Lost in Translation: The Missing Link in Strategy ExecutionInsight Experience
Abstract: Too often, leaders craft smart strategies and then are disappointed by their results. The problem lies not within the strategy itself, but how it is interpreted and operationalized. Learn how to develop leaders, at every level in your organization, to use their cognitive and interpersonal skills to translate strategies into clear direction and aligned action.
Lost in Translation: The Missing Link in Strategy ExecutionInsight Experience
Abstract: Too often, leaders craft smart strategies and then are disappointed by their results. The problem lies not within the strategy itself, but how it is interpreted and operationalized. Learn how to develop leaders, at every level in your organization, to use their cognitive and interpersonal skills to translate strategies into clear direction and aligned action.
Deploying Hoshin Kanri as a Competitive WeaponGrant Crow
This presentation evaluates the Hoshin Kanri concept, what it is, how it works, what can go wrong and how to make Hoshin really work.
Slide 3: Most people familiar with Hoshin Kanri will know that it translates from Japanese into a "Vision Compass". More importantly, Hoshin is gaining traction due to its recognition of the need to link direction (strategy formulation) with management (implementation).
Slide 4: A key feature of Hoshin Kanri is the concept of Breakthrough Objectives. The concept encourages aggressive objectives together with a structured method for cascading these and breaking them down into manageable pieces.
Slides 5 and 6 address common responses from executives one might encounter when trying to introduce Hoshin Kanri together with the symptoms suggesting that Hoshin Planning is required. The symptoms listed will strike a chord with many readers and represent the product of poor strategy execution.
Slide 8 identifies some of the many leading organizations using Hoshin as their strategy execution methodology. The majority of organizations that we at i-nexus are talking to (particularly in the USA) are either considering implementing Hoshin Kanri or have already made a start.
Slide 9 identifies the value of having a strong strategy execution system by tracking share price performance.
Slides 11 and 12 introduce the link between Hoshin Kanri, and in particular the X matrix concept, and Balanced Scorecards. The traditional Balanced Scorecard clearly introduced value by looking at business metrics from more than purely a financial perspective. In contrast however, the X matrix is a far more robust tool for supporting strategy implementation. The various faces of the X matrix (South, West, North and East) detail the WHAT, HOW FAR, HOW and HOW MUCH of the strategy. Having said that, the X matrix is by no means universally popular as a Hoshin tool and is regarded by some CEO's as too complex. It is clearly a tool more likely to provide value in organizations that are more mature in their strategy execution journey.
Slide 13 shows an example of how the i-nexus software supports both the Hoshin X matrix and Scorecards.
Slide 15 identifies the critical role of the bowling chart in linking between the X matrix and action plans and its use a key management tool to track achievement and lack thereof against goals.
Slide 17 identifies "culture change" as a key barrier to effective Hoshin. Many of our customers do find that the greater transparency achieved with i-nexus can be seen as a threat. This needs to be managed carefully with problems (red traffic lights) seen as discussion points rather than failure.
Slide 22 provides an example of an A3 report. Many i-nexus customers find visual management of progress to be key to obtaining commitment to Hoshin.
Finally slide 24 looks at the value of Hoshin countermeasures in enabling early identification and resolution of barriers to progress.
Project management and its strategic importanceabhianvbansal
Project management is important because it ensures what is being delivered, is right, and will deliver real value against the business opportunity. Every client has strategic goals and the projects that we do for them advance those goals. ... But a project manager will ensure that the project is part of that realignment. This ppt is for project management and if you find this ppt useful please do like share comment. Thankyou
Overview of Strategy Execution Management - Vision without Execution - The Ha...Tom Willingham
Welcome to an Overview of Strategy Execution Management and the KeyneLink Process. We’ve spent over a decade working with our Partners at KeyneInsight to understand what it takes to build an organization that consistently executes its Strategy year-after-year.
Unfortunately, the odds are stacked against most organizations. We’ve found that:
1. Every organization has an “execution management system” but doesn’t know what it is.
2. People who’ve never had to be accountable for results are scared of the thought.
3. Many individuals value the status quo of being left alone and not challenged.
4. Most businesses would disagree when challenged about their Execution...it’s like challenging whether or not they have “Integrity”.
There are two types of activities found in organizations:
1. Activities that move an organization forward
2. Day-to-Day activities of running the business
Without a system in place, the Day-to-Day activities take priority and consume employee’s time.
