Automate corporate performance management
Rocket® CorStrategy® solutions help enterprises manage operational effectiveness across all levels of the organization. You can roll out software-based tracking systems that communicate, track and manage corporate strategies and initiatives. CorStrategy embodies popular management principles, such as the Balanced Scorecard and Six Sigma methodologies.
Automate tying performance metrics and initiatives to strategic objectives
Efficiently executing your organization’s corporate strategy and strategic plan is challenging. Aligning your day-to-day operational activities with your strategic objectives can be even harder. Connecting, managing and communicating all the related information is harder still.
Rocket CorStrategy is a highly functional and scalable way to manage this information within any management framework, or even a combination of frameworks: Balanced Scorecard, Six Sigma, Malcolm Baldrige, and whatever comes next. You can focus on corporate strategy management instead of information-wrangling.
CorStrategy manages your objectives. It allows you to easily associate performance measures with individual objectives, score and color-code measures and objectives, cascade objectives throughout your organization, and measure your progress toward objectives by combining the scores of any number of key performance indicators (KPIs). CorStrategy also manages your initiatives. You can link one or more initiatives to any strategic objective, and track and manage the status of all initiatives and subordinate tasks. Plus, CorStrategy lets you extend your existing project management investments by seamlessly linking to whatever system you have in place.
From information overload to faster strategic execution
Regardless of the management framework(s) or methodologies you use, the goal is to efficiently align daily activities to your strategic objectives, and execute your enterprise-wide corporate strategy. CorStrategy gets you to strategic execution faster, with our interactive scorecards, strategy maps, dashboards, workflows, pre-built reports and views, cause-and-effect modeling, and performance forecasting.
Data collection and consolidation become second nature with CorStrategy. Periodic metric data can be automatically loaded from other corporate information systems, or manually entered via web forms. Plus, automated data-update email reminders to stakeholders ensure that your data is always as up-to-date and accurate as possible.
Rocket CorStrategy provides a central repository for all metrics, calculations, and commentary, allowing for on-demand reporting as well as historic reporting. With CorStrategy, you can control the weighted contributions of underlying metrics to objectives, as well as view scoring across different frequencies. CorStrategy gets you that much closer to 20/20 foresight for your corporate strategy. View cause-and-effect diagrams to highlight interdependencies, and leverage causal modeling and forecasting for predictive analysis.
Communication and collaboration, simplified
CorStrategy goes with the flow—your workflow, that is. It automates the manual data update process with reminders and escalations, and enables secure and consistent communication for all corporate strategy and performance management content throughout the organization. Commentary on objectives, measures, initiatives, and actions—and links to supporting documents, hyperlinks, and personal notes—ensures that stakeholders get the supporting details on the information they need when they need it.