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BENEFITS OF DOCUMENT
1. A powerful document that provides strategy fundamentals as well as strategic management thinking and operational excellence tools.
2. The document is a step by step approach of industry analysis, strategy formulation and strategy execution. It provides also a powerful tool to execute, implement and monitor the strategy.
3. A powerful document for both executives and top managers, linking strategy to operational level.
DOCUMENT DESCRIPTION
The document is a powerful tool that helps the global top managers develop an integrated enterprise performance management strategy with the potential to boost the client's financial performance substantially by improving decision-making.
The Strategic Performance Management process consists of the following elements:
- Environmental scanning
- Strategy formulation
- Strategy execution
- Evaluation and control.
Environmental scanning is the monitoring, evaluating, and disseminating of information from the external and internal environments to key people within the company.
Its purpose is to identify CSF (Critical Success Factors) that help managers design various types of performance metrics, for instance KPIs (Key Performance Indicators), KEIs (Key Environment Indicators) &, KRIs (Key Risk Indicators). The simplest way to conduct environment scanning is through SWOT analysis, which incorporates both strategic capabilities: (Strengths & Weaknesses) synonym of the competitive advantage and key success factors: (Opportunities & Threats).
Rather than evaluate a company using few financial measures, this document provides a Balanced Scorecard that includes tangible measures, as well as intangible assets, such as learning & growth, risk management environment management, and internal process management. These perspectives are summarized in an Operational Excellence: (OpEx) through a lean approach.
This strategy has the potential to move the client forward in its journey to achieve high performance.
Note: The original PowerPoint file is included as the secondary document. However, formatting issues (e.g. font size changes) may exist depending on your version of PowerPoint.
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A Practical Guide for Linking Strategy to OpEx
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