Simply put, strategic planning determines where an organisation is going over the next year or more, how it's going to get there and how it'll know if it got there or not. The focus of a strategic plan is usually on the entire organisation, while the focus of a business plan is usually on a particular product, service or program.
The Opal Wave Housing Performance Management solution , not only enables Housing Associations to create a strategy, but also provides the tools and best practices to help to create this strategy.
By working with the board, top management and key business units, we are able to build a forward looking, open and strategy focused entity.
Our consultants are experienced in:
- Clarifying and translating the vision and strategy into objectives.
- Communicating and linking the strategic objectives and initiatives to rewards and performance.
- Planning and target setting with strategic alignment.
- Building a strategic feedback for continuous change and alignment.
- Implementing a core process and tools to make it functional as a continued process.
- Balanced Score Card, Value Based Management, Activity based management etc are some of our key focus within this area.
The Opal Wave Strategy Management application, based on SAP BusinessObjects Strategy Management (SAP SSM), empowers users at all levels to rapidly align resources to execute on strategies, understand risk, and drive effectiveness. By clearly linking strategic plans to initiatives, performance measures, and people, allowing the setting of clear priorities that employees can act on with confidence and purpose.
With the Opal Wave Strategy Management application, all stakeholders can be provided with an adaptable, long-term solution for visualising, collaborating on, and managing performance for greater control – while maximising efficiency, effectiveness and enabling best use of resources.
Opal Wave Strategy Management application can enable you to do the following:
Support risk-adjusted performance – Align execution with strategy and improve performance by connecting goals, initiatives, and metrics with embedded risk intelligence.
Prioritise and communicate key initiatives – Focus on the initiatives that will have the greatest impact and allocate resources appropriately.
Gain clear visibility and accountability across the organisation – Ensure individuals understand how they can impact strategic goals and other departments; drive accountability and manage exceptions.
Effectively monitor, measure, manage, and collaborate on strategy – Show how an organisation is performing towards its strategic goals, quickly assess strategic performance, and execute on areas that require action.