Virtual Strategic Planning and Strategic Execution
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Virtual Strategic Planning and Strategic Execution
By: Jim Gitney
The majority of our consulting work has been virtual and like everyone else we have adapted by developing a virtual strategic planning and strategic execution process. To us and our clients, this remote workforce thing has not been as bad as people feared. Many leaders believe that employees are more productive when working from home and several companies are reducing office space and headcount because of it – one part of their strategic plan. They all agree that executing strategy has presented more challenges because …Read More
This entry was posted in Business Transformation, Global Initiatives, M&A, Manufacturing and Distribution, Market Effectiveness, Organizational Development, Product Development, Strategy 5.0, Supply Chain Optimization, on September 30, 2020 -
Navigating Growth Through an Inflection Point
By: Jim Gitney
We recently worked on a project that required the integration of two $30M companies. Both had grown to this size in a short period of time and had systems that supported their individual sizes relatively well. When the two were combined, they pushed across an inflection point. An inflections point is when a company’s systems, business processes and organization structure are struggling to support the size of the company and are incapable of supporting future growth to the next inflection point. …Read More
This entry was posted in Business Hierarchy of Needs®, Business Transformation, Inflection Point, Strategy 5.0, on September 14, 2020 -
Managing Your Way Through 2020 and Beyond – Part II
By: Admin
It has been a wild ride the last 6 months and most companies have completed the first of three phases: Stabilize, Reconfigure, Recover. Strategic and tactical planning for the next 12-18 months will be critical for companies. Senior leadership teams need to focus on the Reconfigure stage and define how they will redefine their business models in preparation for the Recover phase. In the video below, Jim Gitney, the CEO of Group50 Consulting, discusses the key …Read More This entry was posted in Business Transformation, Market Effectiveness, Re-Opening Your Business, Strategy 5.0, on September 5, 2020 -
Post Merger Integration ( PMI ) Playbook
By: Jim Gitney
It is reported that 70-90% of mergers & integrations don’t deliver the value that justified the acquisition. There are many reasons, but the primary ones that tank ROI are a lack of focus related to Strategy, Culture, Project Management, Customers and Sales. Post merger integration failures typically fall into what we call the 5th stage of M&A: Alignment and Optimization which completes the integration. In order to help companies understand the depth of this challenge, Group50 has developed a post merger integration ( PMI ) playbook …Read More This entry was posted in M&A, Manufacturing and Distribution, Playbooks, Strategy 5.0, on July 14, 2020 -
90 Day Tactical Plan – The Future of Your Business
By: Jim Gitney
The global economy is re-opening and the decisions you make in the next 90 days will define the future of your business. Studies have shown that companies who are innovative and transformative during a recession outperform their peers. In a previous blog – Managing Your Way Through 2020, we offered a playbook for re-opening your business and a three phase strategy to support it. Most businesses are …Read More This entry was posted in Re-Opening Your Business, Strategy 5.0, on May 27, 2020 -
Managing Your Way Through 2020
By: Jim Gitney
In managing your way through 2020 it is imperative that you and your leadership team carefully plan the balance of the year. In this video presentation by Jim Gitney, the CEO of Group50 Consulting, who has been through 7 economic cycles during his career talks about a 3-phase approach to the balance of 2020. …Read More
This entry was posted in Re-Opening Your Business, Strategy 5.0, on May 7, 2020 -
Re-Opening Your Business – Playbook
By: Jim Gitney
Every business owner is challenged with Re-Opening their business as the COVID-19 pandemic restrictions are slowly lifted. There are myriad things to consider and inputs on how to do it from the federal government, states and localities. Each have a different approach and set of recommendations. Trying to find relevant guidance can be a daunting …Read More
This entry was posted in Re-Opening Your Business, Strategy 5.0, on May 6, 2020 -
Make America Great Again? – Failure in the First Degree
By: Admin
We have been fortunate in that none of our family or close associates and friends that we know have gotten sick from COVID-19. As we sit at home attempting to construct some level of normalcy, I struggle with the magnificent failure of a system that is incapable of meeting the needs of its citizens. A system that has prioritized economics over public health. While the government, in record time, is pumping trillions of dollars into the economy to stop financial Armageddon, it has failed to put …Read More This entry was posted in Strategy 5.0, on April 24, 2020 -
Leveraging the Paycheck Protection Act – Team Based Process Re-engineering
By: Jim Gitney
In the next few weeks, companies with under 500 employees will start receiving payments from the Paycheck Protection Act and all companies will continue to make important decisions on how to structure themselves to deal with the current downturn and prepare themselves for the future (Here is one view of the future …Read More This entry was posted in Business Transformation, Cost Takeout, Manufacturing and Distribution, Organizational Development, Strategy 5.0, Supply Chain Optimization, Value stream mapping, on April 13, 2020 -
Recession Planning and Fine Tuning Your Business Plan – Webcast
By: Admin
Group50 sponsored this webinar which focuses on Recession Planning and Fine Tuning a company’s business plan in turbulent times. Subject matter experts in Finance, Leadership and Operations discussed best practices and the Do’s and Don’ts they learned during their corporate and consulting careers and multiple economic cycles with hundreds of companies ranging from start-ups to Fortune 100 companies such as GE, Black & Decker, Deloitte, Underwriters Laboratories and …Read More This entry was posted in Business Transformation, Cost Takeout, Manufacturing and Distribution, Strategy 5.0, Supply Chain Optimization, on March 26, 2020
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