- Is a Culture of Continuous Improvement Right for Your Company? By: Admin
Many companies want to maximize their performance through Continuous Improvement. Most get some incremental improvements but don’t realize the true benefit of a “Culture of Continuous Improvement”. Our work with dozens of companies who have started this journey has demonstrated that there is a very specific process that needs to be followed in designing and implementing a Continuous Improvement Operating System. This process works for companies of any size. Check out the results of the Danaher Business System which is often identified as the way to do it right. …Read More
This entry was posted in Business Hierarchy of Needs®, Continuous Improvement, Organizational Development, on July 11, 2024 - Making the Defense Production Act Part of Your Supply Chain Strategy By: Admin
I had the honor of being a guest on MetaXperts’ podcast with Ron Crabtree. During this podcast, we discussed supply chain strategy and how to incorporate the Defence Production Act into it. Don’t know what the Defence Production Act is? Check out the podcast below and see how it can help improve your business results.
This entry was posted in Podcasts, Uncategorized, on April 24, 2024 - Market Effectiveness – The 12 Critical Marketing and Sales Software Systems By: Jim Gitney
Market Effectiveness™ is about how well you service your marketplace and your customers. It includes how you create products and services, how you market, sell and service them and how you manage the product revenue lifecycle. Planning, measuring, and managing market effectiveness is …Read More
This entry was posted in Information Technology, Market Effectiveness, Product Development, Strategic Planning 5.0, on February 21, 2024 - Digital Technology Consulting: Navigating the Digital Landscape By: Jim Gitney
Staying competitive and relevant are two key issues on the minds of senior leaders and boards of directors. The rapid evolution of technology plays a pivotal role in addressing these two issues. To successfully navigate the digital landscape, leadership teams turn to digital technology consulting firms like Group50® Consulting. They do so to …Read More
This entry was posted in Blockchain IoT, Business Transformation, Information Technology, Strategic Execution 5.0 ™, on February 19, 2024 - 5 Things That Keep C-Suite Leaders Up at Night By: Jim Gitney
C-Suite leaders often have sleepless nights. We are so committed to the success of our company that we worry about critical issues facing it. Here are 5 things that are keeping up the executives we are working with. …Read More
This entry was posted in Business Transformation, Market Effectiveness, Supply Chain Optimization, Talent Management, Total Cost of Ownership, on February 11, 2024 - Market Effectiveness: The Customer Journey Map for Manufacturing and Distribution Companies – Direct to Consumer – Bricks & Mortar – Business to Business By: Admin
Market Effectiveness, a term used by Group50® Consulting, defines the business processes associated with serving customers. In every business, managing and optimizing these processes are critical to success. Manufacturing and distribution companies are especially challenged because there are many channels of distribution they must be effective at: Direct to Consumer (D2C), Bricks & Mortar and Business to Business (B2B). This article outlines …Read More
This entry was posted in Manufacturing and Distribution, Market Effectiveness, Product Development, Strategy 5.0, on January 8, 2024 - Podcast: Jim Gitney with Host David Bookbinder on “Behind the Numbers” By: Admin
In the spirit of Thanksgiving, I am grateful to Dave Bookbinder for having me on his podcast: “Behind the Numbers” to discuss my book, but more importantly to discuss a simple approach to developing and implementing business strategy, which has yielded great results in dozens of companies over the last 10 years. Even if you have a strategic planning and implementation process …Read More
This entry was posted in Podcasts, Strategy 5.0, Strategy Realized - The Business Hierarchy of Needs®, on November 24, 2023 - Making Continuous Improvement a Reality By: Admin
Continuous Improvement is a fundamental concept in the world of Lean and Agile methodologies. It revolves around the idea of constantly striving for excellence, optimizing processes, and enhancing overall efficiency. In this article, we will explore the core principles of Continuous Improvement, the continuous service improvement process, its components, and how to create an environment of continuous improvement. We will also delve into the importance of adopting a continuous improvement mindset. …Read More
This entry was posted in Continuous Improvement, on November 7, 2023 - Building Effective Procurement and Supply Chains Using Data Analysis -Live Webinar with Jim Gitney – By: Admin
I wanted to let you know that I will be doing a live webinar with Lorman on 11/07/2023 at 1 PM EST. The subject is “Building Effective Procurement and Supply Chains Using Data Analysis”.
