SEATTLE, March 8, 2016 /PRNewswire/ -- Changepoint, a leading provider of solutions for project portfolio management (PPM), enterprise portfolio management (EPM) and professional services automation (PSA), today revealed new insights into the epidemic of misalignment between strategy and execution in corporate America. According to the Harvard Business Review, executional excellence is the number one challenge facing corporate leaders in the United States, ahead of innovation and growth.
Changepoint surveyed 200 qualified senior project managers and executives at a series of PMO-centered Gartner events. Highlights include the following:
- The vast majority of executives (80%) have no real-time insights into how the organization's projects are aligned with overall business strategy
- More than three-fourths (76%) of project managers question if their execution is aligned to business objectives, with 17% confident it is not aligned at all
- More than half (51%) of respondents still rely on spreadsheets to report on performance
Changepoint's survey results corroborate the disconnect that is currently felt by executives and project managers alike between strategy and execution. The results reveal an underlying desire to change the status quo in the alignment of both these business-critical elements across the enterprise.
"In today's economy, transparency into real-time business insights both from the top down and the bottom up is no longer a luxury—it is a requirement," said Alan Shefveland, Changepoint's director of product management for strategy and innovation. "Business leaders are increasingly relying on technologies like our EPM and PPM solutions to gain a complete view of how to implement their vision and transform their business execution."
Changepoint is a game-changer for businesses striving to achieve executional excellence to drive a healthy bottom line. Today, more than a thousand organizations worldwide rely on Changepoint's PPM and EPM solutions to achieve real-time alignment of strategy, planning, and work management. Daptiv PPM by Changepoint empowers businesses to better execute against program and project initiatives with real-time visibility into project status, resource information, and more. With in-the-moment access to that information, decision makers can make more informed choices based upon their current environment—enabling them to quickly find out which projects are on track, which are costing the organization time and money, and which projects to initiate in the first place. barometerIT, Changepoint's EPM solution, takes it a step further by empowering leaders with visibility into the enterprise portfolios that keep the business running. With the Changepoint solution, enterprises not only gain visibility over portfolios, but can also crowd source to find out—qualitatively and quantitatively—which technologies, processes, and resources are aiding or hindering the overarching transformation initiatives that map to the bottom line.
To learn more about Changepoint's survey, please visit: http://changepoint.com/resources/articles/survey-did-you-know.aspx
Changepoint delivers market-leading solutions in Business Execution Management™ (BEM) to companies around the world. The solution suite is comprised of Project Portfolio Management (PPM), Enterprise Portfolio Management (EPM), Professional Services Automation (PSA), and more. Today, thousands of organizations—large and small—rely on Changepoint to get the job done. With Changepoint, smarter decisions are easier to make and flexibly adapting to change is easier to do. The result? A shorter, clearer road to innovation and customer satisfaction. Changepoint maintains operations in North America, Latin America, EMEA, and APAC, and services customers across six continents. For more information, visit: www.changepoint.com