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 …
Leading Change in a Changing Environment
The business environment is constantly changing now more so than ever. The result of this is that organizations need to adapt and overcome to remain competitive in the marketplace. Therefore, leaders must master the art and science of change management. Leading change in a changing environment is a challenging endeavor without the requisite process to smooth the transition. Change is …
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 …
The Dimensions of Strategic Planning
Increased competition and uncertain economic factors have contributed to the downfall of many businesses, with nearly 600,000 permanently closed within the past few years. One-way businesses can differentiate themselves from competitors and promote business growth is to have a clear strategic planning process. In addition, leaders must understand the dimensions of strategy. Some of our methodology is based on Moses …
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 …