Please join us and you can receive ISM CPSM, CPSD or C.P.M. and CPE education credits. If you send a note to info@group50.com, I will send you a discount code. …Read More
This entry was posted in Manufacturing and Distribution, Supply Chain Hierarchy of Needs, Supply Chain Optimization, Total Cost of Ownership, on October 21, 2023 - Stopping Short of Excellence – Overcoming “Good Enough” By: Admin
As leaders, we all know that good enough doesn’t cut it. But in today’s lean and remote organizations, teams tend to accept “Good Enough”, which checks the box so that they can move on to the next critical issue in the business. It is a potential trap that can lead to mediocrity and subpar performance. It can create: …Read More
This entry was posted in Business Hierarchy of Needs®, Strategic Planning 5.0, Strategy 5.0, on October 12, 2023 - Group50® Consulting in Manufacturing and Distribution By: Admin
Group50 Consulting is a US based distribution and manufacturing company that specializes in significantly improving performance and profitability across a company’s supply chain. They have a team of experienced consultants with a deep understanding of manufacturing and distribution across many industries. Group50 offers a wide range of consulting services, including:
This entry was posted in Manufacturing and Distribution, on September 26, 2023 - Group50® Supply Chain Consultants: Empowering Businesses through Expertise By: Admin
In an increasingly interconnected world, efficient supply chain management has become the backbone of successful businesses. Whether you operate in the realm of manufacturing, retail, or services, optimizing your supply chain is paramount to sustaining a competitive edge.
What is Supply Chain Consulting and What do Supply Chain Consultants do?
Supply chains are generally defined as encompassing all value-added activities that create and sustain a product or service through post sale end of life. Optimizing this complexity often requires subject matter experts that the company doesn’t have on staff. This is where Group50 Supply Chain Consultants step in, providing subject matter experts who have invaluable insights and strategies to enhance supply chain performance. In this comprehensive article, we will delve into Group50’s expertise, focusing on five key aspects: supply chain management, cost reduction, strategies to fix broken supply chains, globality and technologies that can transform your business.
This entry was posted in Manufacturing and Distribution, Supply Chain Optimization, on September 20, 2023 - Strategic Planning Consultants: Your Complete Guide By: Admin
Introduction
Strategic planning is an essential process that organizations undertake to define their long-term goals, allocate resources effectively, and adapt to changing environments. As businesses and institutions navigate increasingly complex markets, most companies do not have the requisite skill sets to fully develop and implement a strategic plan. This article provides a comprehensive guide to strategic planning, the role of strategic planning and management consultants and details their significance, responsibilities, skills required, and the strategic planning and execution process they follow.
This entry was posted in Strategic Execution 5.0 ™, Strategic Planning 5.0, Strategy 5.0, Strategy Realized - The Business Hierarchy of Needs®, on August 23, 2023 - 10 Elements of an Effective Supply Chain By: Admin
In the intricate web of modern business, a well-designed supply chain is the linchpin of success. An effective supply chain isn’t merely a series of processes; it’s a strategic framework that optimizes efficiency, reduces costs, and enhances customer satisfaction. Here are the critical elements that contribute to the creation of a seamless and high-performing supply chain. …Read More
This entry was posted in Supply Chain Hierarchy of Needs, Supply Chain Optimization, on August 18, 2023 - Optimizing Operations: The Role and Benefits of Supply Chain Consulting By: Admin
In today’s global marketplace, the efficiency of a company’s supply chain can make all the difference between success and failure. Supply chain consulting has emerged as a vital resource for businesses seeking to streamline their operations, enhance customer satisfaction, and gain a competitive edge. It is critical …Read More
This entry was posted in Supply Chain Hierarchy of Needs, Supply Chain Optimization, on August 17, 2023 - Managing the Productivity Cycle By: Admin
Leaders are always challenged with improving the productivity of their business. Historically, productivity has been thought of as improving the output of people in the organization. But productivity is about realizing more with less: Fewer people, less overhead cost, less working capital, and various other measures. My view is that the productivity of your business is really measured in terms of $ of revenue/ $ of cost. The higher the number, the better your productivity. Productivity isn’t just about people anymore. It is about people, systems, and processes throughout your business: Back office, supporting functions, sales, marketing, product development, the shop floor and throughout the supply chain. The productivity cycle below is applicable to any business process.
