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Balanced Scorecard
Program Management
China
Knowledge Management
The Investor's Edge
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Key Benefits
- Insight into / validation of business priorities
- Alignment of business and IT initiatives
- Metrics by which the business can assess progress against the
strategy
Components
- We're looking to generate long-term
success and the exponential growth in an organization that can
leapfrog it over current industry leaders and emerging competitors.
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- Evaluate the Current Strategy
- According to the Gartner Group, most company executives spend less
than 4 hours per month reviewing and honing their corporate
strategies. Our experience reflects a similar perspective.
Even in those companies that have a well-defined strategy, we find
that few executives actually manage to the strategy. It's a
fast-paced competitive world we live in, and a
strategy conceived in December is usually Overcome
By Events (OBE) by the time that June
arrives. We work with your thought-leaders to
refine your strategy, bringing industry knowledge and collaborative
approach to the table. Don't have a strategy, or need a new
one? No sweat... we utilize the industry standard Balanced
Scorecard, which Harvard Business Review said was "one of the
seminal ideas of management practices of the past 75 years."
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- Define the Initiatives That Generate Success
- Now that we've honed / refined / defined the Strategy, we have a
common platform from which to recommend initiatives that will
implement it. Initiatives are evaluated from the perspective of
meeting specific Strategic goals; if an initiative doesn't support a
goal, it is eliminated from consideration. Metrics are developed by which
those initiatives can be managed. As part of this process, we use
other methodologies (such as Kepner-Tregoe) to assess alternatives and
develop priorities.
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- Align Business and IT Resources and Priorities
- There are companies that move at a steady pace, making incremental
improvements that limit risk and do indeed succeed in adding profit to
the bottom line. But in today's e-Commerce environment,
companies that fail to match the pace of their competition have
limited futures.
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- Our belief is that only a tight alignment of Business and IT can
generate the lever to move a company at warp-speed. We work to
ensure that your organization, despite its breadth of ideas and
personalities, views itself from one vantage point, that of your
Strategy. When all the horses pull in the same direction, the
team's energy is efficiently applied to achieving the end goal... your
Strategy.
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