Metrics-Based Strategic Planning
At various stages throughout an organization’s development, it is crucial to revisit the vision for the future. This provides a renewed direction or simply re-validates the strength of the current plan.
Engaging in a planning process prioritizes effort, guides and directs your leadership team and employees and demonstrates to customers, partners, and other stakeholders your business is astute, focused and committed to advancement.
Investing in this process is essential for any organization that truly is committed to thriving in the marketplace.
Deepen Organizational Vision, Values & Culture
Building a culture around organizational values must be driven by leadership, communicated, embraced and lived daily. Building and implementing an action plan to deepen and solidify your organizational values will improve commitment and in turn, positively impact your bottom line.
SWOT & PESTLE Analysis
A SWOT (Strengths, Weaknesses, Opportunities & Threats) Analysis provides insight into an organization’s internal environment identifying its strengths and weaknesses and offers perspectives into the external environment and potential opportunities and threats. A PESTLE analysis dives deeper into the external environment, seeking feedback as it pertains to political, economic, social, technological, legal and environmental opportunities and threats.
Engaging key leadership, employees, board members, partners and other stakeholders in this process provides insights and generates common themes not otherwise enlisted through typical operational functions.
Investing the time and energy to uncover operational roadblocks, barriers, and ineffective or missing resources within the organization is critical to establishing a roadmap of success. Leadership teams together with analysis insights can generate amazing ideas, solutions, and exciting possibilities that re-energize and ignite action.
Key Performance Indicator (KPI) Development
Organizations that grow and expand are not simply reviewing bottom-line performance but evaluating inventory delays or loss, customer satisfaction and feedback, employee complaints and management shortfalls and making small adjustments or major interventions consistently. They are in tune and manage their outcomes.
KPIs aligned with strategic initiatives provide the feedback leadership and employees need to determine if their actions are having an impact. Being able to create KPIs, and constructing methods for collecting and evaluating the results is the first step in unraveling and investigating influencers that impact the outcome and is essential for any continuous improvement effort.
Benchmarking & Evaluation Tools and Methods
Using industry standards, comparing indicators to the competition, or simply striving to exceed your organization’s personal best drives action. Human beings are by nature competitive, but without a guidepost, no one knows where or how hard to aim.
Without data, analysis, evaluation, tools, and methods, organizations end up aiming in too many directions.
Building key evaluation tools is critical for success, it provides your leadership teams and employees a common understanding of performance expectations and with productive communication and improvement initiatives it will lead to deeper commitment and clearer direction for what success is.