Strategy Management
At Dmaze, we understand that effective strategy management is crucial for achieving organizational goals and driving business success. That's why we've developed a modern and complete software platform that empowers you to manage your strategies with ease.
Our software platform combines cutting-edge AI technology with configurable templates to deliver unmatched performance across strategy management, audits, business processes, governance, risk management, control activities, and more!
With Dmaze, you can easily create, manage, and track your strategies. Our platform provides you with a comprehensive view of your strategic initiatives and enables you to align your resources and priorities to drive the success of your organization.
Our AI algorithms work tirelessly behind the scenes to provide you with relevant suggested information that will help you make informed decisions and streamline your workflows. Plus, our configurable templates make it easy to create and manage strategies that are tailored to your specific needs.
Whether you're developing new strategies or refining existing ones, Dmaze helps you optimize your performance and achieve better business outcomes. With Dmaze, you can rest assured that your strategy management is in safe hands. Discover the power of Dmaze today and take your strategy management to the next level!
Introducing Annual Plan
We are excited to announce that this feature is on our road map for 2023! Our team is working hard to bring this feature to Dmaze and we can't wait for you to try it out. Stay tuned for updates on it's progress.
Annual Plan the way we see it
An Annual Plan is a strategic management tool used by organizations to set goals and objectives for the upcoming year. It is a comprehensive document that outlines the strategies and tactics that an organization plans to implement to achieve its objectives.
The annual plan typically includes a review of the organization's previous year's performance, analysis of its strengths, weaknesses, opportunities, and threats (SWOT), identification of key performance indicators (KPIs), and development of action plans to achieve specific goals.
The annual plan is a critical component of strategic management as it helps organizations align their activities with their long-term goals and objectives. It also serves as a basis for monitoring and evaluating progress throughout the year.
Effective annual planning involves collaboration and input from all levels of the organization to ensure that goals and objectives are realistic and achievable. It is also essential to regularly review and update the annual plan to ensure that it remains relevant and aligned with the organization's changing needs and priorities.
In summary, an annual plan is a crucial tool for organizations to set strategic goals, align their activities, monitor progress, and ensure they are on track to achieve their long-term objectives.
Annual Plan Standards
ISO (International Organization for Standardization) has several standards related to strategy management, but the most relevant ones for an Annual Plan (Strategy Management) process are: ISO 9001:2015 - Quality management systems - Requirements: This standard provides a framework for organizations to establish a quality management system (QMS) that ensures consistency in meeting customer requirements and continuous improvement. An Annual Plan (Strategy Management) process can benefit from using the principles and practices of ISO 9001:2015 to establish a quality-focused approach to strategic planning and execution. ISO 31000:2018 - Risk management - Guidelines: This standard provides guidelines for managing risk in organizations, including the identification, analysis, evaluation, treatment, and monitoring of risks. An Annual Plan (Strategy Management) process can benefit from using the risk management principles and practices of ISO 31000:2018 to identify and mitigate risks associated with the implementation of the strategic plan. ISO 22301:2019 - Societal security - Business continuity management systems - Requirements: This standard provides a framework for organizations to establish a business continuity management system (BCMS) that ensures the resilience of critical business functions in the face of disruptive events. An Annual Plan (Strategy Management) process can benefit from using the principles and practices of ISO 22301:2019 to ensure that the strategic plan takes into account the need for continuity in the face of unexpected events. Other relevant standards for an Annual Plan (Strategy Management) process include: The Balanced Scorecard (BSC): The BSC is not an ISO standard, but it is a widely recognized strategic management framework that provides a comprehensive approach to developing and implementing a strategic plan. The BSC framework includes four perspectives: financial, customer, internal processes, and learning and growth. An Annual Plan (Strategy Management) process can benefit from using the BSC framework to ensure that the strategic plan is balanced and aligned with the organization's goals and objectives. PMBOK Guide: The Project Management Body of Knowledge (PMBOK) is a guidebook for project management practices. An Annual Plan (Strategy Management) process can benefit from using the PMBOK Guide to develop and implement the strategic plan as a project, using project management practices to ensure that the plan is delivered on time, within budget, and to the desired quality standards.
Introducing Enterprise Risk Assessment
Are you tired of the endless hassle that comes with managing enterprise risks? Look no further! Dmaze is here to revolutionize the way you handle risk assessments.
