Management

The management responsibility is to manage the entire organization - how the different systems, processes, projects, roles interact in order to deliver the final product or service. And at last - deliver the expected financial result. However, the reports from the organization often come in different shapes and forms making it difficult to see how it all interacts.

 

The iFACTS software streamlines all corporate data into one single point of entry. Here you will see your organization and how it is all connected. Identifying weak spots, challenging strategies, high lightning major risks or opportunities.

 

Use the ONTRACK dashboard to get an overview of any organizational part, instantly implement new organizational policies/guidelines, provide internal audit with a tool to increase corporate efficiency rather than looking for scattered data.

 

Or create your own KPI list, a few suggestions:

 

  • Projects above €1000 million status red
  • Monitor top 100 KPIs
  • Critical regulatory compliance index
  • Dependencies status red with Business impact above €25 million

 

If your organization is not working in a systematic approach today - it is most likely that some of the following applies:

 

  • Business activities handled in silos causing sup optimization and expensive administration.
  • Business continuity can not be demonstrated because no one knows how it is all connected.
  • Several different incident report systems doing basically the same thing (IT incidents, crisis, HSE incidents...).
  • Thousands of IT systems not being controlled. Some are not used but still being maintained, others are duplicates, vital business functions in local Excel spread sheets.
  • Potential business impact of millions of € that no one is aware of because everything is in silos. What if the production process has a maximum of 1h IT downtime but the IS/IT function is setup for 40h? Guess who will take the hit! "Did you not know this?".

 

Implementing the iFACTS concept and Software will most likely meet organizational resistance. It is essential that Management supports the different roles and functions that implement it such as CRO, CIO, Internal audit, Quality manager or the HSE manager.

 

And concerning the organizational resistance - maybe they do not see the benefit of a holistic view controlling the entire organization and how it is all connected. Maybe they need some Management explanation to understand?