| A
recent Deloitte study found that the top operational imperatives
include managing costs and developing corporate strategy,
with implementation and execution as a top area of concern.
Add to the equation the massive push for performance accountability
and real results, and it should come as no surprise that
more and more organizations are emphasizing effectiveness
over mere efficiency. Addressing the need for organizational
effectiveness is a new class of solutions called performance
management. Using both methodology
and technology, performance management solutions help companies
become more effective by aligning execution with strategy.
Existing
solutions either focus on the chief financial officer; force
the midsized organization to fit their processes to shrink-wrapped
methodology; or require extensive IT investment to build
one-off solutions from multiple technology components -
all of which yield too costly an approach or too simple
a solution.
If
you are interested in learning how to address the specific
performance management needs of midsized organizations,
you won't want to miss this white paper.
Summary:
Regardless of firm size, effective strategy development
and implementation depends on several critical success factors
— good planning, reliable information, deep understanding
of the strategy by decision makers, accurate and timely
information, careful reading of the competitive space and
purposeful execution. Why then is the strategy process different
for firms of different sizes?
The answer lies in the mix of available resources and
complexity of operations of different sized firms. Firms
at either end of the size spectrum are very different. Their
scale, complexity of organizational structure, marketplace
touch points, and ability to implement substantial shifts
in their offer, all result in substantially different management,
strategy definition and process needs.
In this paper, you will learn:
o
How company size influences the strategy
process
o
The competitive advantages enjoyed by
small companies vs. large companies
o
How midsize companies can use strategy
and performance management to outperform smaller players
and outmaneuver larger ones
Author: Mark Friedman, president of Real Time Strategy
and performance management expert
Click here to download now
from Pilot Software |
