In today’s rapidly-changing environment, it is not sufficient to simply develop a strategic plan and hope for the best. What is needed is a dynamic approach to strategic management that is understood by all stakeholders, and that has the flexibility to change as needed. GMI’s solution enables you to clearly link Strategy, Planning, Budgeting, and Ongoing Monitoring to help ensure that stakeholders remain on track to deliver sustained results, both from an enterprise-wide perspective and at the level of individual units.
Our solution is designed to help ensure that stakeholders at various levels clearly understand their organization’s strategy, how to monitor results using practical metrics, how to ensure that their resources are allocated appropriately, and how to take corrective actions when needed. In essence, our solution fills the gap between strategy development and budgeting, via support for “top down/bottom up” planning activities at both the enterprise and unit levels. The following easily-tailored capabilities are included:
The vast majority of business strategies are not clearly understood by the key stakeholders (including specifics regarding exactly what it means for them), and the linkages across strategies and resource allocation decisions are fuzzy at best. GMI’s world-class Strategic Alignment process was initially developed over a decade ago, has been iteratively refined over the years, and is now supported by our WorkItem.com® toolkit. There is no better way in which to ensure appropriate strategic alignment.