Companies face a constant imperative to change, yet most fall short of their targets.
Most business transformation software is not capable of managing the inherent complexities;
either it’s too tactical or can overwhelm leaders with information.
KEY Impact Management by BCG X, our cloud-based program management software, is different
and can reverse the odds while avoiding the common pitfalls.
It enables business leaders
to overcome the toughest aspects of managing change and complexity
by covering all major aspects of any program, project,
or project portfolio management software available in the market,
offering full transparency,
decentralized management, effective collaboration,
data-driven decision making and behavioral nudges,
financial impact, engagement and adoption.
Here's how the organization and in particular,
the Transformation Management Office benefits from KEY Impact Management’s
ability to track and predict performance,
elevate risks, and manage programs efficiently.
By hosting the solution on a cloud-based platform,
organizations avoid the time consuming and complex task of consolidating multiple files,
a challenge commonly faced by geographically dispersed teams.
At its core, the solution has user and role specific rights so that each user
only sees relevant information, ensuring confidentiality at different levels.
Initiative owners drive day-to-day execution of the individual roadmaps.
They agree on a set of critical deliverables and milestones
with the transformation leaders and lock that plan into place,
including any financial and operational impacts.
As the initiative moves from planning to execution,
the initiative owner provides immediate updates on progress
and identifies any anticipated risks against the original plan.
Senior leadership can take necessary actions
based on the configurable, objective status indicators
that trigger yellow and red flags, before deadlines or impacts are affected.
The initiatives are stored within the program structure.
Various folders and levels within the program structure are configurable
to match the reporting lines and layout of the organization.
The program structure can also be reordered
by leveraging the matrix view, allowing senior leadership
to focus their attention on the most relevant initiatives.
This helps to break down silos and increase visibility.
The reports and dashboards show real-time updates from individual initiatives
consolidated at the program level.
Initiative owners can add comments at every level to share progress
and indicate any roadblocks.
Dashboards and out-of-the-box reports can be configured
and filtered to target specific audiences or specific sets of information.
This gives leadership the visibility and insight they need to drive course corrective action,
enabling them to identify risks or upcoming deliverables,
understand how the overall portfolio is projected to perform,
and track and monitor financial impacts,
operational KPIs and other leading indicators
for successful execution throughout the portfolio.
Backed by hundreds of successfully run transformation programs and decades of experience,
our program management software comes with a clear focus on value delivery.
Now access KEY Impact Management by BCG X on your desktop, tablet, and mobile.
Download from the App Store or Google Play today.