Your organization may or may not be ready to improve its Execution and establish Strategy Execution Management as a core competency, but this topic needs to be on your radar. So enjoy the education being shared with you today.
Strategy Planning and Deployment Process Training ModuleFrank-G. Adler
The Strategy Planning and Deployment Training Module v6.0 includes:
1. MS PowerPoint Presentation including 97 slides covering our Strategy Planning and Deployment Process using Strategy Maps and Hoshin Kanri, including Introduction to Strategy Planning, Organizing the Process, Current State Analysis (CSA), Strategic Vision Elements, Strategic Breakthrough Objectives, Strategy Maps, Strategic Initiatives and Tactics, Strategy Deployment Matrix, and Strategy Implementation and Review.
2. MS Excel Templates for Annual Planning, Criticality Analysis, Force Field Analysis, Radar Gap Analysis Chart, Strategy Grid Alignment Matrix, Strategy Grid Correlation Matrix, Project Selection Matrix, Bowling Chart, and Strategy Implementation Review Table.
3. MS Word Current State Analysis (CSA) Questionnaire
4. MS Excel Hoshin Kanri Strategy Deployment X-Matrix Template
This article presents the Strategy Execution Model– a comprehensive management model that allows managers to master one of the greatest management challenges – successfully implementing strategies. The powerful framework incorporates 18 success factors that are related to the strategy, its execution, mobilizing the people, aligning the organization and building systems to monitor and control the execution. Collectively, these tools help organizations plan and execute their strategies but also monitor, learn and adapt their strategy and its execution to achieve sustainable organizational success.
The paper explains what is meant by Strategy Deployment, distinguishing between the aspects of alignment and engagement. It anchors the theory and practice in both Strategic Thinking and Lean Thinking
Developing Contracts That Fit Your Needs: The Commercial FrameworkAli Zeeshan
For other Informa Webinars: http://www.informa-mea.com/webinars
To view recording: https://youtu.be/M3Spo18Jo30 or watch the video at end of the slide
Many businessmen and women see contracts as legal documents, but a healthier approach is to see them as business documents which must be written the right way if they are to be legally enforceable. For many of us, therefore, leaving the contracts to the lawyers means that we miss an opportunity to have a contract which can be used as a working document which prevents problems with suppliers and customers. This webinar explains an approach which can be used to ensure that contracts prevent problems from occurring, or fully prescribe your rights and remedies should things go wrong.
About the Presenter:
Eric Evans has held Director level positions in the automotive, retail, fast moving consumer goods and healthcare sectors. He is the author of three books on procurement and negotiation, and a speaker on MBA programmes across Europe and the Gulf region.
As a management consultant, he has delivered improvement programmes in demand management and inventory management, and has coached organisations as they implement collaborative replenishment and customer-led approaches to demand management.
I have used this presentation to help small companies get an understanding how to setup a strategy that is user friendly and can apply to their project model
The Total Economic Impact Of An Innovation Program Driven by SpigitAJ Kennedy
Spigit provides enterprise innovation software and support services that help its customers stand up and manage enterprise innovation programs. Spigit commissioned Forrester Consulting to conduct a Total Economic ImpactTM (TEI) study and examine the potential return on investment (ROI) enterprises may realize by deploying its platform and leveraging its implementation, training, and strategy services as part of a broader innovation program. The purpose of this study is to provide readers with a framework to evaluate the potential financial impact of an innovation program with Spigit as its foundation.
Strategic Planning, Execution Frameworks & Organizational Health – Executive Summary
There are many frameworks and components for strategic management, planning, and execution; like a Ferrari, a BMW, or a Volkswagen, they all do the job – just differently. Ultimately, every business needs to answer some key questions:
Where are we? Where are we going? How do we get there? How are we doing? How do we function effectively? How can we influence what we cannot control? How should we appear to Customers (BtoB, BtoC)? How do we look to our investors? How do we look to our workforce? How do we sustain, and continuously learn & improve? What must we excel at to satisfy stakeholders? How do we become The Employer of Choice, and the Provider of Choice in the markets we serve?
Led by an internal team (which frequently includes the CEO, CFO, COO, CHRO, sales & marketing, IT/IS, and other represented disciplines), and sometimes also key stakeholders (customers, suppliers), the output is practical & tactical, helping to enable sterling execution & organizational health.
Strategic management is a method by which leaders conceive of and implement a strategy that leads to a sustainable competitive advantage.
