Our Experience

Sky Solution has the requisite technical and architectural expertise, business/domain expertise, disciplined program management experience and a track record of developing successful strategic roadmaps for large performance management / business intelligence initiative.

Why Performance Management & Risk Management

1. Demand from Business & Management

   - Enable execution of the business strategy

   - Focus on business performance

   - Broaden use of management methodologies

   – Balance Scorecard

   – Six Sigma

2. Demand from Compliance & Regulations
   - Compliance: SoX, Basel II, AML
3. Performance Management & Risk Management
   - Guaranteed business value with controlled business risk

Some of the main challenges organizations are facing today in implementing successful Performance Management solutions are:

• Often too many metrics causing unnecessary overhead and ineffective management
• Existing metrics are not well aligned with organization’s strategic goals
• Metrics must traverse the organization’s value chain crossing divisional and functional group boundaries
• Maturing the existing Business Intelligence solution into Performance Management solution
• Proliferation of analytical silos makes it difficult to observe and manage performance company-wide

SkyWay Strategic Performance Management Maps

Sky Solutions has developed and successfully implemented a methodology for developing Strategy Maps with guaranteed business value.

The building blocks of our methodology are:

• Business Strategy Maps Alignment of goals with strategies, tactics, initiatives and KPIs
• Business Opportunity Choice Board Identify the cost / complexity of implementation and the business value for group of KPIs
• Strategic Implementation Roadmap Ensure tactical steps will be taken within overall strategy

 

Our approach is to use a discovery technique within several multi-day sessions to identify the business needs and align them with the business strategy and across divisional and functional boundaries. Getting commitment and ownership from business is key for the success of this initiative.

Typical Deliverables

• KPIs list and strategy maps for the alignment of KPIs with business strategy
• Preliminary KPIs definitions and classifications
• GAP Analysis

  o Business Processes gaps

  o Management Processes gaps

  o Source Data gaps

• Business Value for each set of KPIs
• Business opportunities Choice Board
• Strategic implementation Roadmap
• Solution Architecture Blueprint
• Infrastructure Planning
• High Level Project Plan

Benefits

Following our methodology for developing Strategy Maps will benefit your organization in several ways, some of which include:

• Guaranteed high Business Value
• Alignment with strategic objectives
• Alignment of deliverables with business value
• Drive organizational alignment across all levels
• Ensure tactical steps will be taken within overall strategy
• Promote ownership and accountability
• Identification of the GAPs: business process, management and dataRisk avoidance