Picking The Right Consultant
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Picking The Right Consultant
By: Jim GitneyOver the last few years, cutbacks have significantly reduced the level of expertise in many areas. Most companies are using more and more temporary resources for their business needs in all areas of their business. This is more cost effective and provides a company the ability to strategically acquire special resources when needed. But, how do you effectively manage that process? You need to find a consulting company that has the ability to become your service provider across multiple disciplines and be with you through the entire project. All companies have outside CPA/audit firms, legal firms, insurance firms, etc. who have broad expertise in their functional disciplines. In manufacturing, operations and distribution, your company should also have …Read MoreThis entry was posted in Manufacturing and Distribution, Organizational Development, Strategy 5.0, on August 25, 2010 -
Effective Strategic Execution: Cascade
By: Jim Gitney
During a keynote address at IIR’s Balanced Scorecard Forum, Robert Kaplan, a leading international business management guru, revealed “that less than 10% of formulated strategies are executed effectively” and an international survey indicated that consistently executing strategic objectives were in the top three concerns of CEO’s and corporate boards. Kaplan also added “that it is a well know fact that organizations who have a formal strategy execution process dramatically outperform the rest”. Effectively and consistently implementing corporate strategy requires all stakeholders to be aligned to those objectives, understand their role in achieving them and be accountable for effective implementation. If your company doesn’t have a formal process, then the hard work is figuring out what one looks like. A strategic execution process must …Read MoreThis entry was posted in Business Hierarchy of Needs®, M&A, Manufacturing and Distribution, Strategy 5.0, on March 10, 2000
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