Benefits & Features

Starting a business, growing a business and scaling a business require three different approaches, each with a different focus. Moving between these three stages requires more than a clear vision and a desire for success. It requires a consistent way to execute your strategy against your vision without compromising your values.

Advice about how to best manage your business is often siloed into a specific discipline. HR has one opinion. Finance has another opinion. Engineering will have yet another. The challenge for executives is having a helicopter view of the whole organization and understanding how best to manage all the moving pieces and competing priorities.

In the absence of clear direction, employees are forced to make their own assumptions about where they think the company wants to be. This lack of direction results in wasted resources, duplicated effort, lost time, and miscommunication – all of which cost your business money and delay your ability to achieve your goals.

When critical factors are not clearly identified within departments, employees struggle to measure and monitor progress in real time. A lack of scoreboards makes it more difficult to track each department’s contributions and adjust priorities accordingly.

When employees are engaged and aligned with your goals, they work independently with minimal oversight. This creates a positive work environment with everyone collaborating and working in the most efficient way to support the strategic direction of the company. Employee morale increases and everyone comes to work with a greater sense of purpose.

Accountability is key to success; when leaders pass blame – and support staff blame one another for not achieving company objectives – it muddles the chain of expectations, efforts, and results. Employees are not completely invested in success because they do not have the proper guidance and no accountability.

Performance mismanagement is a systemic issue. When a department or role is not managed properly, productivity suffers. Any attempts to fix the issue require more time and effort addressing symptoms and not the underlying core problem. Departments grow frustrated with an increased workload and the churn associated with an ongoing performance problem.

When staff and managers have an incomplete picture of what effective operations should be, they make assumptions about the best way to address their work. This creates multiple inconsistencies and leads to inefficiency in goal attainment. The best way to ensure an efficient and effective operation is to have processes in place that are designed to save time and cost and improve customer satisfaction. The more closely your staff work to defined processes, the greater chance they have of consistently achieving results.

Nothing threatens your business viability more than not properly identifying and managing business risks. Without a system in place to properly understand the risks involved, you can quickly be consumed working in a reactive problem-solving mode. This moves you away from working proactively towards your strategic goals.

Innovation is difficult or impossible without a flow of effective new ideas. Poor understanding of the company’s business objectives, performance, and coordination within departments challenges any ability to generate new ideas and leads to recurring problems. The result is a stifling of innovation and a lack of continual improvement.

Poorly communicated expectations or a lack of understanding about business actions decreases productivity and increases conflict within departments. Staff fail to understand their role, the expectations management has for them and how to best align their efforts toward the shared company objectives. Departments and individuals place blame on one another or try to address productivity snags with inadequate measures, harming the company’s overall health and growth. Morale plummets. Employee retention becomes difficult.

Without specific planning and prioritization, staff become busy without being fully productive. Time and money are wasted on busywork that slows down the entire business with unnecessary complications. A lack of clear priorities damages productivity. This results in less-effective meetings, less-effective daily efforts, and fewer contributions toward the overarching company goals. Wasted efforts directly translate into wasted time and money.

Leaders within an organization work long hours putting out fires without ever getting the opportunity to focus on implementing strategic goals. Their day is spent reacting to problems and concerns and not doing what they are most interested in doing: managing a business towards a strategic plan. They can quickly burn out and become anxious, depressed and detached from their families. Employees are not engaged and do not consider how their contribution can support the overall business.

The StrategyX platform puts a snapshot of your guiding principles on a single dashboard and links them to your business goals. This ensures your day-to-day operation is firmly aligned to the original intent of your business, regardless of the size of your business or volume of transactions you perform. You can be certain your vision, mission, values and culture are continually reinforced and directly linked to actionable goals to guide the behavior of everyone on your team.

One of business’s biggest challenges is the inability to implement and execute corporate strategies. However, there are basic principles of strategy execution that must be followed to ensure business goals are achieved. Goals must be clearly defined. There must be a way to clearly measure, monitor and manage the success factors relating to those goals. Staff have to be engaged and managers must have the ability to quickly identify who in the business needs support. We have built these principles into StrategyX.

StrategyX eliminates any confusion, doubt or opinion about the best way to achieve the forecast and goals you have defined in your business strategy. You have complete clarity about the processes that need to be followed to achieve success in your business and can immediately identify when there is a lapse or weakness in the way those processes are being performed.

With StrategyX you have a way to track the status of each of your goals and ensure your entire team is focused on the right performance metrics for your business. Your staff know exactly what they should be doing and know what goals have been completed and what goals still require action. This promotes teamwork and improves overall employee satisfaction.

Using StrategyX ensures your staff will understand the priorities required for effective strategy execution. Forgotten tasks will be a thing of the past and your team cannot be defocused by competing priorities or dominating personalities. Everyone in your organization has a clear path for the actions they should undertake and benefits from a collective satisfaction of seeing work completed.

Risk management is an essential part of executing corporate strategy. The StrategyX platform has been developed to allow you to identify, manage and control unwanted (risk) events in your business while complying with international risk standards.

Capturing and addressing problems is central to a smooth business operation. StrategyX provides a framework to capture and solve problems, ensuring your business learns from each opportunity

There is no shortage of good ideas but capturing and implementing them is another thing altogether. StrategyX provides you with a central repository for managing ideas through to implementation, ensuring your business develops the innovative culture required for a sustainable and prosperous future.

It’s so easy for staff to become just “busy” and not productive. The StrategyX platform will ensure that all staff are aligned and focused on the daily actions required to achieve your corporate vision, mission and goals.

The StrategyX platform gives you a way to keep every member of your staff engaged in the most effective way to achieve business results. They are empowered to work towards business goals that are transparent to everyone, creating a team culture. Continual feedback loops and tracking against goals gives employees a sense of pride and ownership about the work they do.

The StrategyX platform is designed to assist managers with the complexities of managing staff at the most granular level. You know what due dates are being met and which are slipping and you’re notified when deadlines are changed. It helps managers understand what sort of support and/or coaching is required so they can proactively address any problems and achieve desired results across the organization.