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MANAGERIAL CONSULTANCY
Every strategy will be executed by people with an outlook towards future in a set of circumstances. Diversity, dynamics, complexity and interrelationships are ever increasing factors in today’s business.
Once it was thought that technical skills are the most important factor in both individual and organizational success. After a while, it was noticed that team work, communication, cooperation, negotiation and several other so called soft skills are not less important. Same as the sports team who has the best line up, it is not guaranteed to win. This was a puzzle for the last 30 years during which academics and practitioners alike were trying to understand through learning and practice how to manage a better performing organization.
The first solution for this problem at the beginning was found in the Financial Management Science. Financial statements, Financial Ratios, managing the cost of capital and aligning the whole organization around a unified financial goal formed a satisfying answer for a while. But the fact that financial figures are lagging measures which “tell the story of the past”; meaning that it measures the performance after the fact, when it is too late to do anything about it. Also financial measures can sometimes affect managers to take very short sighted decisions.
A stakeholder is a person or group who can affect or is affected by the achievement of the organizations objectives.
Systems Thinking and Complexity Management will examine the driving forces that are affecting positively or negatively the success or failure of the strategy
Understanding how to link together people, strategy and operations is the key to business success. This is when and where the rubber meets the road
You can’t manage what you can’t measure. A company’s success rests much on its ability to measure the performance of its tangible and intangible assets.
Kaplan and Norton co-created the Balanced Scorecard to address, amongst other things, the lagging nature of Financial Management
Strategic Management is a set of managerial decisions and actions that determines the long–run performance of a corporation
Scenario Planning will examine the external and internal driving forces for the purpose of formulating the different consistent and plausible scenarios that the organization can face in the future.
OD helps organizations deliver sustainable performance improvement through people.
The need for improving productivity while keeping a pace with continuously changing technology has increased.
Very important function as it ensures that the whole organization is aligned and up to date with latest news and management requirements.
CEOs, managing directors and top managers in particular have a great need for an open exchange of views and honest feedback provided by equals. However, the higher the person stands in the corporate hierarchy
This function deals with developing a Strategic and Tactical Vision, An integrated Sustainable Change Management Plan. Ultimately, the goal of change is to improve the organization by altering how work is done.
Proper examination of the qualifications of the top management should be performed in order to ensure that he is fitting his job. Having an under qualified or over qualified manager will both create serious issues for the manager and the organization.
Potential candidates are filtered according to standard criteria short list hire, as people are the most important asset in the organization.
Using more energy than necessary to provide the goods and services we consume diverts scarce economic resources from potentially more productive activities.
Projects are unique and one time operations designed to accomplish a specific set of objectives in a limited time frame. Projects may involve considerable cost.
Supply Chain Management refers to management of all of the functions, facilities and activities both within and external to a business organization, that make up a value chain.
System Design includes capacity planning, process selection, facility layout, design of work systems and location planning and analysis.
Quality is the ability of a product or service to consistently meet or exceed customer expectations. Successful management of quality requires that managers have insights on various aspects of quality.
Forecasts play an important role in the planning process because they enable managers to anticipate the future so they can plan accordingly.
