Wizly PRISE© is a Best Practice Methodology which provides organizations with a roadmap to effective Strategy Execution. Wizly PRISE© Methodology integrates Processes, Risks, Initiatives with Strategy to enable Organizations to successfully execute strategy.
Wizly PRISE© enables Organizational Performance Management (OPM), which translates goals into results by providing a comprehensive evaluation across individual employees, as well as teams, programs, processes, and the organization as a whole.
In their endeavor to achieve the Organization’s Vision, organizations follow an array of Management Practices.
Strategy Management based on the Balanced Scorecard methodology.
Performance Management to measure a multitude of performance areas, including Departmental Performance.
Process Management to effectively execute strategy through efficient, strategy aligned processes.
Program and Project Management to successfully deploy Initiatives, Programs, and Projects linked to Strategy.
Risk and Opportunity Management to be better prepared for events, that have a negative or positive effect on Strategy.
Quality Management to strengthen the Organization’s competitive position.
The multitude of Management Practices addressing different organizational areas, along with the growing number of tools, leads to the complex scenario of departmental silos while implementing these Frameworks. In addition, each section or department may invest in multiple tools.
The Wizly PRISE© Methodology, addresses this key challenge of ensuring that not only are these frameworks harmonized, but as well are aligned to the desired Strategy of the Organization.
PRISE© stands for Process & Risk Integrated Strategy Execution.
At the heart of the Wizly PRISE© Methodology, is the ability to map and generate the Organizational DNA. DNA is made up of a chain of base pairs of chromosomes. Wizly identifies and utilizes pairs of information (E.g. Technology related to Processes or Initiatives related to Strategic Objectives) to form the base pairs of Organizational DNA.
As mentioned by Jim Sinur, on the Hot Vendors in Digital Business Platforms, 2017 report from Aragon Consulting, “Enterprises that are looking to plan and model their digital transformations and their use of DBPs (Digital Business Platforms).
There are few planning tools for digital transformation that go beyond spreadsheets and power-point. It’s basically the planning instrument and dials for a business management cockpit working in both prediction and measurement modes.”
The Wizly PRISE product suite is pioneering Technological Convergence of applications with an “Insight First” approach, which aims at providing ready “Contextual Insights” to each stakeholder based on the information available to them.
The solution is an integrated set of modules for BPM, Performance Management, Document & Content Management, Advanced Business Analytics & BI, and provides management insights into data at the Operational, Tactical & Strategic level.
The Wizly PRISE© Product Suite, provides a replicable roadmap to Strategy Execution, which 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.