Wizsm Insights are proprietary business analytical wizards, which enable Wizsm users to examine various relevant information associated with an opportunity, problem, or area of concern. These contextual insights presents multiple perspectives which enables better decisions.
All too often, the contextual understanding of a business situation is fragmented, lacks breath of scope, involves multiple perspectives, and takes inordinate amount of time to analyze and present. This increases the costs of making the decisions and can lead to analysis paralysis.
Wizsm Insights can be used to examine quantitative and qualitative perspectives to support organizational decision-making. The various analytical techniques provide different results and perspectives help to drive a collaborative and converged decision. This enables rapid development of action plans to mitigate the area of concern or to leverage the opportunity at hand.
Wizsm Insights is based on the PRISE© Methodology, a best practice methodology for Strategy Execution. PRISE© integrates Processes, Risks, Initiatives and Strategy to ensure successful Strategy Execution.
Wizsm Insights is part of the Wizsm PRISE© Product Suite, which provides a replicable roadmap to Strategy Execution, and takes us from the “What to the How”. It addresses the pitfalls of having different Management Frameworks run in silos, independent of each other and it provides a holistic view of all management information enabling better decisions.
Correlation Matrix Insights
Process Mining Insights
Four Box Insights
Connect Data to Decisions
Although billions are spent on new information technology and analytic capabilities to help make better decisions, organizations waste 60% of that investment as the resulting analysis and insights generated are not tied directly to decision-making and business results. (Erik Larson – Forbes).
Wizsm Insights supports decision led analytics and supports follow up action planning and action tracking. This enables the strategic learning process and results in better decisions.