We are proud to announce that we have released the first new LATO version for the year 2018.
Major improvements among other improvements are:
LATO Autumn 2017 major Web app release will introduce new Animated Dashboards among other improvements.
Our goal is to improve Leadership Experience of users by adding new dynamic and lively dashboards. We add fun and intuition into LATO by enabling use of animated dashboards when following, discussing and reviewing strategy and action plan proceedings.
See first preview video below of what is coming out soon.
Animated Dashboard views will be delivered embedded with traditional reports and people based views. We are more than happy to give you personal video demo, so please contact email@example.com!
We are happy to announce that LATO Strategy Tool is now present at Oracle Cloud Marketplace. It is a digital marketplace for Oracle Partner Network (OPN) products and services.
“After completing the review and approval process with Oracle Product Management team we have a better reach to our market.” states LATO product owner Onni Matti Manninen “It is a pleasure to bring our fresh and innovative SaaS offering easier available for huge Oracle customer audience.”
Tools such as ERP designed for old world will not be fit for purpose going into the future. The purpose of the ERP was to automate the cheapest tasks and jobs in the company – the next 10 years will see the digitalization of the most expensive but unnecessary work.
Human resource will partly be replaced with Human Capital, with the task of self leadership as well as leading people and tasks. Manager no longer controls every aspect of work, these will increasingly be delegated.
Side by side with User Experience, UX, will be Leadership Experience, LX. How control brings freedom, reporting is done without reports, and besides numbers you are now in full control of progress of tasks and employees commitment to those.
With the help of LATO each and every employee will lead his/her own work and report real time into the cloud. The task of the leader is to know and make decisions based on the real time information. What you don’t know you cannot lead. When you know, the forecast will become a commitment to succeed and help will be given to those who need it.
LATO LX will make leadership professional, fast and fun for the winning team. Lead yourself, lead things and lead teams with goals and KPI’s, whenever and wherever.
Increase your velocity
Most of the companies we come across have a good enough or great strategy. It summarizes the journey getting from A to B, and the expected outcome. In many cases all of the management team is in violent agreement that this is exactly what we need to do. But, more often than not is seems like actual execution of the strategy is more like death by thousand cuts than smooth sailing. This is because the plan is not cascaded and delegated to relevant shareholders, and sometimes even not communicated as it should be. If you do this, go from having a plan to making it executable, you will find out that the trip from A to B becomes more predictable and you’ll get to B faster than you had ever hoped for.
Get people onboard and working together
The only way you can make progress with your strategy is having people motivated to move the needle. Everyone is busy, with too much to do, so you must find a way to merge the daily grind with the strategy. If the employee feels like strategic items are ‘yet another thing I ought to be doing’ it is fairly certain that they end up getting done late and not in desired quality. If however the daily work gets merged with strategic items, contributing to individual, team and company goals, the motivation to do them will shoot up and suddenly people are geared up and driving the strategy forward. When this is accompanied with healthy dialogue about the goals and actions in the organization, the train of progress becomes an unstoppable force.
Remove grey areas and wishful thinking
Part of the problem of not moving the needle fast enough, far enough, is the ambiguity in goal setting. And not necessarily in setting the goal itself, but the Key Performance Indicators (KPIs) that make the goals measurable. If you can’t measure you can’t improve may be a worn expression, but in reaching the goals it is the crucial ingredient. Once during an onboarding, a CEO told me that ‘when we do it like this, the goals become ‘frighteningly concrete’. Getting clarity and precision with KPIs must surely be a good thing, helping to drive the whole agenda as needed.
Get serious, get digital
Too much talk these days revolves around digitalization. That said, when put in the right context, combined with the results from various studies that Millennials form the majority of workforce by 2020 and have little desire to stick around if they are not treated right, will force us to seriously consider any and all means to make work more motivating and transparent. In the case of strategy execution, the answer is obvious – stop doing it top-down and using outdated means and get digital, fast. LATO has a tried and tested answer how a digital tool can become a command center of your execution, as evidenced by nearly 100 customers, so do give us a call and let’s talk more!