Strategic planning is a systematic, organizational effort that includes initial assessment, thorough analysis, strategy formulation, its implementation and evaluation, leading to the achievement of business goals, and competitive advantage. Continuous improvement / continuous learning includes benchmarking, best practices, change management, and performance excellence. Input frequently comes from senior management, and may also come from lead investors, the workforce, key customers, suppliers, and distributors.
Execution frameworks help align the organization’s talent, organizational structure, programs, projects, tasks, processes, and technology, to ensure strategy is executed on time, on budget, as required, meeting (and exceeding) business goals. In many instances, an execution framework has few strategic objectives, numerous (enabling) tactical initiatives, measures, and targets, plans operations, monitors and learns, validates & adapts, supported by budget & resources.
Organizational health is about making a company function effectively by building a cohesive leadership team, establishing real clarity among those leaders, communicating that clarity to everyone within the organization, and putting in place enough structure to reinforce that clarity going forward, and aligning rewards, metrics, and resources.
This presentation was part of a workshop held at Arvetica. It is a general introduction to strategic thinking for those unfamiliar with the field and guides through the schools of strategic thinking, gives a better understanding of dateless strategy icons and management gurus of our time. Learn how their ideas apply to your business setting and your daily work in order to improve your strategic performance.
Sme strategy half day strategic planning workshops offsitesAnthony C Taylor
Dedicating time to have your team discuss about the future strategy and the direction of your organization is vital to stay aligned to your vision and be effective day to day. SME Strategy facilitates these discussions with flat fee half day sessions. These sessions include all topics relevant to a strategic plan including: Vision, mission, values, stakeholder engagement, organizational capacity, and much more. Learn more at: http://www.smestrategy.net/strategic-planning-workshop-vancouver
Deploying Hoshin Kanri as a Competitive WeaponGrant Crow
This presentation evaluates the Hoshin Kanri concept, what it is, how it works, what can go wrong and how to make Hoshin really work.
Slide 3: Most people familiar with Hoshin Kanri will know that it translates from Japanese into a "Vision Compass". More importantly, Hoshin is gaining traction due to its recognition of the need to link direction (strategy formulation) with management (implementation).
Slide 4: A key feature of Hoshin Kanri is the concept of Breakthrough Objectives. The concept encourages aggressive objectives together with a structured method for cascading these and breaking them down into manageable pieces.
Slides 5 and 6 address common responses from executives one might encounter when trying to introduce Hoshin Kanri together with the symptoms suggesting that Hoshin Planning is required. The symptoms listed will strike a chord with many readers and represent the product of poor strategy execution.
Slide 8 identifies some of the many leading organizations using Hoshin as their strategy execution methodology. The majority of organizations that we at i-nexus are talking to (particularly in the USA) are either considering implementing Hoshin Kanri or have already made a start.
Slide 9 identifies the value of having a strong strategy execution system by tracking share price performance.
Slides 11 and 12 introduce the link between Hoshin Kanri, and in particular the X matrix concept, and Balanced Scorecards. The traditional Balanced Scorecard clearly introduced value by looking at business metrics from more than purely a financial perspective. In contrast however, the X matrix is a far more robust tool for supporting strategy implementation. The various faces of the X matrix (South, West, North and East) detail the WHAT, HOW FAR, HOW and HOW MUCH of the strategy. Having said that, the X matrix is by no means universally popular as a Hoshin tool and is regarded by some CEO's as too complex. It is clearly a tool more likely to provide value in organizations that are more mature in their strategy execution journey.
Slide 13 shows an example of how the i-nexus software supports both the Hoshin X matrix and Scorecards.
Slide 15 identifies the critical role of the bowling chart in linking between the X matrix and action plans and its use a key management tool to track achievement and lack thereof against goals.
Slide 17 identifies "culture change" as a key barrier to effective Hoshin. Many of our customers do find that the greater transparency achieved with i-nexus can be seen as a threat. This needs to be managed carefully with problems (red traffic lights) seen as discussion points rather than failure.
Slide 22 provides an example of an A3 report. Many i-nexus customers find visual management of progress to be key to obtaining commitment to Hoshin.
Finally slide 24 looks at the value of Hoshin countermeasures in enabling early identification and resolution of barriers to progress.
