Design & develop Strategic Plans and Performance Management Systems using the Balanced Scorecards
Strategic planning is a disciplined effort to identify and produce fundamental decisions and actions that shape and guide the direction of an organization. Many businesses struggle to achieve long-term success because they lack a concrete business strategy that provides the structure necessary to optimize performance. A good business plan cannot be derived from a standardized template. The proper amount of background research, understanding of competition, products and services and business processes as well as respect for the business culture must be contemplated before successfully implementing a strategic plan.
PMCi specializes in the development of strategies for businesses intent on maximizing their value, by reviewing every aspect of the business. Our real world experience operating successful businesses ensures that we examine every angle to identify and recommend the most profitable opportunities.
The balanced scorecard is a performance management system that is used extensively in business and industry, government, and nonprofit organizations worldwide to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organizational performance against strategic goals.
PMCi specializes in the development and implementation of Balanced Scorecard performance management system which is used to translate the high level organizational strategy into something that employees can understand and act upon in their day-to-day operations and initiatives. An effectively implemented balanced scorecard can help an organization in many ways:
Increase focus on strategy and results instead of tasks.
Better understand and react to customer needs.
Improve organizational performance by measuring what matters.
Help leaders make better decisions based on leading performance indicators.
Help leaders and employees prioritize the work they do.