Strategy Management

Palladium helps organizations take strategy from ideas to action.

Senior executives consistently name strategy execution as their most pressing management challenge. Our analysis of high performing organizations shows that successful execution results from having a specific management framework for clarifying your strategy and linking it to your people, processes, and technology.

Exceptional organizations don¹t leave strategy execution to chance. In these enterprises:

All members of the leadership team participate fully in developing the strategy and are personally involved in executing it.
The strategy is clearly expressed. The best way to describe a strategy is through a strategy map—a tool Palladium created.
Strategy is measured, cascaded through the organization, and reported.
Resources are aligned to the strategy. Otherwise, strategy remains a paper exercise.
There is organizational support for the changes required throughout the implementation of a new strategy. Change is an inherent part of strategy execution.
Strategy execution is coordinated through an Office of Strategy Management.

Palladium's Strategy Management Services

Strategy clarification, planning, and measurement

Palladium¹s unique approach to strategic planning and development creates a strategy designed for execution.

Organizational alignment and engagement

We help you cascade your strategy to ensure the right mix of scorecards, dashboards enabled by business intelligence technologies, measures, and reporting. The result? Everyone in your organization is tracking and working toward common objectives.

Resource allocation and portfolio management

Our proven approach to initiative management arms you with a process for identifying, selecting, funding, executing, and monitoring initiatives and programs that drive your strategy execution.

Strategy reporting and governance

We help you develop reports, coach your management team on managing strategy in a new way, and instill a discipline of sound analysis and effective decision making.

Change and transformation

Palladium helps your leadership team identify and manage risks and barriers to change.

Performance Management

Palladium has deep competency and global experience in performance management.

To achieve and sustain success, your organization must manage performance. That means linking your strategy to your operations, aligning planning and execution processes, and synchronizing business unit and enterprise objectives. On average, companies realize only a fraction of the financial performance that their strategic plans promise—primarily due to failures of planning and execution. High performing organizations optimize planning and consolidation processes, identify critical business processes and levers, and dynamically allocate resources to drive performance.

In organizations that excel at performance management:

Strategic, financial, and operational plans are aligned to ensure that critical initiatives receive the resources they need to deliver results.
Planning, performance reporting, and rolling forecasts form a closed loop, enhancing responsiveness to changing business conditions.
Financial consolidation processes are efficient, accurate, timely, and aligned with the planning process to enable the effective management of results, external reporting, and compliance with regulatory requirements.
Dashboards and reports examine forward-looking metrics, so adjustments can be made while there¹s still time to respond.
Dashboards and scorecards are used not just to identify issues that need rectifying but also to pinpoint successes that can be repeated across the organization.

Palladium's Performance Management Services

Integrated operational and financial planning

We help you define the activities, resources, and business processes you need to create and meet financial objectives as well as employee, capital, and project plans.

Forecasting, resource allocation, and investment management

Our approach to designing and implementing a rolling framework transforms planning from an annual activity to a continual, dynamic process that adapts as business conditions evolve.

Financial close and consolidations

We improve your process efficiencies and effectiveness, shorten closing timeframes, expand decision analytics, comply with statutory requirements, and increase your visibility into the business.

Reporting, operational dashboards, and analytics

Palladium creates frameworks and processes to help you identify potential challenges, leverage successes, and streamline financial reporting.

Performance management systems implementation

We implement systems and technology that help scale and sustain results.

Business Intelligence

Palladium designs, builds, and implements the analytics needed to measure an organization’s performance.

With more and more available data, how do you know you¹re analyzing the right data to support your strategic intent? You need accurate, relevant data to monitor outcomes, gain insights, anticipate risks, and adapt. A combination of best practices and technology will yield the data you need to meet your strategic objectives. Research shows that combining the Balanced Scorecard with business intelligence (BI) produces results four times greater than either approach alone.

