Enterprise Portfolio Management Software for Projects, New Products, R&D, Stage Gate, Businesses and Resources
   
SERVICES
 

DECISION EXCELLENCE®

 

  The Decision Excellence® methodology represents a structured framework of best-practice that has been developed and refined over a period of eleven years. It embodies experience gained from the successful deployment and adoption of portfolio management in many leading global organizations in diverse industries. The Decision Excellence® methodology and related services are delivered as a part of a bundled solution together with the GenSight® software product to ensure that maximum benefit is delivered to the client.  
     
 

THE KEY ELEMENTS OF Decision Excellence®

 
  PORTFOLIO ARCHITECTURE  
 

Decision Excellence® enables you to resolve complex problems of strategic choice, and determine the optimum deployment of human and capital resources across alternative opportunities that have different objectives, risks and rewards. Decision Excellence® synthesizes these choices into portfolios, across multiple levels and perspectives. Insights can be shared between portfolios to build organizational consensus. For example you can optimize R&D decisions according to opportunities and constraints in the product portfolio.

 
   
  DECISION CRITERIA  
 

Cut through "data fog" with incisive criteria. Bring clarity to large volumes of relevant information. Customized diagnostics enable you to draw out the most useful insights to make the best decisions fast. Decision Excellence® enables best-practice “variable design” that reduces perceptual bias in data collection. The "scorecard" approach enables organizations to prioritize according to rigorous criteria that assess contribution based on both financial and non-financial values.

 
   
  DATA COLLECTION AND MANAGEMENT  
 

Good portfolio management depends on collecting the right data in the right way. We define the data required for each portfolio, which we then define further to allow for different stages and types of element in the portfolio. The resultant data model reflects the disparate nature of the competing opportunities being prioritized. Consistent enterprise wide data collection is enabled by GenSight’s web based iForms (Intelligent Forms) that automatically adapt their appearance and data fields to suit each type of project, resource or other business element being managed.

 
   
  DATA VISUALIZATION  
 

Focus thought with graphic excellence, guided by the insight that "Clear and precise seeing produces clear and precise thinking." Made possible by our advanced technology, the GenSight® solution brings data to life in a highly visual form, enabling you to rapidly explore different assumptions and viewpoints, and to generate a much deeper understanding of variables and data.

 
   
  PORTFOLIOANALYSIS  
 

Gain clear and compelling insights into the total portfolio. Understand the balance of the portfolio from multiple dimensions. Ensure the portfolio will deliver the strategic goals of the organization. Measure and track over time total portfolio value, risk, innovation and other key portfolio indices.

 
   
  RESOURCE OPTIMIZATION  
 

Force ranking projects is never the answer. Using proprietary genetic algorithm search and optimization techniques, the GenSight™ Optimizer can identify the ideal portfolio of projects or products to maximize the return from constrained resources. It can instantly explore literally trillions of possibilities dealing with multiple constraints, resource types, project interdependency relationships and value maximization goals.

 
   
  COMMUNICATION  
 

Establish a "criteria-based decision culture" through communication and accountability. We work with your management team to communicate objectives behind a given decision path, helping you enroll active stakeholders and "move the needle" on implementation. We offer workshops to familiarize managers with the tenets and the tools of Decision Excellence®.

 
     

 

See Also

Process Design

Implementation

Support

BACK TO TOP

 

 

Portfolio Management to Prioritize Projects, Products, Businesses and Resources

 
     Sitemap   :  Legal        Project Portfolio Management Software               Glossary
© 2008 the GenSight group. All rights reserved.

Leading Products:

Project Portfolio Management

New Product Portfolio Management

IT Portfolio Management