Even the best strategic plan is useless if the people who must carry it out don’t know about it, don’t understand it, or spend time and other resources on activities that don’t directly support it. Enterprising companies identify methods to eliminate this “strategy gap.”
Infor PM (Performance Management) Strategic Management software provides the structure to visibly link strategic plans to tasks, budgets, measures, people, and goals for accountable performance. With this corporate performance management solution, businesses identify which strategies and tactics are working and which ones are not, enabling them to adapt actions and resources as needed to successfully turn strategy into action.
Infor PM Strategic Management is flexible, supporting today’s popular planning and measurement methodologies including the Balanced Scorecard, Six Sigma, EVA, Hoshin and others. It is an integral part of Infor’s closed-loop corporate performance management offering, which also includes Business Specific Analytics, as well as applications for planning and budgeting, forecasting, financial consolidation, and financial reporting. This strategic planning solution helps companies like yours strengthen:
Plan Accountability—enable employees to view their individual tasks, goals, and performance measures, and see how their performance impacts corporate success.
Cause/Effect Visibility—assess plans instantly with color-coded measures and graphically depicted cause-and-effect relationships.
Decision Support—create on-demand reports that reveal not only what is happening, but why it is happening.
Resource Alignment—perform analyses to reveal which activities are adding value and which ones are draining resources that could be deployed more effectively elsewhere.
Ventana Research Scorecard 2007: BI and Performance Management
Whitepaper - Addressing Strategy Management and the Balanced Scorecard
Whitepaper - The 1% Solution: How to Drive Your Financial Performance