Project management and its strategic importanceabhianvbansal
Project management is important because it ensures what is being delivered, is right, and will deliver real value against the business opportunity. Every client has strategic goals and the projects that we do for them advance those goals. ... But a project manager will ensure that the project is part of that realignment. This ppt is for project management and if you find this ppt useful please do like share comment. Thankyou
Overview of Strategy Execution Management - Vision without Execution - The Ha...Tom Willingham
Welcome to an Overview of Strategy Execution Management and the KeyneLink Process. We’ve spent over a decade working with our Partners at KeyneInsight to understand what it takes to build an organization that consistently executes its Strategy year-after-year.
Unfortunately, the odds are stacked against most organizations. We’ve found that:
1. Every organization has an “execution management system” but doesn’t know what it is.
2. People who’ve never had to be accountable for results are scared of the thought.
3. Many individuals value the status quo of being left alone and not challenged.
4. Most businesses would disagree when challenged about their Execution...it’s like challenging whether or not they have “Integrity”.
There are two types of activities found in organizations:
1. Activities that move an organization forward
2. Day-to-Day activities of running the business
Without a system in place, the Day-to-Day activities take priority and consume employee’s time.
Your organization may or may not be ready to improve its Execution and establish Strategy Execution Management as a core competency, but this topic needs to be on your radar. So enjoy the education being shared with you today.
Strategy Planning and Deployment Process Training ModuleFrank-G. Adler
The Strategy Planning and Deployment Training Module v6.0 includes:
1. MS PowerPoint Presentation including 97 slides covering our Strategy Planning and Deployment Process using Strategy Maps and Hoshin Kanri, including Introduction to Strategy Planning, Organizing the Process, Current State Analysis (CSA), Strategic Vision Elements, Strategic Breakthrough Objectives, Strategy Maps, Strategic Initiatives and Tactics, Strategy Deployment Matrix, and Strategy Implementation and Review.
2. MS Excel Templates for Annual Planning, Criticality Analysis, Force Field Analysis, Radar Gap Analysis Chart, Strategy Grid Alignment Matrix, Strategy Grid Correlation Matrix, Project Selection Matrix, Bowling Chart, and Strategy Implementation Review Table.
3. MS Word Current State Analysis (CSA) Questionnaire
4. MS Excel Hoshin Kanri Strategy Deployment X-Matrix Template
This article presents the Strategy Execution Model– a comprehensive management model that allows managers to master one of the greatest management challenges – successfully implementing strategies. The powerful framework incorporates 18 success factors that are related to the strategy, its execution, mobilizing the people, aligning the organization and building systems to monitor and control the execution. Collectively, these tools help organizations plan and execute their strategies but also monitor, learn and adapt their strategy and its execution to achieve sustainable organizational success.
The paper explains what is meant by Strategy Deployment, distinguishing between the aspects of alignment and engagement. It anchors the theory and practice in both Strategic Thinking and Lean Thinking
Developing Contracts That Fit Your Needs: The Commercial FrameworkAli Zeeshan
For other Informa Webinars: http://www.informa-mea.com/webinars
To view recording: https://youtu.be/M3Spo18Jo30 or watch the video at end of the slide
Many businessmen and women see contracts as legal documents, but a healthier approach is to see them as business documents which must be written the right way if they are to be legally enforceable. For many of us, therefore, leaving the contracts to the lawyers means that we miss an opportunity to have a contract which can be used as a working document which prevents problems with suppliers and customers. This webinar explains an approach which can be used to ensure that contracts prevent problems from occurring, or fully prescribe your rights and remedies should things go wrong.
About the Presenter:
Eric Evans has held Director level positions in the automotive, retail, fast moving consumer goods and healthcare sectors. He is the author of three books on procurement and negotiation, and a speaker on MBA programmes across Europe and the Gulf region.
As a management consultant, he has delivered improvement programmes in demand management and inventory management, and has coached organisations as they implement collaborative replenishment and customer-led approaches to demand management.
I have used this presentation to help small companies get an understanding how to setup a strategy that is user friendly and can apply to their project model
The Total Economic Impact Of An Innovation Program Driven by SpigitAJ Kennedy
Spigit provides enterprise innovation software and support services that help its customers stand up and manage enterprise innovation programs. Spigit commissioned Forrester Consulting to conduct a Total Economic ImpactTM (TEI) study and examine the potential return on investment (ROI) enterprises may realize by deploying its platform and leveraging its implementation, training, and strategy services as part of a broader innovation program. The purpose of this study is to provide readers with a framework to evaluate the potential financial impact of an innovation program with Spigit as its foundation.
