The Unintended Consequences of Setting Performance Targets Setting targets and subsequently measuring performance against those targets is a common management practice in many organisations. When done properly it can be an effective way…
How The Balanced Scorecard Helps Implement the Strategic Plan Implementing a strategic plan can be a complex process, involving many components, both inside and outwith the organisation. This includes the…
What is the Balanced Scorecard? Measuring performance is critical to the efficient management of any business. It is, however, important that the correct performance metrics are being measured. Information relating…
What is a Pen Portrait? A Pen Portrait helps facilitators to gain an insight into the people involved in the strategy creation process. Everyone has their own belief system which…
Strategic Interviews Case Study Introduction It should be noted at this point that I took care not to use the word ‘interview’, preferring to use ‘discussion’ instead, as I felt…
How a Firm’s Remuneration System Can Impact Attaining its Strategic Goals In many professional services firms their partner remuneration is often based on their personal performance rather than the performance…
What is a Practice Group in Professional Services? A practice group is a group or team within a firm that specialises in a particular area of service activity and will…
Practice and Sector Focused Strategies In Professional Service Firms In our article “The Unique Challenges of Developing Strategic Plans for Professional Partnerships” we looked at how the structure of partnerships…
Successfully Implementing a Business Strategy While it may not seem like it at the time, creating your business strategy can actually be the easy part because at that point it…
Creating a More Effective Corporate Structure for Professional Partnerships In our article entitled “Unique Challenges of Developing Strategic Plans for Professional Partnerships” we discussed the difficulties that they way that…
