CorStrategy

Tie Performance Metrics and Initiatives to Strategic Objectives

Efficiently executing the strategic plan of a complex modern enterprise is often a challenging task. Aligning day-to-day operational activities with the strategic objectives can be even harder.

There are a multitude of management frameworks that are frequently used to improve such performance – including Balanced Scorecard, Six Sigma and a variety of quality management methodologies. In reality, many organizations utilize adaptations of one or more of these methods.

The challenge however is to manage this information within a scalable business application that can be readily adapted to the evolving management frameworks of each specific organization.

CorVu’s widely acclaimed CorStrategy solution is highly functional and highly scalable in automating methodologies such as the Balanced Scorecard, Six Sigma, etc. CorStrategy’s comprehensive list of features includes interactive scorecards, strategy maps, strategy focused dashboards, automated workflows to gather performance data, pre-built reports and views, along with cause-and-effect modeling and forecasting of performance outcomes (lagging indicators such as the P&L) based on performance drivers (leading indicators).

Most importantly, CorStrategy ties performance metrics and initiatives to strategic objectives, so that performance can be measured, accountabilities monitored, workflows automated, communications encouraged and informed decisions made. CorStrategy helps to manage performance, not just measure it.

Why Choose CorStrategy?

CorStrategy will enable you to:

  • Communicate the business plan to those who are responsible for executing it
  • Link key performance indicators and key initiatives to strategic objectives
  • Align employee behavior to strategy execution and provide a clear line of sight from their daily activities to the organizational strategy
  • Eliminate projects and redirect resources where initiatives are not aligned with strategic objectives
  • Manage key drivers of business performance with personalized dashboards, scorecards, briefing books and interactive business analysis
  • Enforce corporate governance through an automated performance management process that provides visibility, control, and accountability