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Using the Supply Chain Hierarchy of Needs ™ to Plan Next Steps
  • Using the Supply Chain Hierarchy of Needs ™ to Plan Next Steps

    The economy is troubling everyone again.  It is unclear how deep the recession is going to be, but it is obvious that demand is declining and many of our clients are continuing to see supply chain issues. I expect to see another lead and lag between demand and supply over the next 8-12 months, so here we go again.

    You and your team are probably trying …Read More

    This entry was posted in Business Hierarchy of Needs®, Business Transformation, Organizational Development, Strategy 5.0, Supply Chain Hierarchy of Needs, Supply Chain Optimization, on August 11, 2022
  • Supply Chain Hierarchy of Needs™

    Supply chains are the heart and arteries that drive a company’s strategic success.  From raw materials through the full life cycle of the product or service, lean supply chains have constantly changing requirements and have been significantly challenged with the frequency of massive disruptions.  The Supply Chain Hierarchy of Needs™ provides a framework for …Read More

    This entry was posted in Business Hierarchy of Needs®, Strategy 5.0, Supply Chain Hierarchy of Needs, Supply Chain Optimization, on August 9, 2022
  • Strategy Realized – The Business Hierarchy of Needs® – Talent Optimization

    These statistic from Boardview.io should cause pause to all senior leaders:

    80% of leaders feel their company is good at crafting strategy but only 44% at its implementation”

    To make matters worse, they also report:

    10% of organizations achieve at least two-thirds of their strategy objectives, with 36% achieving between 50%-67% and 54% achieving less than 50%

    I have no reason to doubt these statistics based on what we see in our consulting work. The primary reasons for this are: …Read More

    This entry was posted in Business Hierarchy of Needs®, Organizational Development, Strategic Planning 5.0, Strategy 5.0, Talent Management, on July 26, 2022
  • 8 Things You Need for Recession Planning – Making the Right Choices Now

    Whether we want to call this a recession or just unfortunate circumstances, I think that we can all agree that business is being disrupted yet again by external factors beyond management’s control.  Interest rates are up, sales are down and inflation is above 8%. Amazon, Tesla, Wells Fargo, Coinbase, Salesforce, Meta and Netflix are a few of the more well-known companies announcing layoffs.  Financial indicators …Read More

    This entry was posted in Cost Takeout, Global Initiatives, Strategic Planning 5.0, Supply Chain Optimization, on July 8, 2022
  • Video Explanation of the Business Hierarchy of Needs®

    90% of companies do a poor job executing their strategy 

    The Business Hierarchy of Needs® and and Strategy 5.0™ are part of Group50’s suite of strategic planning and execution tools.  In this 20 minute video, Jim Gitney, the Founder and CEO of Group50, summarizes how the Business Hierarchy of Needs®, a change management framework, can be used by Boards of Directors and senior leadership teams …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 April 18, 2022
  • Strategy 5.0™ – Defining the Appropriate Organization Design for a Digital Future

    “𝑰𝒕 𝒊𝒔 𝒕𝒊𝒎𝒆 𝒇𝒐𝒓 𝒂 𝒑𝒂𝒓𝒂𝒅𝒊𝒈𝒎 𝒔𝒉𝒊𝒇𝒕 𝒊𝒏 𝒕𝒉𝒆 𝒘𝒂𝒚 𝒘𝒆 𝒍𝒐𝒐𝒌 𝒂𝒕 𝒕𝒉𝒆 𝒐𝒓𝒈𝒂𝒏𝒊𝒛𝒂𝒕𝒊𝒐𝒏 𝒔𝒕𝒓𝒖𝒄𝒕𝒖𝒓𝒆𝒔 𝒕𝒉𝒂𝒕 𝒘𝒊𝒍𝒍 𝒃𝒆 𝒓𝒆𝒒𝒖𝒊𝒓𝒆𝒅 𝒕𝒐 𝒔𝒖𝒄𝒄𝒆𝒔𝒔𝒇𝒖𝒍𝒍𝒚 𝒍𝒆𝒂𝒅 𝒂 𝒄𝒐𝒎𝒑𝒂𝒏𝒚 𝒕𝒐 𝒂 𝒅𝒊𝒈𝒊𝒕𝒂𝒍 𝒇𝒖𝒕𝒖𝒓𝒆.”

    I just published an article on LinkedIn on the Appropriate Design for a Digital Future.  You can read it here.  For those of you who want a Schaum’s outline version, here we go.

    Today’s functional organization structure is no longer appropriate for serving the digital future.  Business processes are horizontal, not vertical.  So, as part of Group50’s approach to Strategy 5.0™, we are proposing that companies be organized in the following …Read More

    This entry was posted in Business Hierarchy of Needs®, Organizational Development, Strategy 5.0, on April 3, 2022
  • Strategy 5.0™ – 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 the Group50® Strategy 5.0™ framework of Where to Play and How to Win 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
  • Cost Takeout as a Strategy

    Cost Takeout has been heard at one time or another in every C-suite and boardroom.  The primary objective of every leadership team is to improve profitability and while there are many ways to do that, every company should have cost takeout as a strategic imperative. Continuous Improvement concepts tell us that there are always ways to take out cost.  With that in mind, how does a leadership team develop a cost takeout strategy?  The first thing is to make sure everyone is clear on what a cost takeout strategy really is.  Let’s start with what it isn’t.

    It is not: …Read More

    This entry was posted in Business Transformation, Cost Takeout, Information Technology, Strategy 5.0, Supply Chain Optimization, on March 2, 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
  • 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 as 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

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