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Business Analytics Roadmap
So you are convinced of the added value Performance Management can bring to your organization ?
That is an excellent starting point. However, introducing, implementing and fully leveraging a Performance Management solution is not an easy feat. Software vendors will have you believe that it is sufficient to go out and buy their software and that all the expected benefits will follow automatically. That, obviously, is oversimplifying things. Yes, technology and software are important components, but not every software will be suited for every situation.
That is why we recommend for all of our customers to start any Performance Management initiative with a Roadmap exercise. During this project, one of element61’s senior consultants will work tightly with Business and ICT departments in order to fully comprehend the Performance Management requirements, as well as the current technology landscape.
Using a proven methodology and set of checklists, part of our methodology elementaryTM, we will make a detailed analysis of all functional and non-functional requirements. These requirements will be the main driver for mapping out the TO-BE situation. In the design of the TO-BE situation, we will not only focus on technology. In our vision successful Performance Management & Business Intelligence consists of a well-balanced combination of information, systems and processes/people. Each of these components will be worked out during the Performance Management & Business Intelligence Roadmap.
Next to describing the TO-BE situation, we will also – keeping into account : priorities, timing and budget restrictions – propose a step-by-step approach on how to achieve the final objectives. This incremental approach will focus on delivering quick return-on-investment and will keep in mind all change management challenges that Performance Management initiatives sometimes have to deal with.
The Roadmap will provide estimates on required investment in hardware, software, external support and internal resources that will lead to the desired outcomes. This will enable the customer to build a solid Business Case for Performance Management and calculate the expected ROI of the entire program.
Carrying out a Performance Management Roadmap takes anywhere between 3 and 20 days, depending on the scope, complexity of the organization, existing Performance Management applications and depth of the expected deliverables, and is usually executed in a 2-4 week period. Next to executing and delivering a Performance Management & Business Intelligence Roadmap, element61 can also assist in presenting the Roadmap and Business Case at board level in order to help convince senior management of the need for a Performance Management initiative and program.
Contact Us for more information or with your specific request !