This entry was posted in Organizational Development, Value stream mapping, on August 10, 2023 - The Engagement Dilemma with a Remote Workforce By: Jim Gitney
Productivity is down over the last two years and continuing to decline
- 66% of employees feel do not feel engaged.
- 80% of strategies don’t realize their intended value.
- 60% of CEO’s don’t believe their team does a good job of implementing strategy.
These are compelling numbers that all business leaders should take note of. These numbers are …Read More
This entry was posted in Business Hierarchy of Needs®, Organizational Development, Strategic Execution 5.0 ™, Strategy Realized - The Business Hierarchy of Needs®, on July 20, 2023 - Exploring Strategic Intent with Craig Smith By: Admin
Having a business strategy is important, but if it is not communicated properly and all stakeholders aren’t engaged, then what is the point?
In this podcast, Craig Smith and I discuss strategic intent in his podcast, The Big Picture People and how to use Strategy Realized – The Business Hierarchy of Needs® as a communication and engagement vehicle. I hope you enjoy it. If you want to find out more about applying the Business Hierarchy of Needs® to your business and significantly improve your strategic results, feel free to send a note to info@group50.com or request more information here.
This entry was posted in Podcasts, on July 18, 2023 - Strategy and Its Implementation Presentation – International Association of Strategic Planners By: Jim Gitney
Please join the west coast chapter of the International Association of Strategic Planners and I on the 19th of April where we will talk about how to apply the Business Hierarchy of Needs® framework to improve the results of developing and implementing strategy.
The presentation will be based on my recently published book: Strategy Realized – The Business Hierarchy of Needs®.
This entry was posted in Business Hierarchy of Needs®, Strategy 5.0, Strategy Realized - The Business Hierarchy of Needs®, on April 13, 2023 - Manage Self – Lead Others Podcast with Nina Sunday and Jim Gitney By: Admin
What mistakes are leaders making when it comes to developing and implementing strategy?
No MBA is necessary to listen to this episode on The Business Hierarchy of Needs® with Jim Gitney, just an intense interest in stakeholder alignment, employee engagement and increased profitability.
Learn from a master about the Business Hierarchy of Needs(R) framework as described in Jim’s book, “Strategy Realized: The Business Hierarchy of Needs®” . …Read More
This entry was posted in Business Hierarchy of Needs®, Podcasts, Strategy Realized - The Business Hierarchy of Needs®, on April 3, 2023 - Podcast: Applying the Business Hierarchy of Needs® to Increase Employee Engagement with Jim Gitney By: Admin
With the recent downturn in productivity across corporate America and the significant increase in remote work, Host Andrew Bartolotta sits down with Jim Gitney, CEO of Group50 Consulting and author of Strategy Realized – The Business Hierarchy of Needs, where Jim discusses ways to significantly increase employee engagement in the development and implementation of business strategy through his patented framework. …Read More
This entry was posted in Business Hierarchy of Needs®, Podcasts, Strategic Execution 5.0 ™, Strategy 5.0, on March 23, 2023 - Podcast: How to avoid common mistakes with your business strategy, with author Jim Gitney By: Admin
If you’ve ever had a strategic initiative fail at your organization and thought to yourself, “What am I doing wrong as a leader?” this episode is for you. The truth is, most leaders end up with several failed strategies under their belt. The trick is to stop making the same mistakes and lean into some best practices for strategic planning that actually work. There’s no one better to teach leaders how to build that foundation and grow through strategy than our latest guest. Jim Gitney, the Founder and CEO of Group50® Consulting has 45 years of corporate and consulting experience working with over 200 companies in guiding them toward double-digit top line and bottom line growth. Listen to the full conversation for more on the top mistakes business owners make when it comes to successful strategic initiatives, what the “Business Hierarchy of Needs®” is (and what CEOs can learn from it), the downsides of having too many goals, how to align compensation structures in a way that encourages forward motion on your strategic initiatives, and much more. Here’s a Glimpse of What You’ll Learn: …Read More
This entry was posted in Business Hierarchy of Needs®, Podcasts, Strategic Execution 5.0 ™, Strategic Planning 5.0, Strategy 5.0, Strategy Realized - The Business Hierarchy of Needs®, on March 21, 2023 - The Engagement Dilemma with the Post Pandemic Workforce By: Admin
-
Productivity is down over the last two years and continuing to decline.
