enable them to make improvements in the processes that create value for your organization. Align employee goals, training, and incentives with your business strategy. Create individual scorecards to manage employee performance and monitor progress of individual development plans. Easily track progress in meeting goals and milestones.
- Align personal goals with strategy
- Link incentive compensation to targeted scorecard measures
- Develop competencies
- Build-in accountability
- Feedback and evaluation of individual performance
- Manage human capital and assets