Operational Performance Management
The Wizly Operational Performance Management Solution ensures the alignment of the various business units within a company to the Organizational Strategy. This entails definition of the operational performance objectives as well as monitoring and reporting on the same on a regular, as well as exception basis.
The Wizly Operational Performance Management solution is based on the PRISE© Methodology, a best practice methodology for Strategy Execution. PRISE© integrates Processes, Risks, Initiatives and Strategy to ensure successful Strategy Execution.
The methodology provides a replicable roadmap to Strategy Execution, and takes us from the “What to the How”. It addresses the pitfalls of having different Management Frameworks run in silos, independent of each other and it provides a holistic view of all management information enabling better decisions.
The Wizly Operational Performance Management Solution improves and automates the operational process of Performance Management Teams.
The Wizly Operational Performance Management Solution enables goals to be set for each operational unit and ensures that these goals are aligned to the organizational goals using the contextual Organizational DNA Insights.
The Wizly Operational Performance Management Solution ensures that there is a centralized and automated calculation methodology of the desired metrics, centralization of the performance attributes in a Measures Library and integration with required source systems for upload of source data for the KPI calculation.
Most operational performance reporting for management meetings is carried out by collating information from existing systems into Excel and then preparing the reporting using PowerPoint. This method faces challenges such as the time taken to collate and validate data, and to prepare the reports. In addition, the inherent challenge of human error is always present in this method.
The Wizly Operational Performance Management Solution ensures decentralized data collection, data import from source systems, data approval via workflows, upload of evidence for performance measures and automated reporting.
Exceptions and Action Tracking
The Wizly Operational Performance Management Solution ensures that exceptions across the operations are highlighted in a single report for management action. Once management decisions have been taken, and action plans assigned to improve these measures, these action plans are assigned and tracked using Wizly.
The Wizly Operational Performance Management Solution facilitates collaboration using in built chat, which enables better communication around the performance measures, as well as tracking the history of all changes and collaboration.
» Define the Performance Framework
» Decentralize data collection for reporting
» Approve reported data using workflows
» Automate report generation
» Manage performance exceptions
» Collaborate and improve performance