Strategic Planning, Execution Frameworks & Organizational Health – Executive Summary
There are many frameworks and components for strategic management, planning, and execution; like a Ferrari, a BMW, or a Volkswagen, they all do the job – just differently. Ultimately, every business needs to answer some key questions:
Where are we? Where are we going? How do we get there? How are we doing? How do we function effectively? How can we influence what we cannot control? How should we appear to Customers (BtoB, BtoC)? How do we look to our investors? How do we look to our workforce? How do we sustain, and continuously learn & improve? What must we excel at to satisfy stakeholders? How do we become The Employer of Choice, and the Provider of Choice in the markets we serve?
Led by an internal team (which frequently includes the CEO, CFO, COO, CHRO, sales & marketing, IT/IS, and other represented disciplines), and sometimes also key stakeholders (customers, suppliers), the output is practical & tactical, helping to enable sterling execution & organizational health.
Strategic management is a method by which leaders conceive of and implement a strategy that leads to a sustainable competitive advantage.
Strategic planning is a systematic, organizational effort that includes initial assessment, thorough analysis, strategy formulation, its implementation and evaluation, leading to the achievement of business goals, and competitive advantage. Continuous improvement / continuous learning includes benchmarking, best practices, change management, and performance excellence. Input frequently comes from senior management, and may also come from lead investors, the workforce, key customers, suppliers, and distributors.
Execution frameworks help align the organization’s talent, organizational structure, programs, projects, tasks, processes, and technology, to ensure strategy is executed on time, on budget, as required, meeting (and exceeding) business goals. In many instances, an execution framework has few strategic objectives, numerous (enabling) tactical initiatives, measures, and targets, plans operations, monitors and learns, validates & adapts, supported by budget & resources.
Organizational health is about making a company function effectively by building a cohesive leadership team, establishing real clarity among those leaders, communicating that clarity to everyone within the organization, and putting in place enough structure to reinforce that clarity going forward, and aligning rewards, metrics, and resources.
This presentation was part of a workshop held at Arvetica. It is a general introduction to strategic thinking for those unfamiliar with the field and guides through the schools of strategic thinking, gives a better understanding of dateless strategy icons and management gurus of our time. Learn how their ideas apply to your business setting and your daily work in order to improve your strategic performance.
Sme strategy half day strategic planning workshops offsitesAnthony C Taylor
Dedicating time to have your team discuss about the future strategy and the direction of your organization is vital to stay aligned to your vision and be effective day to day. SME Strategy facilitates these discussions with flat fee half day sessions. These sessions include all topics relevant to a strategic plan including: Vision, mission, values, stakeholder engagement, organizational capacity, and much more. Learn more at: http://www.smestrategy.net/strategic-planning-workshop-vancouver
Multi-network Solutions in the Real World at AfricaCast 2013Verimatrix
Proactive Digitalisation Strategies to Maximise Revenue Growth
Illustrating how African payTV operators and broadcasters can lay the foundations for subscriber and revenue growth during this period of digitalisation through innovative multi-network deployment strategies.
This informative and interactive lunch session focussed on the new opportunities for operators to introduce video services that have historically not been possible. The discussion included the effect of the economic growth factors across Africa and particularly Sub-Saharan Africa, which is providing increased disposable income to the general population, current developments in creating a next-generation, IP-based network, and the opportunities to offer and monetise multi-screen services.
Multi-network Solutions in the Real World Forum at Convergence IndiaVerimatrix
"How the Cloud is Driving Multi-screen Revenue" - With the analog-to-digital transition well underway, Indian service providers are looking to leverage their digital infrastructure to increase ARPU and loyalty with existing subscribers, while also growing their business via new customers. Many are investigating cloud-based media delivery, which is gaining lots of attention because of the promise of cost savings, flexibility, scalability - and the generation of new revenue streams.
During this forum, Vidya Nath from Frost & Sullivan presented how operators can best take advantage of the cloud to deploy next-generation hybrid TV services. GD Singh of DigiVive followed up with their approach to leveraging cloud-based services.
Strategic plans are prepared at different levels using different approaches, but the ones mentioned below are 5 important elements of a good strategic plan.
