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Closely Align Your Goals, Processes, and People

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PMF provides authors with the ability to easily coordinate and align metrics with the projects and processes that will be initiated to achieve them, as well as the people responsible for carrying them out. Owners can be assigned to each task, cause-and-effect linkages can be set between dependent activities, risks can be described and linked to metrics and grouped into consequences, and more – providing a clear, visual depiction of the core strategies and goals, and how desired results will be achieved. Objectives and related tasks can also be modified on the fly in response to dynamic business conditions.  

Owners and business users adjust weights, thresholds and tolerances of metrics and objective with a graphical user interface without any IT or administrative intervention and in real-time.

Adjust Weights, Thresholds, and Tolerances in Real Time
Authors can easily align metrics, processes, projects, cause/effect linkages, and owners to best represent the goals and strategic themes of the business. In this example, clicking on the Best Practices Theme highlights its aligned goals and objectives.

Align Metrics, Projects, and Owners to Represent Goals and Themes

With our Performance Management Framework, companies can achieve efficient and effective strategy execution by:

  • Directly connecting initiatives and goals to operational metrics and budgets, and defining the critical linkages and dependencies between them
  • Allowing business users to easily adjust settings – such as weights, tolerances, and thresholds – for more precise prioritization as well as enhanced accountability
  • Creating closed-loop performance management processes that allow stakeholders to not only monitor activities, but also update them in real time as well
  • Giving users the ability to drill down from goals and key performance indicators (KPIs) to source transactional data, for a more detailed view of the factors that have the greatest impact on metric results
  • Balancing organizational performance with market, financial, and operational risk by consolidating disparate reporting and business intelligence environments into a unified, structured framework
  • Identifying areas of measurement that represent specific problems or threats as risks and linking them to metrics that display the status of the risks
  • Grouping multiple causative risks as consequences
  • Enabling full compliance with regulatory guidelines by simplifying and accelerating both required and voluntary disclosures
  • Implementing and enforcing broad-reaching performance management governance policies
  • Leveraging prescribed analysis for more pointed, directed discovery of the patterns and trends that influence performance management