London-based TOPP Tactical Intelligence Ltd in collaboration with Cerulean Infotech is pleased to announce the release of P.R.E.S.T.O., the cloud-based operational excellence business management enterprise solution offering functionality and discipline in the end-to-end management of continuous improvement activity regarding business process optimisation. For a mere 4 hours of monthly dedication, the solution offers a wide array of benefits offered to the organisational support strategy of IT, Human Resources, Risk & Compliance and Business Operations, through its business algorithm which installs a sense of ownership, sense of urgency, and a sense of purpose at all levels of the organisation ensuring that opportunities from best practice awareness and cross-departmental collaboration are made top priority.

Furthermore, as a performance management solution, business leaders have deep visibility into the operational challenges regarding knowledge gaps & process wastes impeding forward progress allowing for the acceleration of tactical decision making while facilitating a crisper articulation of the top-down corporate strategy into measurable business objectives at the subject matter expert level. In doing so, the organisation will enjoy a steady ongoing flow of business opportunity identification, cost-benefits analysis, and constant solution implementation at all levels of the organisational hierarchy allowing for successes to be celebrated and communicated in real time along with individual performance evaluation giving managers the opportunity to do away with the less-than-effective annual performance evaluation.

What led to the making of PRESTO?

P.R.E.S.T.O.'s original prototype was first launched as a stand-alone tool by a group of Italian business professionals in collaboration with a local university within a large US-based multinational financial organisation who had acquired the complete back-office depository bank servicing arm of an Italian industry leader providing services in mass volumes to Italian institutional and private portfolio managers and investors. The opportunity to build PRESTO presented itself during the restructuring phase of the two organisations when the vast differences between their managerial cultures, operational know-how, language barriers and their business operating models indicated a strong need to utilise Lean methodologies to measure and benchmark business processes, standardise best practices and its terminology, become more transparent and communicate change more effectively.

During the course of the testing in Italy, in addition to the overwhelmingly positive feedback coming from the operations senior management team, P.R.E.S.T.O. was also highly praised by senior level personnel in Human Resources, Training, Risk & Compliance, IT, as well as Operational Excellence supporting teams who profited from the Risk & Control Self-Assessment module when assembling a SWOT team to provide an urgently requested remediation plan to put at ease a weary client who had recently experienced a large financial loss due to a set of weak operational controls. Upon completion of the pilot, P.R.E.S.T.O. was quoted by the local director of Human Resources to be an instrument offering ample 'operational playing space' and visibility to business operations support teams (e.g. Human Resources, Risk, etc.) stating further that P.R.E.S.T.O. is a revolutionised 'way-ahead' into the management of the technical, professional, and leadership growth strategy of the organisation while guaranteeing enriched precision and clarity in the bottom-up assignment, communication, and performance measurement of the core business objectives prioritised by the Senior Team.

Some of the features

Conclusion

What distinguishes PRESTO from the other continuous improvement applications available in the market is the way in which it marries the management of the organisation's business operating model including its IT support strategy and its business processes to the individual growth plans of the organisation's most valuable resource: its staff. Since its launch, PRESTO has proven to be an optimal cloud-based business solution in the identification, analysis, and implementation of the process improvement opportunities available while offering a real-time communication means to celebrate success, capture lessons learned, and promote an ongoing best practice culture which pro actively eliminates waste and maximises individual performance.