Do you work with strategy?
In large companies with many strategic initiatives ongoing, it is not always easy to get an overview of which initiatives are linked to the overall strategy. Many may know that there is a lot of work going on around aspects of the strategy, but they had no system that connected the different initiatives together, and it was hard to gain insight into what others did. There is a need to bring all the initiatives together under a simple strategic plan and follow the progression of each individual initiative.
Strategy follow-up structured
Strategy Orchestrator makes it easy to gather all goals, KPIs and projects all under one system. The system allows you to see who owns the initiatives, who is responsible and who performs. At the same time, they can follow the status of each individual initiative.
Many large companies invest a lot of resources and time in developing a strategy. When the strategy has been laid out, and further cascaded to the organization to implement, many don’t see changes.
Many underestimate the strategy implementation phase. Among managers and project owners, there are different ways to implement the strategy and different ways to follow up the initiatives, depending on who is responsible for the initiatives. It complicates even more if the projects are dependent on each other to succeed.
Many projects work in silos, there is a lack of alignment, and communication across the projects is poor. There are unclarity who own and manage the projects, and it is difficult to get an overview of the status of all the initiatives and in which phase they are in.
The common denominator for many who follow up the strategic initiatives is that they do this in powerpoint, excel or word document, and keep each other updated in different meetings. Not everyone is invited to the meetings and sometimes it is difficult to stay up to date in a jungle full of files and attachments. When the information is missing and the alignment is lacking, this will create chaos in the implementation phase.
Strategy Orchestrator is designed to solve these problems. In the system, everyone can see the overall strategy, e.g. visualize in a strategy map or a strategy house, adapted to what the company prefers. The system shows who is responsible for the strategic initiatives, who is the project owner and project manager for the projects, if you might want to get in touch with the different stakeholders. Everyone can follow the status of all the initiatives.
The system also provides risk assessment on the projects. This will help the steering committee, project owner or project manager to see where it is worth paying extra attention.
You are not alone. In complex organizations, where there are many ongoing initiatives, the need has been for many companies to gather these initiatives in one place, so that project owners, steering groups, team members and not least employees in the organization can have an overview of all projects. This is especially important for projects that depend on each other to get the deliveries.
The solution created in Strategy Orchestrator makes it easier to get an overview of all the projects, and easy to follow the progression on different projects across the organization. It is possible to read comments on what has happened in the project on the different phases, and see the latest status of the project. By following everything from a system, project owners and project managers, as well as the teams, save a lot of time on meetings and reporting. Strategy Orchestrator builds down the silos and makes collaboration easier.
Employees who work with strategy often save their work in powerpoint, excel or word. The document often contains goals, KPIs and project initiatives. From time to time there is a need to update the strategy, goals and projects. The problems arise when there is a need to make changes in the documents. Many save the document in a different version, and not all people are notified with the new changes. This can create unnecessary time and misunderstandings, which in turn leads to unnecessary frustrations among colleagues.
InXight's strategy platform solves this problem. In the platform, everyone can update their strategies and goals along the way, and you can easily log in and find the latest updated version, in a clear dashboard that gathers all the strategies in one place.
Often the department's goals are stored in each department. In large organizations, it is difficult to keep track of whether the goals of each department are coordinated and understood by other departments, especially departments that work closely with each other, e.g. marketing department and communication department or research department and innovation department. These departments sometimes need to align on goals and directions they are working towards, the different initiatives they have and whether they are moving in the same direction.
In InXight’s strategy platform, Strategy Orchestrator, all departments can add their goals in one system. Visual dashboard in the platform makes it easy to view goals and project initiatives for each department. In situations where different departments need to align, coordinate, and discuss the different initiatives, the system is an excellent tool to use. During the meetings, everyone can see the same picture. The meetings will be more efficient and you will save time on preparing presentations or creating status documents before the meeting.