Business Planning & Implementation
A business with clear direction and focus is far more likely to succeed – we will help you create it… Once a clear strategic direction has been agreed, we will…
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 to motivate people to deliver a level…
How can The Balanced Scorecard Help Implement a Strategic Plan?
Implementing a strategic plan in a business can be a complex process, involving many components, both inside and outwith the business. This includes the management a number of groups of people…
How Partner Compensation Affects Strategy in Professional Services Firms
The way the partners and senior fee earners are rewarded in professional services firms can have a dramatic effect on the development and, more importantly, the implementation of their strategic…
What is Business Planning?
Business Planning is the process of translating an organisations Strategic Plan (see diagram) into a plan that is designed attain the objectives and goals that have been set in the…
Successfully Implementing your Business Strategy
The management of the following three components is critical to the successful development and implementation of your business strategy. While it may not seem like it at the time, creating…
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 professional firms are structured causes when developing and implementing business…
What are Strategic Activities?
Strategic activities are actions, projects and other activities that are designed to generate outcomes that ultimately lead to attaining objectives, goals and eventually to achieving the organisation’s vision. As can be seen…
Who should be involved in the Strategy Making Process?
The strategic making process will normally involve key people in the organisation who have an interest in or input to the strategic future of the organisation. This will include senior…
How do we Measure the Progress Towards Achieving our Business Goals?
Establishing goals is only part of the work in a business plan. Once the goals have been explained to the employees and a plans have been developed to achieve those goals,…