Strategic Thinking and Repositioning Day1Timothy Wooi
This 2 day hand-on practical program consisting of 5 parts is specially designed to focus on creating stretch and inter-connectedness
PART A: INTRODUCTION TO STRATEGIC THINKING
Strategic Thinking Versus Strategic Planning
Strategic Management Process
The Purpose of Vision and Mission
(Team Activity)
PART B: THE BEGINNING OF THE STRATEGIC FORMULATION JOURNEY
Auditing General Environmental Influences
Thinking Tool for External Evaluation
(Team Activity)
PART C: EXPLORING THE INTERNAL ENVIRONMENT
Resources, Capabilities and Competencies
Thinking Tool for Internal Evaluation
(Team Activity)
PART D: EXPLORING CURRENT STRATEGIES
Value Chain and Activity Chain Analysis
Using SWOT - How comprehensive are our
current strategies?
Relevancy of Structural Analysis
Customer Intelligences
(Team Activity)
PART E: LATERAL THINKING WITH STRATEGIC POSSIBILITIES
Concept of Value Pioneering
Lack of strategic thinking by management staffs has been identified as a major shortcoming in organisations. Concepts in management and psychology had been drawn and used to remedy this situation.
Strategic thinking needs to be addressed at two different levels:
the individual level and
the organisational level.
Organisations that successfully integrate strategic thinking at these two levels will create a critical core competency that forms the basis of an enduring competitive advantage.
Leadership seminar presentation - Daniel IlungaDaniel Ilunga
This presentation is about what strategic planning is and what its value is to the organisation based on the model suggested by Goodstein et al. (1993 & 2008)
Project prioritization becomes more strategici-nexus
Very few organizations have the luxury of committing to a range of projects without having an effective way of prioritizing these. One could argue that this issue is more likely to be experienced by organizations that are relatively immature in their operational excellence or strategy execution journey. We’re not necessarily finding that. As companies continue to look to cut waste, improve efficiencies and improve the effectiveness of their strategy processes, project prioritization has become a hot topic.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
The key differences between the MDR and IVDR in the EUAllensmith572606
In the European Union (EU), two significant regulations have been introduced to enhance the safety and effectiveness of medical devices – the In Vitro Diagnostic Regulation (IVDR) and the Medical Device Regulation (MDR).
https://mavenprofserv.com/comparison-and-highlighting-of-the-key-differences-between-the-mdr-and-ivdr-in-the-eu/
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
Buy Verified PayPal Account | Buy Google 5 Star Reviewsusawebmarket
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Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
5 Things You Need To Know Before Hiring a Videographer
12 step Strategic Management Cycle
1. All rights reserved. Copyright 2011@ Canopus Business Management Group
www.collaborat.com | +91 4442851080
12 Step Strategic Management Cycle
Management of Strategies is a vicious cycle. Most organizations aggressively start them
and progress till they hit execution roadblocks, they stumble and quit. By then, its time
for the year’s performance evaluation so they scramble and fire fight to achieve their
goals.
12 Step Strategic Management Cycle is a comprehensive approach that leverages the
principles of Hoshin Kanri and Blue Ocean Strategy. 12 steps mentioned below are
followed sequentially, but many of them can be initiated concurrently.
1) Current Performance Assessment
Strategic management process of the coming year commences with a stock-taking
exercise of current year’s performance. Most of information relating to current
performance will be readily available, but the purpose of this exercise isn’t mere stock-
taking. It goes beyond that to understand the lessons learned from current year,
variation in performance and reasons for it. Therefore this exercise is reflective in
nature.
2) Internal Environment Scanning
Internal environment plays a very critical role in our success. Quite often, leaders take
internal challenges for granted. They feel that they can push their way through. Internal
scanning is aimed at understanding changes in competencies/skills, mindsets, business
models, associate satisfaction, attrition reasons, technological/infrastructure barriers,
etc. Best way to scan the internal environment is through information research,
interviews and focus group discussions.
2. All rights reserved. Copyright 2011@ Canopus Business Management Group
www.collaborat.com | +91 4442851080
3) External Environment Scanning
External environment plays an equally critical role in our success. Scanning of external
environment is an evolved task in many organizations. There are industry research
bodies, market subject matter experts, analyst reports, secondary information research
information, commissioned studies undertaken by the organizations, etc. The only point
I wish to highlight is the the voice of customers and more importantly the voice of non-
customers.
