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Electric Utilities
Services Overview
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Link strategic imperatives with performance measurement
When you can see and understand how people, processes,
infrastructure and assets act together across your electric company to
affect business performance, you can respond rapidly and effectively to
whatever demands, opportunities and threats come your way. The
Jefferson
solutions can help you see and understand your entire organization in a
business context—and take action based on that holistic view. Streamline
costs, improve operational efficiencies and help eliminate redundancies
to meet your strategic goals.
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Accountability
for improved operations
The
Sarbanes-Oxley Act requirements can be an opportunity to improve and
streamline system controls, and improve real-time business process
efficiency, even beyond the scope of specific regulatory compliance.
The
Jefferson
solutions can help you take advantage of such regulation
requirements to drive performance improvements, such as:
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Providing
information visibility and analytical tools to help optimize the
balance between business performance and improved internal
controls.
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Spotlighting
executive and management accountability for performance.
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Enhancing
communications through better content delivery among internal
and external stakeholders.
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Enabling
information to be leveraged for better decision making across
the enterprise.
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Consolidating,
integrating and standardizing multiple applications and ad hoc
systems to help eliminate redundancies and reduce the cost of
supporting disparate systems.
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Balance performance with controls
Delivering consistent, improved performance and maintaining
regulatory compliance don’t have to be mutually exclusive goals. The
Jefferson
solutions for electric utilities delivers integrated processes,
enabling technology and relevant content for improved decision
making and productivity.
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Insight-driven decisions
The
Jefferson
solutions for electric utilities creates a framework that is
designed to enhance performance across the enterprise and streamline
regulatory compliance. This can provide: |
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Linkage between financial measures and
operational performance indicators.
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Improved predictive capabilities for reporting
early estimates of actual vs. budgeted performance.
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Reduced time spent on data manipulation and
reconciliation.
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Access to relevant information for faster, more
accurate decision making.
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Regulatory data and analysis, such as:
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Financial
performance
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Service
quality and reliability
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Environmental commitment
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Safety
and training
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Consistent information between the enterprise,
business units and external stakeholders.
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Reduction of ad hoc systems and reporting.
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Improved employee empowerment and
accountability.
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Simplified reporting and communication with
corporate management.
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Because employees don't have to spend time on manual
reconciliation, or sift through mountains of unrelated data, they
have more time to focus on your company’s strategic imperatives. And
they can add value beyond crunching numbers. |
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Jefferson
helps electric utility companies manage
performance
A large electric company was in a situation where conflicting
organizational priorities were preventing the corporate vision from
becoming actionable. Too much random data was hindering employees’
responsiveness. The
Jefferson
solutions helped them prioritize, be more responsive, and understand
the internal and external drivers that impact financial
measurements. Jefferson helped them achieve this by implementing:
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Selective process measures that provided key
business insights in a timelier manner.
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Prototype process models to be delivered and
analyzed.
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Recommendations for system platforms to
integrate with current IT technology infrastructure.
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Improve decision making for better returns
By combining a reduction in infrastructure and application costs
with improved productivity for IT, finance and business areas, the
Jefferson
solutions can help your employees focus on meeting your strategic
goals, saving time and money. Consolidating, integrating and
standardizing multiple applications and ad hoc systems can help
eliminate redundancies, reducing the cost of supporting disparate
systems. |
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© 2005
Jefferson Associates, Inc., All Rights Reserved.
Phone: 281.286.4000 Fax: 281.286.1048
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