Why a Business Purpose Should Not be “To make money”
Why a Business Purpose Should Not be “To make money” In the modern business world, companies often prioritise making a profit above all else. The bottom line is often seen…
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What is the Format of a Purpose Statement?
What is the Format of a Purpose Statement? We have discussed the importance of having a clear Purpose but what does a good Purpose Statement look like? A statement of…
Read More What are Strategic Interviews?
What are Strategic Interviews? Strategic Interviews are one-to-one discussions that are held with the people who are involved with the strategy development process and/or have knowledge that is important to…
Read More What is the Difference Between Mission, Vision, Purpose & Values?
What is the Difference Between Mission, Vision, Purpose & Values? Your mission, vision, purpose and values play an extremely important role in strategy development and in shaping the culture of…
Read More Where should Strategic Interviews be held?
Where Should Strategic Interviews be Held? Where you conduct your strategic interviews can have a significant impact on the results obtained. The interviews should be held in a relatively neutral…
Read More How The Balanced Scorecard Helps Implement the Strategic Plan
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…
Read More What is the Balanced Scorecard?
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…
Read More What is a Pen Portrait?
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…
Read More What is a Practice Group in Professional Services?
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…
Read More What is a Professional Services Firm?
What is a Professional Services Firm? Professional services firms are knowledge intensive organisations that provide expert service to clients. Examples of professional services firms include Accountants, Architects, Management Consultants, Lawyers, etc. There are…
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