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Commencing with an initial idea or corporate vision, 2m-
Our extensive experience across a range of industries and businesses enables the application of lessons learned, leading to the application of appropriate planning and implementation of best practice techniques.
Basing the review on the “7s” model of organisational structure, this ensures that the business is aligned and balanced across the key dimensions of operation and function -
The key to continued business success is to maintain a Competitive Advantage -
Many businesses create and spend time and resource creating Vision Statements and Mission Statements. Whilst these may help the business feel good about themselves, such statements are often nothing more than a loose dream, an aspiration or a distorted vision of where the business thinks it is, or where it feels it needs to be.
The Strategic Plan is subject to risk management and sensitivity analyses, thus providing a robust means to assess the probabilistic outcomes, based on the deterministic projection. A range of scenarios and approaches can be analysed and an optimum approach adapted to align with the business approach to desired outcome, attitude to risk, level of investment etc….
This structured approach provides a means to identify early warning signs should the Strategic Plan veer off course and corrective actions can be implemented at the earliest stages, thus protecting the business from misplaced expenditure or ineffective allocation of resources.
Working with the business, utilising and referring to leading best practice, verified research and proven models, 2m-
Each element in the value chain has the potential to contribute to the success of the business, and the application of activity based costing is applied to develop this strategy.
As the execution of activities turn a strategy into an operational function, all those involved in the execution of activities are directly engaged in the Strategy. Many businesses or strategic plans fail due to the inability of the business to turn the strategy into specific actions or activities….. 2m-
Common mistakes and errors in the development of Strategic Plans are that they are based on flawed assumptions in areas like costs and price -
A more appropriate approach is to develop a detailed understanding of the structure of their specific industry and the elements at work that form the opportunities to identify and maximise the Competitive Advantage.
A business cannot interrogate or define their Competitive Advantage by taking an holistic overview of the business, successful Competitive Advantage can only be optimised by detailed activity and work-
This then allows the business to understand where their value lies, and how they can protect and enhance their market position.
Whether the business is a large multi-