Tag: Strategic Planning
How Business Consulting Can Transform Your Company
How Business Consulting Can Transform Your Company Business consultants provide invaluable services that enable businesses to address many types of issues and find solutions. Their help may include restructuring operations, increasing revenue or compensation growth, revising processes, meeting training needs or any number of other aspects. A good consultant must be able to focus on…
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How to Create a Strategic Plan for Your Business
How to Create a Strategic Plan for Your Business Strategic planning goes far beyond setting lofty goals; it involves devising ways to accomplish them. This often includes analyzing long-term external forces and meeting regularly (perhaps quarterly) to adapt your plan as necessary. You can start by outlining a road map of critical actions that will…
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Hoshin Kanri: Strategic Planning Made Simple
Hoshin Kanri, a management methodology originating from Japan, is gaining popularity worldwide for its effectiveness in aligning strategic goals with daily operations. This methodology provides managers with practical tactics for strategy deployment and improvement initiatives. This structured approach, known as a strategic plan, provides organizations with a framework to achieve their objectives by promoting cross-functional…
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The Importance of Analytical Skills for a Chief Financial Officer
The Importance of Analytical Skills for a Chief Financial Officer CFOs require strong analytical skills to help manage budgets, produce financial reports, and make sound investment decisions. This includes identifying data trends, issues, and opportunities and using that information to drive operational decision-making. Analytical skills are also necessary for reviewing and analyzing financial statements to…
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The Role of a Chief Executive Officer in Strategic Planning
The Role of a Chief Executive Officer in Strategic Planning Many CEOs believe a company’s success depends on a clear and concise strategy. But they often fail to realize that a strategic plan must be implemented at the macro level. CEOs perform general management functions like planning, organizing, leading, and controlling. They also search for…
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Creating a Winning Business Strategy
Creating a Winning Business Strategy Every business faces moments when critical decisions must be made. From dealing with rising competition or new regulations to protecting market share, ensuring continued expansion requires an action plan to keep moving your organization forward. Utilizing strategic consulting services will save your team time. They offer already-created plans that provide…
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Driving Business Transformation
Driving Business Transformation Transitioning business trajectories requires unique strategies tailored to your company and customers. To successfully pursue new directions, businesses need real-time insight into customer, competitor, and internal dynamics – this requires ongoing monitoring and measurement. An advisory consultant is invaluable in helping businesses implement sustainable change within their organization and ensure sustainable growth.…
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What Is Advisory Consulting?
What Is Advisory Consulting? Advisory consulting is a long-term solution that assists businesses in meeting their strategic targets. To be effective, this requires possessing cross-functional expertise and understanding all areas of a company. Advisory consultants must also possess outstanding interpersonal and communication skills to persuade others of their perspectives while effectively managing relationships. Strategic planning…
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Business coaching
Most business coaches have experience working with small businesses, regardless of whether or not they describe themselves as a “small business coach.”. With this in mind, most business coaches have experience working with small businesses, regardless of whether or not they describe themselves as a “small business coach.”. At the end of the conversation, Allison…
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What are business advisory services?
The American Institute of Certified Public Accountants defines consulting services as the development of “findings, conclusions, and recommendations for customer consideration and decision making,” with a focus on operational requirements such as accounting systems, business processes, and information management. Management consulting is the last level of the accounting pyramid. Management consulting includes performance reporting as…
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25 Reasons Why You Need A Fractional Chief Operating Officer For Your Small Business
Having a Chief Operating Officer (COO) can make a difference in efficiency and productivity for small businesses. But what if you don’t have the budget to hire a full-time COO? Enter fractional COOs – highly skilled professionals who can help you do the job without breaking the bank. Read on to discover why a fractional…
Read MoreStrategy Vs Advisory
Advantages of Strategy Vs Advisory You may have heard about the advantages of a strategy versus an advisory. Both can be useful, and it’s up to you to determine which type is most appropriate for your organization. ‘Pure-play’ strategy consulting firms Strategy consulting firms are one of the most prestigious segments within the professional services…
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How to Achieve COO Goals and Objectives
How to Achieve COO Goals and Objectives As a COO, you must oversee your organization’s daily operations. This means that you must be able to deal with operational matters in one moment and executive-level strategic issues in the next. This can be a difficult task, but it is not impossible. With the right tools, you…
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