Strategy
With the implementation of Strategic goals in MindKey, the strategy becomes anchored with all levels of the organization and a well balanced consistency is formed between short term employee targets and strategic goals at an organizational, departmental- and functional level. The MindKey solution is ideal for anchoring strategic decisions in the organization, creating a sense of ownership at all levels and providing added perspective and progress to Target Management.
Strategic goals are implemented initially, followed by the reporting structure of your choice. Reporting can be hierarchical and built manually or it can be direct, based on the organizational structure or an informal matrix structure. Either way, the result is an efficient reporting model, that ensures access to both budgets and evaluation as well as progress and results.
Examples from the Strategy module.
Key Functions
- A new perspective for structuring Strategic goals and result analysis in different levels such as Finance, Customers, processes and learning
- Strategic goals including descriptions, periodization, trend indicators and units of measurement such as amount and percentage
- Setting up a Reporting structure for each Strategic goal that i linked to the formal or informal organizational team structure
- Integration interface for budgets and realized numbers from 3rd party systems
- Manuel input of budget and realized targets
- Budgeting, that supports both the cascading and aggregation principle
- Scorecards/dashboard, that display results and deviation for managers and employees
- Reports and analysis