Align Execution With Strategy

Enterprise Program & Portfolio Management

When execution is not aligned with strategy, the entire organization suffers. Poor program and project decisions – disconnected from strategic priorities – invariably lead to sub-optimal portfolios. This waste of scarce budget and resources represents a threat to any company hoping to be more agile and innovative.

UMT360 delivers complete visibility across all business capability, program and project investment portfolios. Assess the performance of the critical business capabilities needed to execute strategies and identify and effectively deliver programs to accelerate business transformation.

Set, Prioritize and Communicate Business Strategy

High-level goals are of little value unless the organization can clearly define and communicate its business strategy. Absence of an actionable and measurable business strategy results in poorly aligned execution and wasted investment and resources. UMT360 helps:

  • Breakdown goals into a hierarchal set of actionable business strategies and strategic objectives
  • Clearly describe each business strategy and document outcomes to reduce ambiguity
  • Establish metrics and key performance indicators used to measure each business strategy and strategic objective
  • Collaborate with executives to objectively prioritize business strategies

Analyze Capabilities & Identify Improvement Programs

Business capabilities are the operating fabric of every company. To effectively deliver on strategic priorities, UMT360 helps organizations identify relevant capabilities, and then identify required performance improvements, by:

  • Standardizing data collection and building hierarchal business capability map
  • Utilizing objective surveys to derive assessment scores (e.g. business importance, performance and risk scores) for each capability
  • Easily mapping each capability to the strategic objective they empower
  • Utilizing powerful dashboards to identify poor performing capabilities and identify improvement opportunities

Initiate Programs, Allocate Funds & Develop Roadmaps

How do organizations generate higher quality demand? By identifying improvements to the key business capabilities that are required to execute on the company’s strategic priorities. UMT360 helps:

  • Initiate program requests and collaboration to build business cases (e.g. financials, resource, metrics etc.)
  • Map programs to business capabilities providing a direct line of site from strategy to execution
  • Utilize objective assessment scores (e.g. strategic yield, risk etc.) to evaluate programs and allocate and approve funds
  • Build and communicate multi-year transformation roadmaps to provide visibility across near-term and future demand
  • Select the appropriate execution methodology (e.g. agile and /or waterfall) and breakdown programs into projects for detailed planning

Improve Program Execution, Rebalance Portfolio & Maximize ROI

Manually reconciling data and building reports is a waste of time. Integrating line of business systems and automating status reporting helps PMOs spend more time analyzing the portfolio, identifying underperforming investments and taking corrective action to ensure execution remains aligned with strategy. UMT360 also enables the PMO to:

  • Standardize performance metrics and automate status reporting to track project and program health
  • Automatically import actual costs from ERP systems to and capture remaining costs to derive variance metrics
  • Raise and control change requests for additional funds or to release funds
  • Move to reallocate funds and rebalance portfolios throughout the year to optimize spend, maximize ROI, and further align investment with strategy

Measure Benefits & Results

Too often, business cases are used only to secure funding for IT investments. A robust benefits realization framework enables organizations to measure results, take the appropriate action and drive accountability and process improvement. UMT360 helps:

  • Track benefits by project, program, capability and strategy
  • Quickly identify investments that fail to meet revenue, cost reduction and avoidance targets
  • Document lessons learned and identify opportunities to improve governance processes
  • Establish and maintain metrics to benchmark and track portfolio performance