“We can finally roll out organization-wide best practices for our projects.”
What they loved about i-nexus:
Standardized project management practices, bringing to life the methodology within their operating system
Giving leaders the ability to drive the organization toward operational excellence through managing and certifying their Lean Black Belts
Today, they’ve centralized their project management covering R&D and innovation portfolios. With the right strategy execution tools, they’re executing against 60 goals with $16m in benefits realized to date.
Strategy execution software is designed to help organizations execute their strategies more effectively.
Because ⅔ of strategies fail due to poor execution (Gartner), strategy execution tools like i-nexus are a digital solution specifically built to address the challenges of strategy execution, such as communication breakdowns, misaligned priorities, and inadequate resources.
Strategy execution software typically includes various features that help organizations plan, execute, and track their strategies as needed.
The software is not limited to one type of strategic initiative – such as digital business – nor does it sit exclusively within IT departments under the CIO.
Strategy execution software helps businesses tackle many strategic portfolios around growth, operational excellence, mergers and acquisitions, business transformation, environmental / ESG, financials, and beyond.
Features typically found inside strategy execution tools may include:
Tools for creating and refining your strategy include goal-setting and action planning.
Dashboards and scorecards for tracking progress towards your goals and tools for identifying areas where performance needs improvement.
Tools for allocating resources, such as budgets, personnel, and technology, to ensure they align with the organization’s strategic goals.
Communication A centralized platform for sharing information and collaborating on strategy execution across different teams and departments.
Reporting and analytics
Tools for generating reports and analyzing data to identify trends, patterns, and areas where the strategy needs improvement.
Strategy execution digitalizes how you plan projects and work, covering various methods, including Hoshin Kanri, OKR, OGSM, and 4DX, to embed structure, processes, and portfolio management into ways of working.
With i-nexus strategy execution software, you’ll find a suite of tools that help you to focus on strategy execution – the x-matrix, balanced scorecard, kanban, bowling chart, project charters, dashboards, and beyond.
To digitalize your strategy execution methodology, the software should capture and spread best practices in the form of workflows and templates to demonstrate how work should be done, encourage management by exception reporting, and offer process governance tools to improve the governance of strategy execution.
Finally, as organizations evolve to digital-first, strategy execution software must encourage on-site and remote collaboration. This should come in continuous strategic planning and review sessions, where the continuous strategy method of reviewing plans each month can execute the plan.
i-nexus is software that makes life easier for leaders and teams managing and executing strategic and operational projects. Unlike other strategy execution software, i-nexus gives you one source of truth, bringing everyone and everything that matters into view so that you can execute your plans.
Plan, execute, track, and optimize inside i-nexus, and you’ll achieve more of your strategic goals with less effort.
12% of leaders at underperforming businesses have the tools to execute their strategies (HBR). i-nexus software ensures that your plans can be seen through to execution and you ultimately achieve your goals. That means your business doesn’t suffer from the ever-illusive strategy to execution gap.
With i-nexus software comes the benefit of integrating and consolidating your tech stack. Teams use one system that fits their needs, and from the Cx to the shopfloor, everyone has one single truth, best practices become part of every day, and everyone always knows how their efforts are paying off.
And in uncertain times, agility is crucial. That’s why i-nexus enables your business to move away from one-and-done strategic plans with the tools to adopt a PDCA approach for continuous strategy. Whether you review your plan each month, quarterly, or half year, you have all you need to encourage continuous improvement, critical thinking, and strategic collaboration.
But it’s about more than software. 75% of digital investments fail to deliver their expected outcomes (Gartner). i-nexus brings two decades of experience to underpin your choice of strategy software. From advice on how to set your KPIs to how to build a roadmap for driving company-wide engagement in strategy execution – experience is in our DNA.
Strategy execution is a journey. Some need guidance on where to start, and others are looking for software and guidance on taking their execution to the next level.
Here’s what a roadmap could look like:
Strategic planning pilot in a strategy office or at L1
The strategy execution process is live in the strategy office / L1, with KPI, project, and action plan updates to embed this as a process
Standardized scorecards and countermeasure processes are rolled out more widely
More plans are rolled out to additional teams, further strengthening process and governance practices
Strategic planning lessons take place, covering what’s learned from the previous period, benchmarking performance, and codifying a full period’s processes before rolling out to additional parts of the business
Top-down strategic planning begins, integrating a “W” catchball planning process in goal setting, and execution inside i-nexus provides complete delivery visibility.
Book a call with our Solutions team to talk about your strategic roadmap.
If you have a plan to execute, i-nexus is for you.
We typically work with organizations in business units to tighten up their strategic plans, KPIs, and processes and then spread throughout as we focus on best practices among users, project and program delivery in the PMO and PgMO, and continuous strategic reviews with the Cx.
We like to think of it as getting the foundations right before scaling.
You’ll find i-nexus driving the strategy execution of organizations in manufacturing, life sciences, financial services, automotive, supply chain and logistics, and beyond.
i-nexus strategy execution software is priced on an annual subscription basis, which includes the software itself, hosting, and support.
Pricing depends on your needs – whether starting small and building a process or looking to deploy across your entire organization, we’ll work with you to find what works for your strategy execution needs.
As we roll out the software, we’ll work to a plan that fits your needs, with one of our G2 award-winning success managers who’ll help you get i-nexus deployed exactly as you need to an agreed timeline.
Strategy execution is about collaboration and repetition. So, what better way than being guided through the strategic planning process with i-nexus?
i-nexus offers a free four-week trial with no purchasing commitment, allowing you to work with a Solutions consultant to validate your plan and test that the software meets your needs.
Through our network of partners, for those who are new to the world of Hoshin Kanri or are getting started with using the x-matrix, we can offer training around developing your breakthrough goals through to embedding standard monthly reviews.