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Strategy & OperationsView Our ExperienceStrategy formulation is the process by which management makes critical, often irreversible decisions regarding the direction of the enterprise and the deployment of limited, valuable resources. Strategy communicates organizational intent, provides a sense of purpose, and aligns organizational decision-making. Some executives need support or additional resources to help translate a strategy into an action plan and manage its implementation. Action plans identify, sequence, and assign responsibility for tasks based on strategic objectives, and establish a reasonable timeline for implementation. An implementation plan aligns the client’s actions, resource allocation, performance measurements, and incentives with the chosen strategy. Clients may need assistance in defining their overarching strategic direction, establishing priorities, and determining how to organize the company to act on those priorities. Moreover, Clients improve their financial performance and competitive position by evaluating market forces and making choices about target markets and segments, value propositions, sustainable competitive advantage, business model structure, and investment priorities. Technology can influence business strategy and also provide information to support and drive management decisions. Companies may need assistance determining how to leverage and integrate technologies and adapt their business models appropriately. Many companies use merger and acquisition activity to drive growth and to acquire competencies or technologies that would be too costly or time-consuming to build internally. M&A activities are inherently risky, and frequently drive Clients to seek professional services. Renewed interest and focus on strategic cost management and asset utilization drives many companies to seek outside assistance. Traditional approaches to cost-cutting often fail to reach the desired results, often because changes are not aligned with the long-term strategy. Many organizations can benefit from a snapshot of their structure and processes to analyze their effectiveness, efficiency, and potential for improvement. |
Our Experience Enables Us To Serve You Better
- ◊ Developed strategy plan for a mid-size professional services firm including marketing plans, human resources, and a re-organization plan to implement
the strategy. - ◊ Prepared the first succession plan for a $1 billion financial services firm providing debt financing to the airline industry.
- ◊ Developed an operations plan for the CFO of a major services firm, and supported the implementation of the plan together with a performance tracking scorecard
to measure achievement of performance objectives. - ◊ Performed an assessment of back office processes for a major company and developed optimal processes for implementation nationwide.
- ◊ Developed a strategy for a major private equity acquisition to grow revenues through a combination of revenue enhancement and cost containment
measures. - ◊ Assisted a technology company with developing scenarios to decide on a build versus buy strategy at a pivotal point in its growth cycle.
- ◊ Designed a strategy and provided resources for a company in the cleanup and investigation of older sub-ledger transactions.