4) SWOT Creation/Updation
SWOT is probably one of the oldest management tools. It is simple yet powerful. But it’s
also the most abused tool. When I ask leaders to update their SWOTs, they avoid and
prefer to delegate. But when I insist, they reluctantly get involved. In reality, the quality
of SWOTs are unbearable. Most SWOTs are nothing but a journal of accomplishments
and perceptions. But a good SWOT should be factual, frequently updated (at least
yearly) and should be prepared with involvement for all stakeholders.
5) Goals Pre-work
Organizational goals have to be comprehensive and quantitative in nature. A facilitator
plays a critical role in conducting pre-work exercise. Potential candidates for goals are
collated, grouped, prioritized and selected through consensus.
6) Goals & Strategies Formulation
The real truth about most strategic plans is that there are no real strategies. Goals and
strategies are interchangeably used. A good strategic plan should have 3~5 unique
strategies derived from SWOT. Strategies answer the ‘How’ part and not the ‘What’.
7) Ownership
When goals are finalized, unique owners for each goal are also to be assigned. What
differentiates between organizations that are successful with execution and others is
their ability to create Individual Ownership and Shared Accountability (IOSA) in
delivering organizational goals. ‘Catch-ball’ mechanism is a method adapted in Hoshin
Kanri approach to drive this joint accountability for goals.
8)Strategic Projects Identification
Strategic Initiatives aka Strategic Projects are nothing but the most important projects
that are require sponsorship to achieve specific stretch goals. So it starts with identifying
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stretch goals that cannot be accomplished by business-as-usual(BAU) means. These
are good candidates for strategic projects. It is critical to ascertain ownership, measures
of success, duration and sufficient sponsorship for each strategic project. Thus
organizations are recommended to choose and run only a limited number of strategic
projects. Those which don’t qualify to become strategic projects go into parking lot and
are pursued in FIFO (First In First Out) approach. Prioritized strategic projects are
funded, sponsored and resourced the most.
9) Cascading of Strategies
Strategies needs to be cascaded to grass-root level and this happens through
deployment of strategic plans. Enterprise Strategic Plan needs to be cascaded to
Organizational Strategic Plan (Business Unit level) and further to Functional Strategic
Plan. Usually, most organizations cascade goals and metrics using Balance Score Card
approach, but goals are only one aspect of strategy deployment.
10) Weekly Progress Meeting
The leader of each strategic project has a project plan. He/She forms a cross functional
team. Weekly progress meetings are chaired by the respective project leaders and are
meant to take stock of task level progress, identification of bottlenecks, resource
constraints and new ideas. The success of any organizational strategy execution
resides in the diligence to these routines by the strategic teams.
11) Monthly Strategic Reviews
Monthly strategic reviews are conducted by the Senior Leadership Team that created
the Strategic Plans where they review the progress of each strategic project as leader of
each project makes a presentation. This forum addresses issues relating to conflict of
interest, participation issues, priority setting, etc.
12) Quarterly Strategic Reviews
This is the time to reflect. A quarter is good enough a period to validate if the existing
strategies and strategic projects are still relevant with respect to the dynamic internal
and external environment. If some of them needs to be changed/dropped/added, then
those decisions are taken in this meeting. Further formal closures of successfully
completed strategic projects and kick-offs of new ones from the parking lot. Thus this
meeting acts as the fountainhead of strategic direction for any organization.
Unfortunately the agenda for quarterly strategic reviews of many organizations is
grossly off these objectives.
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Finally, there are no approaches that fits all organizations. Depending on organizational
culture, existing practices, leadership bandwidth, etc., its best to align the 12 step
approach to organizational practices to create maximum buy-in and minimum chaos.
Access free assessment tool on to evaluate Strategic Planning & Execution
Capability of your organization:
http://www.collaborat.com/resources/evaluation-survey-of-strategic-planning-execution-
capability/
About the Author:
Neil started Canopus Business Management Group in 2009.
He helps a range of large enterprises in services and manufacturing, with particular emphasis on
execution of business & functional strategies, customer experience & process transformation. He
has worked with banking, outsourcing, IT, discrete manufacturing & telecom business processes.
He draws on extensive experience (15 years) in Hoshin Kanri, Blue Ocean Strategy, Lean, Six
Sigma, Outsourcing, Change Management and Touch point Management to deliver composite solutions that put
client’s business in an Advantageous & Profitable position.
Client engagements aim at eliminating the barriers for seamless execution of strategies, carpet bombing customer
touch points, diagnostic interventions on customer churn & retention and implementation of transformational
projects.
He can be reached at neil@collaborat.com or +91 9176616766.