PRODUCTS - ORIEL
"Less than 10% of strategies effectively formulated are effectively
executed" - Fortune Magazine
The simple reason for this is that organisations do not manage their
strategy. Oriel tracks the execution of strategy by actively governing
change within your orgainisation. Once a strategy has been formulated,
it must be translated into operational change initiatives that are
aligned to your stratgeic objectives and key performance indicators.
These initiatives must be managed throughout their life to ensure
that they deliver their planned benefits, and contribute to achieving
your strategy. Oriel is the software tool that will enable you to
execute your strategy effectively.
Executives
Senior executives need to be able to steer a steady path when it
comes to delivering the strategic agenda. To do this, a single view
of change is needed.
Strategy Management
Change in all its guises is vital to delivering your strategy and
improving business performance. Having a good strategy is one thing,
but unless it is successfully executed it is worthless. Delivering
a strategy doesn’t just happen by carrying out a selection
of projects, they need to be the right projects, correctly aligned
with the strategy in order to deliver maximum value to your organisation.
Oriel provides a real-time transparent view of whole of the change
portfolio. By collecting and tracking strategy, programme and project
information, Oriel provides intelligent insights into the strategic
value of this inherently complex mix of information.
Strategy Modelling
Not only does Oriel allow you to prioritise your projects but it
allows you to simulate different potential portfolios and their
effect on the overall strategy through "what-if" and "goal
seek" analysis. You can examine multiple strategies and dynamically
apply the effects of your changes across the portfolio.
Programme Office and Portfolio Managers
Senior managers tasked with overseeing and co-ordinating the change
portfolio need to be able to both summarise for executives and detail
for project teams this complex set of data to provide accurate and
timely information about the portfolio. To do this a single view
of change is needed.
Project Selection and Approval – Many projects exist
in organisations, some are strategic, some are regulatory, some
are duplicate and overlapping, and others are just dead wood that
need to be cut back. A single view of the change portfolio allows
the project selection and approval process to be clearly defined
and transparent across all projects.
Prioritisation – Prioritising the project portfolio
will provide allow you to focus on projects that will get the best
results from the often limited pools of resource, time and money.
You choose what factors to select and Oriel will prioritise the
projects accordingly, and provide a narrative to explain the logic
for its results.
Governance – Track the initiation, prioritisation,
reporting and execution of all change projects and initiatives and
see the impact of multi-project conflicts on all aspects of the
project portfolio.
Project Managers
As operational managers of one or more projects you need to be
able to deliver on time and budget, free from the added constraint
of regular project status updates and reporting. Updating project
related information quickly and easily in Oriel's central repository
means that it is instantly available to you, other project managers
and co-ordinators alike saving many man hours in duplicated effort.
Project Planning
Set up your projects in Oriel with ease, as and when you have the
information. Microsoft Project® plans can be imported and exported
if required and the full project lifecycle, whatever the methodology,
can be managed from Oriel.
Project Team Members
As a member of the project team you may want to add project information
to Oriel. This may be cost data, or risks, issues, deliverables
etc. All this can be easily added to Oriel and instantly shared
amongst other team members.
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