Digital Strategies Management
Published on 13 Mar 2017
The main challenge that organisations in private sectors or Government entities face, is how to convert or translate their short, mid or long-term strategies into an executable plan that can be measured, assessed and tracked.
Most organisations still develop their strategy document with the assistance or support off external consultants, which enable them to fulfil the first step towards a unified and aligned organisation strategy. This is good step, but then what?
- What is the next step and whose task is it to ensure the organisation initiatives are aligned to their strategy?
- How do we know that current or future projects will align and support the execution of this strategy?
- How do we assess the upcoming initiatives / projects and ensure they meet the defined KPI, and how will we assess and track the business benefits a year or two later?
- How do we ensure that the entire organisation is up to date with the senior-level strategy changes, which were made due to the global economic climate? How do we ensure that the organisation quickly aligns and acts on changes?
The strategy document continues to remain a great theory
However, the execution of this strategy remains a theory on paper, unless we change the approach entirely by bridging the gaps.
LeadVision has developed a new approach and methodology to answer all of the above concerns.
This new framework has been integrated into our latest iSMS Platform in order to provide a pragmatic mechanism with clear matrix, criteria, weighting, score and KPI parameters. This will enable any organisation to manage and track their strategies and ensure that it can be converted into executable plans, with the ability to track and measure the business benefits realization.
Having a digitalized framework will enable any changes to the strategic plan to be quickly interpreted and cascaded down to the executable plan. This will ensure everyone in the organisation maintains alignment to the strategic goals to achieve optimum outcome.