With Dmaze, you'll get a comprehensive and detailed description of the assessment, including all assumptions and objectives. Our software is designed to identify risks quickly and efficiently, ensuring that you never miss a potential issue.
We understand the importance of analysing risks and placing them in the appropriate matrix. That's why Dmaze provides a thorough assessment of each risk, considering probability and consequence, before placing them in one of our customizable matrixes. Our risk matrixes cover critical areas such as people, environment, cost, schedule, production, and reputation.
We believe that knowledge strength and manageability are just as important as identifying risks. That's why Dmaze considers both factors in our assessment process.
But that's not all! Dmaze also provides a risk treatment plan, assigning responsibility for each task and making sure everyone is on the same page. Our built-in AI function suggests risks and treatments, making the process even more efficient.
Dmaze also comes equipped with configurable workflows, ensuring that your team stays on track and on schedule. With Dmaze, you'll have everything you need to manage enterprise risks effectively.
Don't let the stress of risk management take over your company. Choose Dmaze and get the peace of mind you deserve.
Enterprise Risk Assessment the way we see it
Enterprise Risk Management (ERM) is the process of identifying, assessing, prioritizing and managing risks that could potentially affect the achievement of an organization's strategic objectives. ERM enables organizations to take a proactive approach to risk management, by assessing risks in a holistic manner and integrating risk management activities into their overall business strategy.
Effective ERM involves identifying and analyzing risks across all areas of the organization, including financial, operational, strategic, and reputational risks. This includes considering internal and external factors that could impact the organization's objectives, such as regulatory changes, economic shifts, technological advancements, and natural disasters.
Once risks are identified and assessed, organizations can then prioritize them based on their likelihood and potential impact, and develop strategies to manage or mitigate those risks. This can include risk avoidance, risk transfer, risk reduction, or risk acceptance.
Overall, ERM provides organizations with a framework for making informed decisions about risk and helps ensure that risks are managed in a consistent and coordinated manner across the organization. By adopting ERM practices, organizations can improve their ability to anticipate and respond to risks, protect their assets, and achieve their strategic objectives.
Enterprise Risk Management Standards
ISO (International Organization for Standardization) has developed a series of standards related to Risk Management, including: ISO 31000:2018 - Risk management — Guidelines: This is a general standard that provides principles, framework, and process for managing risks in organizations. ISO/IEC 27001:2013 - Information technology — Security techniques — Information security management systems — Requirements: This standard provides a framework for information security risk management, including identification, assessment, and treatment. ISO 22301:2019 - Societal security — Business continuity management systems — Requirements: This standard provides a framework for business continuity management, including risk assessment and management. ISO/IEC 31010:2019 - Risk management — Risk assessment techniques: This standard provides guidance on different risk assessment techniques, including qualitative, semi-quantitative, and quantitative methods. ISO 22316:2017 - Organizational resilience — Principles and attributes: This standard provides principles and attributes for organizational resilience, including risk management. Other relevant standards for Enterprise Risk Assessment process include: COSO (Committee of Sponsoring Organizations of the Treadway Commission) Framework: This framework provides guidance on enterprise risk management and internal control. NIST (National Institute of Standards and Technology) Cybersecurity Framework: This framework provides guidance on managing cybersecurity risks in organizations. OHSAS (Occupational Health and Safety Assessment Series) 18001/ISO 45001:2018 - Occupational health and safety management systems - Requirements: This standard provides a framework for managing occupational health and safety risks in organizations. These standards can help organizations to establish a systematic and structured approach to risk management, ensuring that risks are identified, assessed, and managed effectively.
Introducing ESG Strategy Action Plan
We are excited to announce that this feature is on our road map for 2023! Our team is working hard to bring this feature to Dmaze and we can't wait for you to try it out. Stay tuned for updates on it's progress.
ESG Strategy Action Plan the way we see it
ESG (Environmental, Social, and Governance) Strategy Action Plan process is a structured approach that organizations can take to assess and improve their sustainability performance. The process involves identifying and prioritizing environmental, social, and governance issues that are relevant to the organization, setting targets and goals for improvement, and developing and implementing a plan to achieve those goals.
The first step in the ESG Strategy Action Plan process is to assess the organization's current sustainability performance. This can involve analysing data on energy and resource use, waste and emissions, social impact, and governance practices. The assessment should identify areas where the organization is performing well and areas where there is room for improvement.
