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Strategy Framework – Where to Play, How to Win, Most Important Goal
  • Strategy Framework – Where to Play, How to Win, Most Important Goal

    How many different strategic frameworks are there? Probably as many as there are consultants. Most are difficult to explain to leadership, and they are impossible to explain to everyone else. While the development of a business strategy can be complex, the focus of the Group50® Where to Play and How to Win strategic planning framework provides a solution to this problem by keeping it simple: …Read More

    This entry was posted in Anti-Strategy, Business Hierarchy of Needs®, Strategic Execution 5.0 ™, Strategic Planning 5.0, Strategy 5.0, on March 27, 2022
  • What is the Business Hierarchy of Needs®?

    In Group50’s early days, we were working with the model shown in the picture to the left when we were doing strategic planning work.  It was simple, to the point and easy to talk about.  None of our clients were totally convinced that this image told the entire story.  It was missing a lot of information and only told the story of getting prepared to implement a company’s strategy.  This graphic didn’t include two key elements: …Read More

    This entry was posted in Business Hierarchy of Needs®, Manufacturing and Distribution, Strategy 5.0, on February 26, 2022
  • Five Things You Need To Do To Drive Continuous Improvement – Introduction

    Change happens. Every business environment requires continuously changing strategies, processes, tools and skills. Implementing a Continuous Improvement program is one way a company can harness their response to change and create competitive advantage. As companies launch Continuous Improvement programs, they need to have a plan. Effective programs require the following 5 elements leading to successful and sustainable …Read More

    This entry was posted in Business Hierarchy of Needs®, Business Transformation, Continuous Improvement, Driving Continuous Improvement Series, Global Initiatives, Manufacturing and Distribution, Organizational Development, Strategy 5.0, Supply Chain Optimization, Value stream mapping, on February 19, 2022
  • Five Things You Need To Do To Drive Continuous improvement – Part IV – Best Practices

    Focusing on one methodology for continuous improvement can limit progress, diminish innovation and restrain the organization’s ability to realize its full continuous improvement potential. In Part IV of this series, we talk about using the best practices and best tools for your Continuous Improvement program. Continuous improvement best practices include: …Read More

    This entry was posted in Business Hierarchy of Needs®, Continuous Improvement, Driving Continuous Improvement Series, on February 18, 2022
  • What is a “ Brown Paper Exercise “ and What is its’ Value?

    At Group50®, we have brought back to life an old form of Value Stream Mapping called the Brown Paper Exercise. Long before computers were invented, the only way to do Value Stream Mapping was on paper.  Utilizing paper allows you to be produce maps that are not limited to the size of a computer monitor or projection screen. It is interactive, fun and can be done via a hybrid model of in-person and virtual. 

    Group50’s Brown Paper Exercise is an important tool that we use every day in process reengineering. It is part of our Value Stream Mapping process.  It provides an engaging, non-threatening way for …Read More

    This entry was posted in Business Hierarchy of Needs®, Continuous Improvement, Healthcare, Manufacturing and Distribution, Organizational Development, Strategy 5.0, Supply Chain Optimization, Value stream mapping, on February 16, 2022
  • Navigating Growth Through an Inflection Point

    We recently worked on a project that required the integration of two $30M companies. Both had grown to this size in a short period of time and had systems that supported their individual sizes relatively well. When the two were combined, they pushed across an inflection point. An inflections point is when a company’s systems, business processes and organization structure are struggling to support the size of the company and are incapable of supporting future growth to the next inflection point. …Read More

    This entry was posted in Business Hierarchy of Needs®, Business Transformation, Inflection Point, Strategy 5.0, on September 14, 2020
  • The Impact of Value Stream Mapping: Organizations and Processes

    The most successful way to look at unneeded business processes and their costs to the business is through a Value Stream Mapping (VSM) project. VSM provides a clear view of how various business processes are related to each other and assesses the need for those processes and how efficient they really are.

    …Read More

    This entry was posted in Business Hierarchy of Needs®, Continuous Improvement, Manufacturing and Distribution, Organizational Development, Strategy 5.0, Supply Chain Optimization, Value stream mapping, on March 4, 2020
  • Connecting the Dots – What Thanksgiving and Strategy Have in Common

    By: Admin   |   Leave a Reply

    Happy Thanksgiving to you and your family.  At Thanksgiving, we take the time to stand back and realize how many things we have to be thankful for.  Thanksgiving is about connecting those dots. …Read More

    This entry was posted in Business Hierarchy of Needs®, Strategy 5.0, on November 26, 2019
  • 8 Key Components of a Successful Strategic Planning and Strategic Execution Process

    By: Admin   |   Leave a Reply

    Companies have many different processes for strategic planning and strategic execution.  These processes are designed to move a company from its current state to a predefined future state. Irrespective of a company’s size, …Read More

    This entry was posted in Business Hierarchy of Needs®, Strategy 5.0, on August 27, 2019
  • FIVE THINGS YOU NEED TO DO TO DRIVE CONTINUOUS IMPROVEMENT – PART V – Tools and Data

    In Part V of the series on Driving Continuous Improvement, we discuss the importance of utilizing the right combination of continuous improvement tools and data. This is where the rubber meets the road. Once you have your program aligned with your business strategy and …Read More

    This entry was posted in Business Hierarchy of Needs®, Continuous Improvement, Driving Continuous Improvement Series, Manufacturing and Distribution, Value stream mapping, on May 6, 2018

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