Define Clear Business Goals and Metrics to Measure and Demonstrate the Business Value of Strategy Execution
In many organizations the value contributed by the execution of the work is measured in a minimal or non-existent way. This is partly because business objectives are not clearly described, making it difficult to analyze the impact on the business.
As a result of this disconnect, it is difficult to align resource activity with goals and create the metrics that allow the organization to know that they are on track to achieve each goal.
According to Gartner, “executive leaders should align their strategic initiatives to overall business goals and capture traceable metrics to demonstrate the value delivered.”
“This research helps executive leaders define business goals for their organizations by breaking down goals into refined impacts to the business process through activities. It also supports the easier development of metrics that show the business impact and the value of accomplishing the business case.”
Gartner, Define Clear Business Goals and Metrics to Measure and Demonstrate the Business Value of Strategy Execution, Lars Mieritz, July 2021.
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Triskell is a true Enterprise solution focused on Strategy Execution Management with advanced Project Portfolio Management features, helping to fill the gap between planning and proper execution. Triskell allows companies to plan, prioritize, manage and monitor their organization's initiatives. It includes tools for demand management, capacity management, project portfolio management, application portfolio management, resource management, financial management, waterfall and agile project management, and IT service portfolio management.