Based on the assessment, the organization can then identify and prioritize key ESG issues that are most important to its stakeholders, such as investors, customers, employees, and communities. This may involve conducting stakeholder engagement activities, such as surveys, focus groups, or interviews.
Once the key issues have been identified, the organization can then set targets and goals for improvement. These should be specific, measurable, and time-bound, and should reflect the organization's overall sustainability vision and strategy.
Finally, the organization can develop and implement a plan to achieve its ESG goals. This may involve a range of activities, such as investing in new technology or infrastructure, implementing new policies or procedures, or engaging with stakeholders to build partnerships and collaborations.
Overall, the ESG Strategy Action Plan process is an important tool for organizations to improve their sustainability performance, demonstrate their commitment to sustainability to stakeholders, and create long-term value for the organization and society.
ESG Strategy Action plan Standards
There are several relevant ISO standards and other standards for an ESG (Environmental, Social, and Governance) strategy action plan processes. Some of the most important ones are: ISO 14001: Environmental management systems -- Requirements with guidance for use: This standard provides a framework for organizations to develop and implement an environmental management system (EMS) to manage their environmental responsibilities. It covers issues such as resource use, emissions, and waste management. ISO 26000: Guidance on social responsibility: This standard provides guidance on how organizations can operate in a socially responsible manner. It covers issues such as human rights, labour practices, community involvement, and consumer protection. ISO 45001: Occupational health and safety management systems -- Requirements with guidance for use: This standard provides a framework for organizations to develop and implement an occupational health and safety management system (OHSMS) to manage their occupational health and safety responsibilities. It covers issues such as hazard identification, risk assessment, and incident reporting. Global Reporting Initiative (GRI) Standards: These standards provide a framework for organizations to report on their sustainability performance. They cover issues such as governance, environmental performance, labor practices, and human rights. Task Force on Climate-related Financial Disclosures (TCFD) recommendations: These recommendations provide guidance to organizations on how to disclose their climate-related financial risks and opportunities. Sustainability Accounting Standards Board (SASB) standards: These standards provide a framework for organizations to disclose financially material sustainability information to investors. UN Global Compact Principles: These principles provide a framework for organizations to align their operations and strategies with ten universally accepted principles in the areas of human rights, labor, environment, and anti-corruption. By adopting and implementing these standards, organizations can demonstrate their commitment to sustainability, social responsibility, and ethical business practices.
Introducing SWOT
We are excited to announce that this feature is on our road map for 2023! Our team is working hard to bring this feature to Dmaze and we can't wait for you to try it out. Stay tuned for updates on it's progress.
SWOT the way we see it
SWOT analysis is a strategic planning tool that stands for Strengths, Weaknesses, Opportunities, and Threats. It is commonly used by individuals, organizations, and businesses to evaluate their current situation, identify potential areas of improvement, and develop strategies to achieve their goals.
The SWOT analysis involves examining both internal and external factors that may impact the success of a project or initiative. Strengths and weaknesses refer to the internal factors, such as the organization's resources, capabilities, and limitations, while opportunities and threats are external factors, such as market trends, competition, and economic factors.
SWOT analysis is a versatile tool that can be applied to a variety of situations, including product development, marketing campaigns, project management, and even personal development. It can help to provide a comprehensive overview of the situation, identify potential roadblocks, and facilitate decision-making by providing a clear understanding of the available options and their potential outcomes.
Overall, SWOT analysis is a useful tool for anyone looking to evaluate their situation, develop strategies, and make informed decisions.
SWOT Standards
The SWOT analysis is a strategic planning tool used to evaluate an organization's strengths, weaknesses, opportunities, and threats. While there is no specific ISO standard for SWOT analysis, there are several standards that may be relevant to the SWOT process, including: ISO 9001:2015 - Quality management systems - Requirements: This standard sets out the requirements for a quality management system and includes requirements for the planning process. It can be used as a framework for developing a SWOT analysis. ISO 31000:2018 - Risk management - Guidelines: This standard provides guidelines for risk management and includes a section on risk identification, which is an important part of the SWOT process. ISO/IEC 27001:2013 - Information technology - Security techniques - Information security management systems - Requirements: This standard sets out the requirements for an information security management system and includes requirements for risk assessment and treatment, which are relevant to the SWOT process. ISO 22301:2019 - Societal security - Business continuity management systems - Requirements: This standard sets out the requirements for a business continuity management system and includes requirements for risk assessment and business impact analysis, which are relevant to the SWOT process. ANSI/SPARC DBMS Framework: This framework provides a structured approach to designing and developing database management systems. It includes a section on requirements analysis, which is similar to the SWOT process and can be used as a reference. In summary, while there is no specific ISO standard for SWOT analysis, there are several relevant standards that can be used as a framework for developing a SWOT analysis or for ensuring that the SWOT process is conducted in a structured and effective manner.
