Competency gaps are training needs

Gaps are identified by comparing the performance of the company against a bench marked company in the same industry. Positive performance indicate strengths whereas the opposite shows weaknesses. Thereafter, proper winning strategies could be formulated and best practices could be recognized and adopted. All the above could be drawn objectively from the financial statements rather than relying on subjective opinion surveys which are popularly but wrongly applied in TNA.

Friday, July 26, 2013

Strategic Planning in Business - 12 steps ****

Business Strategic Plans

Critical performance gaps
Critical success factors
Business strategies - Michael Porter's
Marketing Positioning
Marketing Strategies - 4ps
Business Model - the right profit planning
Trading strategies
Operational strategies
HR strategies
Financial Strategies

working capital strategies
fixed capital strategies
Equity and borrowed funds

Strategic Mapping

BSC perspectives

ROE objectives checklists (du pont)

abmconsult@gmail.com

Competency gaps are training needs

Friday, July 26, 2013

Strategic Planning in Business - 12 steps ****

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Blog Archive

CORPORATION METRIC MANAGEMENT
DAY	9.00-10.30	10.30-11.00	11.00-12.00	12.00-1.00	1.00-2.00	2.00-3.30	3.30-4.00	4.00-5.00
1	Corporate objectives defined ROE Chart		ROE Chart vs Industry Stds Critical Performance Gaps	Key Result Areas BSC key Metrics		Key Performance Indicators		Metric management- case analysis
2	Performance Targets and Standards		Internal & external benchmarkings	Performance Evaluation- Input output analysis		Performance meeting - planning		Role Plays
3	Strategic Mapping Porter's Strategies		ROE kpis Departmental KPIs	Performance meetings - appraisals		Accountability & Action plans Improvement Strategies		Closing Summary