INEKON SYSTEMS provides companies with methodological procedures and tools enabling them to navigate to their business targets

Navigation audit: BNS – NA

The task of navigation audit (“NA”) is bring the company management to face an unbiased mirror, which will show the condition of management processes taking place within the company and point out the deficiencies or deviations both in regard of the methodological and information aspects. The resulting Audit Report will describe in connection with the highlighted bottlenecks the proposals for improvement of planning and company reporting.

Characteristics

The objective of NA is to look for bottlenecks in the processes of the management measurement of performance, annual tactical planning or projecting strategic changes. Weaknesses are often identified also in the creation of more precisely put results (forecasting), plans updating, periodic reporting of results, detection of variations and their factor analysis and many other processes.

Structure

Navigation Audit is the joint work of the Client’s specialist staff and Inekon Systems specialists, who will first get acquainted with the main management processes and documentation of the company, such as plans, budgets, reports, statements, statistics, etc. The introductory analysis is subsequently followed with two workshops and several controlled interviews with selected managers and specialists. The NA objective consists, especially, in two basic areas– planning and modelling of the future and monitoring and evaluation of the achieved reality.

1. Planning and modelling of the future

In this area the Audit shall focus, namely, on the following:

• plant integrity from the viewpoints of the strategic and tactical management cycle;
  
• possibility to apply methodology to the management of strategic changes and coordination of partial strategic projects;
  
• interconnection of partial plans in-between separate operational areas of management;
  
• adequacy of the planning methods and assessment of possibilities to apply progressive planning techniques;
  
• balance of centralized and decentralized planning procedures;
  
• method of utilization of the existing development and external data sources for the primary plan proposals;
  
• review of the responsibility and processing models for the plans development; and
  
• assessment of the existing approval procedures and change proceeding when developing and updating plans.

2. Area of monitoring and evaluation of the achieved reality

This involves, above all, as follows:

• evaluation of the all-company reporting integrity and interconnection;
  
• contemplation of a possibility to trim the evaluation and to increase its transparency (by elimination of duplicities and redundancies, elimination of risk from flooding by numbers, specification of the optimum measure of similarity of reports …);
  
• review of the integrity of stating the results from the viewpoints of the company strategic and tactical management, as well as separate operational areas of management;
  
• assessment of the adequacy of applied methods when evaluating the result and analysing variations between the plan and reality.

Results of BNS – NA

• The company will verify, whether it indeed effectively utilizes all the possibilities offered by strategic planning and the reverse analysis of the achieved results.
  
• The Client will obtain the Audit Report pointing out the strength and specifying discovered weaknesses in the company navigation.
  
• within the framework of the Audit report and in connection with bottlenecks the Client will receive a proposal for innovative solutions to improve planning and company reporting.
  
• Inekon Systems specialists who already know the deficiencies from previous similar cases may then jointly with the Client’s
  specialists look for effective ways of remedy, which would be closest possible to the company needs.

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