Okay, imagine you’re a busy executive, right? You’ve got a bunch of Technology & Transformation (T&T) projects running at the same time, and you need to keep your finger on the pulse, but you can’t afford to get lost in the weeds. That’s where this strategic reporting system comes in.
Think of it like an early warning system for your projects. Instead of waiting for things to blow up, you get a weekly snapshot – a “RAID dashboard” – that shows you the potential risks, the actions being taken, any issues that have cropped up, and how different parts of the project depend on each other.
Now, you’re a busy exec, you can’t be dealing with every little detail, right? That’s why you’ve got your crack team of project leaders. You delegate the day-to-day stuff to them – keeping the project on track, allocating resources, putting out small fires. They’re your eyes and ears on the ground.
But here’s the key: they know when to escalate things to you. They don’t bother you with every little hiccup, but if there’s a major risk, a critical issue, or a dependency that could derail the whole project, they flag it for you, right there on that weekly RAID dashboard.
This way, you can swoop in, make the big decisions, and steer the project back on course. You’re not wasting time on minor details, but you’re also not out of the loop. You’re staying strategic, focusing on the big picture, and ensuring your T&T projects deliver the goods.
And to make it even easier, you’ve got all sorts of tools at your disposal: project management software that spits out these dashboards automatically, data visualisation tools that make it easy to see what’s going on, and communication platforms to keep everyone connected.
It’s all about staying informed, empowering your team, and focusing your energy where it matters most. That’s how you achieve real success with your T&T programs.
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