-
66% of employees do not feel engaged.
-
80% of strategies don’t realize their intended value.
-
60% of CEO’s don’t believe their team does a good job of implementing strategy.
These are compelling numbers that all business leaders should take note of. These numbers are worse today with the significant shift to remote work in the post pandemic workforce. Are these numbers a result of poor strategic plans? In some cases, yes, but in the majority of cases, it is the result of a poor implementation and engagement processes. During my 45-year career, I have seen that poor implementation is because of a lack of focus on people and organization – the bridge between strategy and results. …Read More
This entry was posted in Organizational Development, Strategy 5.0, Strategy Realized - The Business Hierarchy of Needs®, on March 16, 2023 -
- Implementing Strategy in a Post Pandemic Environment By: Admin
I had the honor of presenting to the IERG (International Executive Resource Group) my take on implementing strategy in a post pandemic environment. Productivity in the US is down significantly over the last two years for many reasons. During this interactive presentation with the attendees, I discuss how to apply the Business Hierarchy of Needs® to fully engage all stakeholders, including the remote workforce, in the development and implementation of business strategy. Numbers put together by GALLUP for my book “Strategy Realized – The Business Hierarchy of Needs®”, suggest that companies who follow this model can realize significant improvements in productivity, absenteeism, turnover and productivity. …Read More
This entry was posted in Business Hierarchy of Needs®, Organizational Development, Strategy 5.0, Strategy Realized - The Business Hierarchy of Needs®, on March 4, 2023 - Turning Strategy Into Results Podcast with Jim Gitney and Diane Helbig By: Admin
- Jim Gitney joins our host of the Accelerate Your Business Growth, Diane Helbig, to share his thoughts around the importance of fully engaging all stakeholders in the implementation of strategy through the use of the Business Hierarchy of Needs framework as well as developing and implementing strategy based on one – Most Important Goal (MIG)
https://www.helbigenterprises.com/podcast/episode/1a1e1dc2/turning-strategy-into-results
Jim Gitney has over 45 years of senior level experience in world class companies ranging from start-ups to Fortune 50. He founded Group50® Consulting in 2004 and has worked with over 200 companies formulating and implementing strategy. He has extensive experience in running large global operations and working with boards, business owners and executives on developing and implementing transformative strategic initiatives including Growth, lean management business process reengineering and sustainable continuous improvement initiatives.
- Strategy Realized – The Business Hierarchy of Needs®, a book written by Jim Gitney, the CEO of Group50® Consulting that outlines the full discussion from this podcast can be purchased here on Amazon.
This entry was posted in Business Hierarchy of Needs®, Podcasts, Strategy Realized - The Business Hierarchy of Needs®, on February 22, 2023 - Jim Gitney joins our host of the Accelerate Your Business Growth, Diane Helbig, to share his thoughts around the importance of fully engaging all stakeholders in the implementation of strategy through the use of the Business Hierarchy of Needs framework as well as developing and implementing strategy based on one – Most Important Goal (MIG)
Article Categories
Latest News
- Is a Culture of Continuous Improvement Right for Your Company?
- Making the Defense Production Act Part of Your Supply Chain Strategy
- Market Effectiveness – The 12 Critical Marketing and Sales Software Systems
- Digital Technology Consulting: Navigating the Digital Landscape
- 5 Things That Keep C-Suite Leaders Up at Night
- Market Effectiveness: The Customer Journey Map for Manufacturing and Distribution Companies – Direct to Consumer – Bricks & Mortar – Business to Business
- Podcast: Jim Gitney with Host David Bookbinder on “Behind the Numbers”
- Making Continuous Improvement a Reality
- Building Effective Procurement and Supply Chains Using Data Analysis -Live Webinar with Jim Gitney –
- Stopping Short of Excellence – Overcoming “Good Enough”