Simmethod Presentation Sept 2010,1

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Transcript of Simmethod Presentation Sept 2010,1

SIMMETHOD™Measuring and improving corporate

performance since 1990

Competitive Intelligence, Risk Management and profit improvement strategy

WWW.SIMMETHOD.COMThe way you measure determines your results

(Awarded a top 10 innovation prize by the NSW Australian Government in 2008)

IDC’s new wave of Business Analytics and SIMMETHOD’s UVP

• According to IDC, the next wave of Business Analytics 2005 to 2020 will reach external partners in the value chain (customers, suppliers, Government Agencies) in order to achieve visibility and improve decision making in the value chain.

• The expanded vision of Business Intelligence must take into account a new set of Business Drivers as described in the next slides:

IDC’s New Business Drivers and SIMMETHOD’S UVP

• Compliance: consistency in decision making SIMMETHOD links employee performance to a

common set of metrics ensuring consistency of strategy and execution

• Predictive analytics: Dashboards that report on what has happened are not longer enough. Trends, correlations and predictive analytics will have to be a key component of any future Business Analytics offering

IDC’s New Business Drivers and SIMMETHOD’S UVP

SIMMETHOD provides powerful correlations linking management controllable variables with business growth and value creation and its predictive analytics include a Management Performance Index, a Risk Index, effectiveness of execution against strategy, Industry Trends and Risk Management Alerts based on predictive external market movements linked to company analytics

IDC’s New Business Drivers and SIMMETHOD’S UVP

• Intercompany connectivity (competitive intelligence): Linking of business processes and metrics with business partners, customers and suppliers. A comprehensive view of the value chain and the industry outside the company will be necessary to gain competitive advantage

IDC’s New Business Drivers and SIMMETHOD’S UVP

SIMMETHOD provides competitive intelligence linking the value chain via a common set of indicators enabling partners (suppliers, customers) to align their strategies and synchronize their processes and metrics

SIMMETHOD is a common business language that enables collaboration between value chain partners linked through shared performance and risk metrics irrespective of the industry they are in.

Business Analytics ROI and SIMMETHOD’s UVP

IDC research indicated that to improve ROI, the analytics market is gravitating towards integrated and packaged content such as the one offered by SIMMETHOD

According to Aberdeen’s user survey, starting an implementation with pre-configured industry templates such as SIMMETHOD, can significantly shorten implementation time and improve analytics ROI significantly

Bridge between Enterprise Risk Management, Competitive Intelligence and Business Analytics• Given recent financial collapses, class action

lawsuits against Board of Directors and Senior Executives, the emphasis on Risk Management has increased significantly as a way to protect organizations from unexpected losses.

• However, Enterprise Risk Management is internally-focused covering such issues as procedures and approvals and it has to be complemented by externally-focused Competitive Intelligence

SIMMETHOD Enterprise Risk Management

SIMMETHOD Risk Management is based on Competitive Intelligence measuring external forces that have major risk implications.

Therefore, it is important to combine internally-focused Business Analytics and Enterprise Risk Management with externally focused SIMMETHOD’s Competitive Intelligence for a comprehensive approach to risk and performance management.

SIMMETHOD Enterprise Risk Management

• According to Walter Wriston, former Citibank’s Chairman, and his risk management team, it is often too late when directors start probing senior managers about the risk that the organization has undertaken and the questions to be asked are:

• “Is risk management embedded into the organization’s culture and coordinated across all Business Units?”

• “What are the danger signs of a company heading in the wrong direction?”

SIMMETHOD Enterprise Risk ManagementSIMMETHOD enables each business unit to

create a different risk/performance profile and to set up and monitor risk targets against a constantly changing database of competitive intelligence global industry metrics.

With SIMMETHOD, Board of Directors and senior executives can receive early warning risk alerts linked to global industry trends and metrics, Industry’s Best-In-Class templates and alignment of execution to business strategy.

Why Do Businesses Fail or Fail to Perform?

The secrets of performance

Some of SIMMETHOD’s Clients

SIMMETHOD™ Testimonials• “At AM Corporation as a direct result of using the

SIMMETHOD™ we achieved over $4 million dollars of cost savings”. John Clark, COO, AM Corporation.

• “The SIMMETHOD™ methodology added real dollars to our bottom line”. Edmund Khalaf, CFO and Group Vice President Randstad (Select Appointments).

• “The SIMMETHOD™ performance measurement and improvement methodology provided a powerful analytical basis for our decision making process”. David Hendler, Director, Reebok.

SIMMETHOD™ Awards and Recommendations

• Awarded a "Top Ten Innovation Prize" by the NSW Department of Trade, Australia in August 2008.

• Simply running internal Reports and Business Intelligence is not enough - By companies comparing themselves to industry metrics they can assess 'factually how well they are performing against their competitors and how they need to improve'. This is done via SIMMETHOD's automation of: 1) competitive intelligence correlations and reports, and 2) management performance index benchmarking It simply a brilliant way to assess performance without politics, opinions and interpretations 'about how are we doing' - This a truly powerful methodology that is needed in the marketplace.” Stephen Maloney, SAS California State Representative, July 18, 2010

SIMMETHOD™How was the Best Practices performance database created?

SIMMETHOD™The Competitive intelligence Performance and

Risk Management Database

• The SIMMETHOD™ database provides a holistic view of a business across industries and facilitates the measurement, management and improvement of its performance.

• The database, comprising 1,000’s global businesses is analysed, calculated, sorted and grouped into templates, indices and correlations highlighting the metrics of the top performers in each industry.

• The Competitive Intelligence Business Analytics provide a valuable global benchmark of Best Practices, Business Models, Risk Management Alerts, Predictive Analytics and effectiveness of management’s strategy and execution.

SIMMETHOD™ Predictive analytics, Performance and risk management strategy

The 4 Phases of the SIMMETHOD™ Value Creation Cycle

SIMMETHOD™ Developing Trend Example

SIMMETHOD™ Developing Trend Example

-30-20-10

010203040506070

Business B 2008 performance indexBusiness B 2009 1st/Q performance indexSIMMETHOD™ Top performance index = 58

SIMMETHOD™ HR Industry Sector Example

A SIMMETHOD™ Subscription• Connects your people and your business to

Competitive Intelligence Best Practice Global Analytics you need to improve your performance, minimize your business risk and gain competitive advantage.

• Bridges the gap with your industry's Best-In-Class performers.

• Enables you to receive early warning alerts of market changes, new global competitors and their business models and metrics that will impact your future performance.