Heading in the same direction? Here’s how
People need to be reminded about the vision and mission of your organization, its values, goals and achievements to date, and the measures put in place to control and monitor everything. It’s also important to convey a sense of “We’re all in this together”.
I’d like to introduce you to an excellent way to ensure everyone is heading in the same direction. Here’s a screenshot from the latest addition to our portfolio: Strategic FP&A.
As you can see, this new solution touches on each key element of your strategy, allowing you to define the value and mission statement, apply goals and objectives together, establish relevant KPIs, and keep track of all your accomplishments with integrated reporting and analysis tools.
One of the biggest steps is to define your goals and sub-goals, in various departmental categories if you wish, adding objectives and clearly detailing your KPIs. It’s easy to follow intuitive prompts; you can decide and adjust your priorities and, of course, add new ones at any time.
Your team will be able to understand complex data, and quickly act on that insight to achieve better results, using the reporting and analytics functions. And they can drill down on consolidated figures by cross-linking and navigating to other information sources. In effect, this becomes merely the tip of the iceberg, below which you can find all the detailed information you need. For example, one of your financial goals might be “Increase EBITDA by 2% per annum over the next 3 years” and, to investigate this, you would link directly to your earnings data.
When you enter your business goals, you can also consider including sustainability goals. It’s easy to ‘like’ your selection of UN Sustainable Development Goals – with one click they’ll become an integral part of your strategic plan, adding alignment, credibility and higher purpose to your organization.
Hopefully you’ll find this solution fits easily into your environment and helps to keep everyone heading in the right direction. If you’d like to know more, please ask for a demo.