Ten Reasons Companies Fail to Implement their Business Plans Implementing a business plan is an essential part of an organisation’s success, but it’s not always a straightforward process. Business plans…
What is Project Management? Project management is the process of planning, organising and coordinating the resources and activities required to complete a specific project successfully. The ultimate goal of project…
How Partner Compensation Affects Strategy in Professional Services Firms The way the partners are rewarded in professional services firms can have a dramatic effect on the development and, more importantly,…
Measuring the Results of Strategic Activates If you can’t measure it, you can’t manage it. In its simplest form, the implementation of a strategic/business plan is essentially the management of a…
How Measuring Results Helps People to Commit to Change Creating a new strategy for your business almost always results in introducing new ideas, initiatives and change. Measuring results can help…
What is the SMART Criteria? SMART is an acronym for Specific, Measurable, Achievable, Relevant and Time Bound. It is most often used to guide the setting of objectives and goals.…
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…
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…
