Strategy Execution

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Strategy Execution

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ManagePro offers several new features to support you in the processes of strategic planning, visibility, tracking and execution.

Three features are covered here, the Strategic Scorecard Map, the Strategic Plan Highlight filter button and Weighted Average Scores for strategy goal scorecards.

 

Strategic Scorecard Map

ManagePro makes it quick and easy to view the current target, result and scorecard of the action steps, initiatives or key performance indicators (KPIs) that are supporting each strategic goal.

You’ll find this view as the first tab (Strategic) in the Map view.

 

Note that the tree displays are based solely upon alignment with a strategic goal, not the standard tree (parent/child) structure found out through-out the rest of the program.  E.g. the 2nd tier listing of records may be found under a completely different parent goal in any of the other Main Workspace, Gantt Chart or Map views.

 

Inclusion in this view requires using the right click Strategic Plan option to:

1)

Select those records that are part of the strategic plan,

2)

Select records (goals, projects, action items and/or tasks) that are aligned with a strategic plan initiative and linking them to that initiative

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Note: For pre-ManagePro 8 users that are upgrading, you will need to add this view to your existing database by using the Utilities/Advanced Database/Technical support/Technical support functions/Create Strategic Map function. ONLY execute this command once for a given company if converting a ManagePro  database structure.

 

Strategic Plan Highlight

The ability to see across an entire organization’s range of projects and goals and view those specific projects and tasks that are directly aligned with a goal or initiative in the strategic plan is a very useful tool.  The Strategic Plan Highlight button provides just that feature and is located within the Filter ribbon control section. If you highlight a goal that has been identified as part of the strategic plan (using the right click option of Strategic Plan/Include in the Strategic Plan), clicking the Strategic Plan Highlight button reconfigures the display so that the goals linked to the selected Strategic Initiative are highlighted while all other goals are grayed out.  In the screenshot below you can see that there are two goals and two action plan steps that are linked to the strategic goal Increase Revenue with New Product Solutions.

 

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Note:  When a Strategic Goal is not selected (or when in views other than the Main Workspace/Scorecard) the new button is disabled.

Weighted Average Score

ManagePro supports two types of weighted average scores in deriving score values for strategic plan scorecards.  Both are available as options when setting up the scorecard parameters for each strategic goal record in the Score Basis field:

Sub-Goal Weighted Average derives the score based upon those sub-goals having a scorecard configured with target and results and a weight value.

Strategic Weighted Average derives the score value from those goals linked to the selected record via the right click option of Strategic Plan/Link to Strategic Initiative feature.

 

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In either case, the weighted average is computed using the following simple formula; where X = the score, W = the weight of each sub-goal or linked goal and X1-Xn are the current scores of those sub-goals or linked goals:

Weighted Average Score is derived from the following equation:

(Score1 x Weight) + (Score2 x Weight) / (Weight1 + Weight2)

 

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Example:

Score1 is 80% with weight of 50%

Score2 is 100% with weight of 25%

 

(80 x .50) + (100 x .25) / (.5 + .25) = (40 + 25) / .75 = 86.7%

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As powerful as this is, it can also present a challenge in remembering exactly what sub-goals or linked goals are in play and at what weight values.  We have a helpful aid.  Notice that when hovering your cursor over the score of a record that is derived from a weighted average, you’ll find a pop-up window letting you view exactly which records are contributing to the current score.

 

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