Operational excellence is the unwavering pursuit of performance improvement, efficiency, and effectiveness. It’s about executing a business strategy more consistently and reliably than the competition, as seen in organizations like Amazon, which maintains its supply chain’s efficiency for customer satisfaction and retention. This guide will explain how to utilize process mapping, process reengineering, and KPIs to foster a culture of …
Mastering the Annual Strategic Planning Cycle: A Comprehensive Approach for Modern Businesses
Strategic planning, forecasting, budgeting, and performance management form the cornerstone of success for progressive businesses. Our guide offers a structured and nuanced approach to these essential business processes, helping business leaders navigate and enhance business performance in a rapidly evolving business landscape.Step 1: The Strategic Planning ProcessAt Sabacon Consulting, we believe that a comprehensive strategic planning process begins with a …
The Change Mindset
A change mindset is comprehending the reasons for change, realizing that all resistance to change is not logical, communicating the rationale for change and mobilizing others to aid in securing a new vision for the future. Leadership having a change mindset is the catalyst for organizations to implement change successfully and profitably. John Kotter stated that “Change leadership is the …
Performance Management, The Next Step in Intentional Management
Intentional management is a methodology whereby management consistently guides their organization to achieve better outcomes by effectively planning and executing their business strategy. A firm’s strategic plan aligns the organization to strive towards its vision and execute its mission, giving the business a clear and concise path to follow. Our performance management system is designed to ensure an organization successfully …
Why Is Strategic Planning So Important?
Strategic planning refers to the ongoing process of utilizing available knowledge to make decisions about a business’ future direction. An annual strategic planning process allows organizations to identify their priorities, allocate resources, align their leaders and employees around their objectives, and ensure those objectives are supported by data and analysis. Nevertheless, it is difficult for management to develop a company …
What Can I Do To Add Value to My Business?
One of the most commonly asked questions I get as a Management Consultant is, ‘What can I do to add value to my business?” Unfortunately, there is no simple answer. Depending on how the business was set up, how it is managed, and what the business goals and mission are – there are multitudes of strategies that could be implemented …