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Strategy Execution System TeamEx Strategy Execution System TeamEx
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Strategy Execution System TeamEx Top CEO Challenges Most Executives Agree that Lean Times Require Superior Focus on Strategy & Execution. “Strategy execution is the #1 concern of CEOs worldwide.” - Conference Board
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Strategy Execution System TeamEx How Critical Is a Strategy Execution System? Recent Research Findings (The Balanced Scorecard Collaborative, 146 companies): Do you have a formal strategy in place? Yes (54%) No (46%) Your Current performance: 1. We have breakthrough results12%7% 2. We are performing better than our peer group58%20% Outperformers Subtotal........... 70%27% 3. Performing at the same level as our peer group18%30% 4. Performing at a lower level than our peer group12%43% Under-Performers Subtotal........30%73% Winners: Losers: Clear Results: (No Surprise) Organizations with Formal Strategies & Follow-Up are 2.5 Times (250%) More Likely to Outperform!
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Strategy Execution System TeamEx What TeamEx Does? TeamEx is an Online system for your leaders and employees to improve Strategy Execution. TeamEx is a single place to track goals and hold people accountable. TeamEx aligns every employee with your organization’s most critical objectives. TeamEx tracks Key Performance Indicators so you can take pinpoint and solve problems.
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Strategy Execution System TeamEx TeamEx is a Comprehensive System Strategic Planning and Vision – Articulates your vision to all employees and map out powerful strategies. Tactical Goals - Supports one time and ongoing goals, delegation, acceptance, & review tools to track progress. Problem Tracking – Built-In issues tracker invaluable for rapid handling of problems and keeping goals on-track. People Tools – Enables recognition, performance appraisals, development, succession planning, and more. Dashboard – A quick view of each user’s key goals due and key performance indicators.
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Strategy Execution System TeamEx Value TeamEx Provides Strategy Execution. Agile Innovation. Transformation. Accountability.
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Strategy Execution System TeamEx Our Unique Approach Other partial solutions fall short (makes no business sense to separate Strategy and Execution). Vital to deliver a Full solution, not parts.
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Strategy Execution System TeamEx Other Competitors’ Approach “Parts” approach (either People OR Strategy). SuccessFactors Focused on Goals, Appraisals, Succession, Comp (no Strategy). Taleo Focused on Goals Mgt, Appraisals, Succession, Comp (no Strategy part). ActiveStrategy Focused on Strategy, Goals, Budgets (no People Execution part). HalogenSoftware Appraisals, Comp, Succession (no Strategy part).
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Strategy Execution System TeamEx Comparison of Leading Providers Gartner Research and 2008 Direct Reviews Key Features: TeamExSuccessFactor s TaleoActiveStrategyHalogen 1. Strategy Optimization - Product/Svc. Strategy - Competitors Strategy 2. Goal Setting - Cascaded Assigning - Commitment Accepting - Compare Wks/Mos/Yrs. 3. Execution Tools - Problem Tracking - Group Collaboration - Employee Appraisals - Compensation 4. Results Recognition
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Strategy Execution System TeamEx Why Do Leaders Fail? Top 5 Reasons Executive Managers FailTeamEx Feature & Benefit Low or ineffective communication.TeamEx is a two way collaborative tool. Managers stay visible to employees, giving & receiving constant feedback and recognition. They don’t keep the bottom line up.TeamEx enables you to prioritize critical projects by financial impact, share new business and cost saving ideas. Poor or lack of execution.TeamEx allows you to clearly articulate your strategic goals and objectives, then track progress in every critical area. Losing track of critical assignments.TeamEx will track all your individual and team projects, measure the results, and provide summary dashboards. Not putting the right people in right jobs.TeamEx enables gap analysis within critical positions, fit of each employee, and even compares performance review data.
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Strategy Execution System TeamEx Why Act Now & ROI There are two frequent methods for determining your ROI as outlined below. Method 1: Saved Labor Approach. A survey of over 10,000 employees by Salary.com indicates the average person admits to wasting 2.09 hours per day (study summary). Employee Performance Management Systems historically improve productivity between 5 - 15% by ensuring each employee is focused on their most important goals. - Calculation: (Total Yearly Payroll x 5% to 15%) / TeamEx Yr Quote = ROI Method 2: Accelerated Profitability Approach. A business agility value study by the MIT Sloan School of Management based on data from 649 firms (study summary) found that increased Business Agility (a core function of the TeamEx system) led to a 6% higher EBITDA than the average within an organization's industry group. - Calculation: (Most Recent EBITDA x 6%) / TeamEx Yearly Quote = ROI
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