What Types of Organizations Can Use NextWave360?

We designed NextWave360 to be industry agnostic - anyone can use it and benefit from its features. A couple of points to consider:

  • Like "Microsoft Office" where you may use only one or two programs, you can use as much or as little of NW360 as you desire. Only need project tracking? Start there and use metrics, goals, & processes when and if you need them
  • Very little information is required to operate NW360. For example, you can start a project as simply as typing a title, selecting the progress, and clicking save. Use the all of the other features and fields as they make sense to you.

The above points make NextWave360 very flexible - supporting large and small organizations across a wide range of industries. Here are a few examples of how you might use NW360 for your business:

IT Organizations:

IT organizations can use NW360 in several ways. Goals may be the desired outcomes for the "client organizations" - like high level requirements. You can use metrics to measure any variety of IT metrics, and projects can be used to track (and report) status for all of the development/deployment projects being performed. If the goals then change, you'll instantly know which projects are impacted. Additionally, you may choose to use the processes in NW360 to document the business's workflow that you are trying to automate.

Operations Groups:

Ops teams generally start with the Metrics or Projects tabs of NW360.  The use the metrics to replace the MS Excel-based "dashboards" that they produce every month and use the projects tab to report on the numerous on-going projects that - in the past - required Power Point status reports on a weekly basis.  One of the best practices we've identified is for Ops teams to use the Processes tab to document their ops, repair, and maintenance processes, policies, procedures, etc. and use NW360 as an online reference with the latest procedural information.

Venture Firms & Portfolio Holding Companies:

A VC or angel investor that holds a portfolio of several different businesses has a unique problem.  How do you monitor the performance of the business WITHOUT (a) requiring frequent and time-consuming reports from the management team and (B) spending all of your time with an individual business trying to figure out what's going on?  NextWave360 is the answer to this problem.  Have each of your portfolio businesses use NW360 to report goals, metrics, and projects - giving YOU, the VC, access to the application.  This solves several issues.  It allows you to check progress without distracting the management team.  It allows you to see the performance of all of your holdings all reported in the same format.  And finally, it helps you identify when businesses don't have goals tied to metrics, metrics tied to projects, or projects that are off-plan.