In organizations that excel at business intelligence:

Data and information consistently align with strategic objectives, and BI is linked to strategic performance drivers.
Decision processes are fact-based. Intuition and gut feelings give way to focused analytics as the basis for answering important questions.
Master data management is a core focus. It is critical for the alignment of operational and analytic processes that enable effective analytical systems with an enterprise wide vision.
BI supports multiple perspectives, each of them equally important to the organization¹s success:
Data to measure progress toward strategic objectives are reported using tools that facilitate strategy reviews and decision making.
­Performance management processes use core operational and financial data for driver-based modeling, with BI to support reporting and analysis.
Data and information are delivered in formats that optimize decision making at the front lines, enabling managers to effectively orchestrate day-to-day operations.

Palladium's Business Intelligence Services

BI strategy and roadmap

We assess your organization's current and future-state analytic technology infrastructure and create a roadmap of quick wins.

BI alignment and governance

Our expertise in data governance and processes that manage, standardize, deliver, and support BI programs ensures ongoing accuracy of your data.

Analytic information architecture

We design and build the analytic information architecture needed to enable your BI programs.

Information management infrastructure

Our experts create components such as data warehouses, data marts, master data management, and extract/transfer/load (ETL) processes that scale and sustain your results.

Executive Strategy Manager™

Our web-based software application will accelerate your time to results.

The Executive Strategy Manager (ESM) is a web-based software application that takes you step-by-step through both the construction of, and reporting on, Balanced Scorecards and strategy maps. The only application built and managed by the creators of the Balanced Scorecard, Drs. Kaplan and Norton, the ESM will help you create strategic alignment at the corporate, division, and individual level.

The Executive Strategy Manager allows for better meeting management by enabling you to communicate your corporate strategy and identify the key performance drivers at all levels of your organization. It is designed to help your organization quickly get started with the Balanced Scorecard (through structured coaching, templates, and processes), then grow with your organization as the Balanced Scorecard program matures.

Integrated meeting management, enterprise alignment, performance management, and initiative management functionality ensures that the ESM will meet your needs as they evolve. The ESM quickly and easily scales from one to one thousand scorecards, and creates a climate of corporate and individual responsibility.

Palladium Pace™

Palladium offers a highly-configurable software platform for planning and budgeting designed to support your business process.

Do you have a great platform for planning and budgeting that helps you link strategy to operations, but do you need a highly configurable solution that supports your unique business process? Are some areas forced to "copy" final plans from Excel into planning software?

Today, most companies live with a 70/30 status quo. That is, 70% of their planning processes can be supported by existing capabilities within a planning solution, while 30% are simply too unique, complex, and/or costly to be integrated into their existing planning framework. The 30% users are left to fend for themselves. So they turn to what they know best: the spreadsheet. And why not? Spreadsheets give them what they need most – flexibility. What they often don't realize is that flexibility will create more work, complexity, and a lack of true integration. A disruption within one user or functional group within the corporate-wide planning process can have a significant impact on timing and quality of what is produced.

If your answer is "yes" to any of the questions above, you will likely find that no solution will fit your business needs like Pace. Pace provides planners with a powerful yet easy to use business modeling and planning tool. Unlike traditional planning applications, that assume distributed planning where one person plans their department or a few departments, Pace supports the individual who must plan hundreds, or even thousands of cost and/or profit centers. These centers may represent product lines, stores, sales channels, brands, field sales representatives, or any number of other examples. In these cases, a unique set of characteristics are required for efficient and accurate planning—one that by definition is different than those of distributed planning systems.

Palladium’s Pace technology evolved over a seven year period from Palladium’s experience implementing custom planning solutions at many of the world’s most successful companies. Often Palladium was asked to supplement larger packaged planning solutions that could not support unique centralized processes, leaving those planners with only Excel and forcing them to copy their final plan into the planning package, actually adding to their workload. Palladium addressed this gap. Presenting an entirely new approach, Pace provides configurable process support that supplements your current planning and budgeting platform. Palladium clients demand a competitive advantage from their planning processes, and Pace fulfills that demand.