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TRIRIGA |
Organizations that implement performance management systems
drive higher returns in shareholder value, return on assets and margin.
Typical organizations that implement focused performance management
systems can drive as much as a 3-5% increase in return on assets, which
corresponds to $30M to $50M per year for each $1B of workplace assets
under management.
Performance management systems can also generate substantial
margin contribution. For example, organizations that implement focused
performance management systems may increase margins as much as 5% to
10%, representing an increase of $50K to $100K for every $1M in workplace
operations payroll.
TRIRIGA Workplace Performance Management (WPM) represents a key advancement
for the industry. A suite of analytical applications, TRIRIGA WPM provides
the insights and tools for workplace executives to align, analyze and act immediately
to achieve workplace performance. Specifically built for operational and financial
performance of workplace operations and assets, TRIRIGA WPM can both drive
and demonstrate impacts to the bottom-line of up to tens or hundreds of millions
of dollars.
To achieve compelling results, organizations first need to develop appropriate
objectives and apply them to their operational systems. TRIRIGA WPM provides
pre-defined key workplace performance indicators to turn business plans into
measurable objectives to evaluate performance in the context of the objectives.
TRIRIGA WPM embeds these objectives directly into the system to automatically
measure and manage workplace performance. TRIRIGA WPM then cascades and systematically
communicates business objectives down and across business units to drive measurable
actions.
Organizations can not manage what they can not measure. With TRIRIGA WPM, organizations
can now systematically measure actual workplace performance relative to internal
targets and relative to industry benchmarks. This measurement capability provides
the foundation to manage business performance.
TRIRIGA WPM analyzes operations, detects exceptions
and confirms actions. TRIRIGA WPM evaluates workplace performance across
multiple dimensions and factors, quickly linking cause and effect.
Further, TRIRIGA WPM drills down into operational and financial information
in order to determine root cause issues and identify specific actions
to improve performance.
The specific, actionable insights gained from TRIRIGA WPM enable organizations
to realize benefits in multiple areas. For example, TRIRIGA WPM can substantially
improve workplace efficiency by reducing both cycle times and cost of operations,
thus improving operational performance. TRIRIGA WPM increases customer satisfaction
through improved service delivery and enhances portfolio performance through
increased workplace asset utilization and return on assets. Finally, TRIRIGA
WPM increases workplace productivity to improve both profitability and financial
performance.
TRIRIGA WPM consists of five purpose-built analytical applications which complement
and integrate with the operations management applications of TRIRIGA IWMS.
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