MYTHS OF GOVERNANCE

How to establish a metrics-driven enterprise?

How to integrate visibility with accountability?

What are the better ways of achieving collaboration?

You have certainly thought about these questions. In fact, some of you may think you have already addressed these aspects of your management challenge. Good chances are, you have dealt with these questions only in isolation. But hardly a few of you have looked at these initiatives as pieces of a bigger management puzzle. That is because many leaders are into “vendor-led thinking”. For example, here are the quick answers that many of you would give, to the questions above.

1. How to establish a metrics driven enterprise?

“We have bought and implemented Performance measurement systems, create Balanced Scorecards, and have many metrics initiatives in place to achieve that”.

2. How do you integrate visibility with accountability?

“We have bought and implemented Business Intelligence tools and we create many reports. We make use of those BI reports and charts to make decisions”.

3. What are the better ways of achieving collaboration?

“We have bought and implemented enterprise software systems to manage our business processes to achieve collaboration and workflow”.

The truth is that, without measuring performance from the business processes, the business intelligence to make appropriate decisions cannot be achieved. The truth is also that these individual bits and pieces of software are struggling to achieve their objective individually and collectively. That is the reason behind the hurried consolidations among software companies in these areas.

The actual management puzzle involves the innate integration of business processes with performance measures, and to have in-built intelligence in your decisions. It is very easy to achieve a “real-time, integrated management control system” – rather than trying to stitch software pieces like torn clothes.

Perceive a system that inherently handles business process workflow, does the performance measurement and provides the metrics business intelligence, all in one.

Let no one tell you “you are trying to boil the ocean”. Come and see the seamless integration within GRIP. “GRIP – Governance Rigor with Integrated Processes” is a product offering by OpenMetrik, backed up by our services to implement processes and procedures to solve the management governance puzzle.