Read this article about IBM, one of our finalists, in the category Operational Excellence Project under 90 Days, selected by the independent judging panel, for the 2019 Business Transformation & Operational Excellence Industry Awards program. Click here to read articles on other finalists.
On its journey to building the Premier Cognitive Enterprise, IBM launched the Enterprise Performance Management (EPM) initiative. EPM is a framework for organizing, automating and analyzing business data, metrics, processes, and systems to optimize IBM’s overall performance.
Based on the EPM solution and within only six weeks, a global, cross functional team designed, developed, and released the IBM Financial Performance Dashboard to the Europe geography.
The dashboard is enabling finance teams to streamline the creation and consumption of key financial performance metrics and to accelerate evidence-based decision making across the IBM management system. It is changing the way we work and the way we run our business. Performance metrics are digitized, visualized, and put in the hands of the geography and market finance and business leaders for self-service and to take immediate business actions.
The key financial metrics in scope:
IBM Financial Performance Dashboard is based on IBM Cognos Analytics and is integrated with a cloud-based file sharing solution, enabling a secure automatic dashboard creation and distribution. It is mobile enabled, compatible with all operating systems and accessible offline. The solution has been developed and delivered iteratively, applying Agile best practices and principles. A small, self-directed team collaborated and co-created the dashboard, delivering value quickly and continuously enhancing the solution based on the needs and feedback of the stakeholders.
The dashboard saves the Europe Finance team 1,200h of manual work to create and distribute spreadsheets and charts. The team can now focus on analysis, providing insights and supporting the business to make better and faster decisions. With the deployment of the dashboard to the other geographies we target to reduce the manual work of finance teams by 10,000 hours in 2019.
“The dashboard is changing the way we work […] it’s enabling self-service reporting. A great example of progression […]”
- Europe CFO
“An amazing dashboard with all information flow made so simple.”
- Financial Analyst, Middle East and Africa geography.
It would not be even possible to measure the value that Business and Finance leaders gain by having key financial metrics available to them anytime they need it. In addition, having that insight in a visualized way helps them direct their attention to areas that require focus and enables them to make even faster, evidence-based decisions, in support of IBM’s business objectives.
The Business Transformation & Operational Excellence Awards have been established to showcase globally the most outstanding organizational achievements through the application of Operational Excellence programs. Click here to view the Press Release.
The winners for all categories and for The Platinum Awards will be announced at The Business Transformation & Operational Excellence Summit & Industry Awards on Wednesday March 20th, 2019, from 6.30pm, in the Venetian Ballroom at the Loews Portofino Bay Hotel at Universal Orlando Resort®.
The Business Transformation & Operational Excellence Awards are open to all organizations, both private and public sector, across the globe, which have implemented Operational Excellence programs to deliver outstanding business results.
The 2019 Awards will be held in conjunction with the Business Transformation & Operational Excellence World Summit on March 20, 2019 in the Venetian Ballroom at the Loews Portofino Bay Hotel at Universal Orlando™
BTOES is the industry’s biggest and best, senior-level, cross-industry gathering of Business Transformation & Operational Excellence industry leaders and senior executives.
It also hosts the Business Transformation & Operational Excellence Awards, which showcase globally the most outstanding organizational achievements through the application of Operational Excellence programs.
The summits hosts a number of private forums for C-Level & Global corporate-level leaders as well as business unit heads.
With over 150 speakers, over 100 sessions, 12 Keynotes, 9 Track Themes, 5 parallel tracks, 60+ track sessions, 50 roundtable discussions, 20 Interactive Workshops, 6 Thought Leader Panels, 5 Leaders Boardrooms, 5 co-located events, the Industry Awards Program, Site Visits, 20+ hours of social networking including 2 gala cocktail parties, dinners, numerous group activities, this is the ultimate event to benchmark, network and drive Operational Excellence to the next level.
Quick Links
There is a strong focus on Cultural Transformation, Customer Delight, Sustaining an Operational Excellence program, Need for end-to-end Business Transformation, Keeping up with new technologies/impact of digitalization and Leadership Buy-in & Understanding. We dedicated two tracks to advanced technologies, such as AI, Machine Learning, RPA, Predictive Analytics, Blockchain, Cloud infrastructure etc.
The agenda is designed to encourage active meaningful conversations though all day enhanced networking and interaction opportunities, including
All-day Refreshment & Themed Breaks
1¼ Hour Hot Breakfast Networking Sessions
1½ Hour Hot Plated Networking Lunches with Topic & Industry Sector focussed tables
1½ Hour Roundtable Sessions by Topic & Industry Sector.
Keynote & Themes Panel Sessions
Hosted Welcome Receptions from 5.30pm
Expanded more lavish Awards Program
Newly launched Night Summit for attendees to meet after dinner
For more information or to discuss the summit in more detail please schedule a call below,
Click here to schedule a call.