Introducing TCFD Risk Assessment
Dmaze is the perfect solution for companies struggling to perform a comprehensive TCFD risk assessment. Our software simplifies the risk assessment process, enabling you to make informed decisions and stay ahead of potential risks.
With Dmaze, you can easily describe the assessment to be performed, identify and describe risks and existing measures, and analyze risks by placing them in one of the risk matrixes based on probability and consequence. Our software also allows you to assign probability and consequence for each risk in different time frames (0-2 years, 2-5 years, 5+ years) and financial impact categories (revenue, cost, asset value, capital, and financing).
What sets Dmaze apart is its AI function, which provides suggestions for risk treatments based on information added by the user. You can rest assured that the suggested risks and treatments are tailored to your company's specific needs.
Dmaze also categorizes each risk into TCFD categories (market, political/legal, reputation, technology, acute, chronic), helps identify who is responsible for what going forward, and offers built-in configurable workflows to ensure everything is done as agreed.
Choose Dmaze and confidently identify and manage potential risks before they become a problem. Don't leave your company's risk assessment to chance.
TCFD Risk Assessment as we see it
The TCFD (Task Force on Climate-related Financial Disclosures) was established in 2015 by the Financial Stability Board (FSB) to develop voluntary, consistent climate-related financial risk disclosures for companies. The aim is to help companies provide investors, lenders, and other stakeholders with information to assess and price climate-related risks and opportunities.
The TCFD Risk Assessment is a key part of these disclosures, and it involves identifying and analyzing climate-related risks and opportunities that may impact the company's financial performance in the short, medium, and long-term. This assessment includes both physical risks, such as extreme weather events, and transition risks, such as changes in policy, technology, or market trends that may result from the transition to a low-carbon economy.
The TCFD Risk Assessment also involves developing a risk management strategy to mitigate these risks and capitalize on the opportunities. This may include setting targets, developing policies and procedures, and allocating resources to ensure that the company is prepared for the challenges and opportunities that lie ahead.
By conducting a TCFD Risk Assessment, companies can gain a better understanding of the potential financial impact of climate-related risks and opportunities and develop a proactive approach to managing them. This can help to improve their resilience, reduce their exposure to risk, and enhance their reputation among stakeholders.
TCFD Risk Assessment Standards
The Task Force on Climate-related Financial Disclosures (TCFD) recommends that companies conduct a climate-related risk assessment as part of their risk management process. There are several relevant ISO standards and other standards that can be used as a reference for developing a TCFD risk assessment process. Here are some of the most relevant ones: ISO 31000:2018 - Risk management – Guidelines: This standard provides principles, framework, and a process for managing risk. It can be used as a foundation for developing a climate-related risk assessment process. ISO 14090:2020 - Adaptation to climate change – Principles, requirements, and guidelines: This standard provides guidance on how to develop and implement climate change adaptation strategies. It can be used to assess climate risks and develop adaptation measures. ISO 14091:2021 - Adaptation to climate change – Guidelines on vulnerability, impacts, and risk assessment: This standard provides guidelines on how to conduct a climate risk assessment, including identifying and assessing vulnerabilities, impacts, and risks related to climate change. PAS 7341:2020 - Framework for Embedding the Principles of Social Value into Organizational Decision Making: This standard provides guidance on how to embed social value into organizational decision-making processes, including risk management. It can be used to incorporate social and environmental considerations into the TCFD risk assessment process. Task Force on Climate-related Financial Disclosures (TCFD) recommendations: Although not a standard, the TCFD recommendations provide guidance on how to disclose climate-related risks and opportunities in financial reporting. Companies can use the TCFD recommendations as a reference for developing a TCFD risk assessment process. These standards and recommendations can help companies develop a systematic and comprehensive approach to climate-related risk management and reporting, which can improve transparency, accountability, and resilience in the face of climate change.