8 Key Components of a Successful Strategic Planning and Strategic Execution Process

8 Key Components of a Successful Strategic Planning and Strategic Execution Process

  • 8 Key Components of a Successful Strategic Planning and Strategic Execution Process
    By: Admin

    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
  • Manage Your Business Like You Are Going to Sell It

    Group50’s CEO, Jim Gitney, was recently asked by an executive about how he should manage the division he just took over as its president.  Jim told him “Manage it like you are going to sell it – maximize value creation”.   The executive gave a strange look and asked why that mattered. …Read More

    This entry was posted in Exit Planning and Transition, M&A, Manufacturing and Distribution, Strategy 5.0, on May 29, 2019
  • Digital Technology as a Strategic Asset

    Companies today increasingly recognize Digital Technology and IT infrastructure as a strategic asset that provides companies with the ability to effectively compete in its’ marketplace – an observation underscored by the Nash KPMG 2017 CIO Survey finding that CIOs sit on 62% of executive boards as opposed to 38% in 2005.  While their relative importance varies slightly from year to year, the C-Suite charter for Digital Technology consistently features the following items: …Read More

    This entry was posted in Blockchain IoT, Business Transformation, Information Technology, Strategy 5.0, Supply Chain Optimization, Total Cost of Ownership, on April 19, 2019
  • The Need for Technology Succession Planning

    Most organizations do Leadership Succession Planning at some level of effectiveness. Very little has been written about the need for incorporating technology succession planning and while technology leadership is part of the standard succession planning model, little is done about succession planning and skills development for subject matter experts, their supporting teams and successive upgrades and new technologies. Teams …Read More

    This entry was posted in Business Transformation, Information Technology, Organizational Development, Strategy 5.0, Supply Chain Optimization, Talent Management, Value stream mapping, on February 10, 2019
  • Developing an IoT strategy for your business

    Most companies are struggling to identify the value of IoT (Internet of Things) and Blockchain in their business. That is partly due to the relationship between Strategy and IoT. While there is a need to have an IoT strategy, it needs to be a subset of the ultimate business strategy. IoT is an enabling technology that allows the business to rethink it strategy, how it goes to market and the product road (goods and services) that IoT enables.  As a result, …Read More

    This entry was posted in Blockchain IoT, Business Transformation, Cost Takeout, Information Technology, Manufacturing and Distribution, Strategy 5.0, on January 9, 2019
  • Blockchain – IoT Strategies and Use Cases – Oil and Gas Industry

    Blockchain and IoT technologies provide an opportunity to significantly reduce upstream and downstream costs in the Oil and Gas Industry. The World Economic Forum estimates that the digitization of the Oil and Gas industry could unlock $1.6T of value globally and realize $140B in productivity. While Blockchain and IoT won’t be …Read More

    This entry was posted in Blockchain IoT, Business Transformation, Information Technology, Manufacturing and Distribution, Strategy 5.0, Total Cost of Ownership, on September 29, 2018
  • Group50 Announces a Mid-Market Blockchain Working Group

    Group50, Thinaër, Sweetbridge Alliance Network Form New Blockchain Working Group for Mid-Market Supply Chain Optimization and Liquidity

    Combining solutions for blockchain data integration, secure IoT, and supply chain liquidity with industry best practices for blockchain platform delivery and implementation

    …Read More

    This entry was posted in Blockchain IoT, Business Transformation, Information Technology, Manufacturing and Distribution, Strategy 5.0, on September 16, 2018
  • Increasing Enterprise Value by Mitigating Multiple Risk

    I was recently asked by an executive about how he should manage the division he just took over as its president. I told him to “Manage it like you are going to sell it – Optimize enterprise value and mitigate multiple risk”.  The executive gave a strange look and asked why that mattered.

    Many leaders think that their only measure of success is the P&L–the amount of operating profit the company generated. Those who believe that are missing …Read More

    This entry was posted in Business Transformation, Strategy 5.0, Value stream mapping, on June 6, 2018
  • Group50® Consulting announces Scioebc™ the first Blockchain product powered by THINaër, the end-to-end platform for the Internet of Things

    By Jim Gitney

    April 17, 2018

     Los Angeles, CA – Group50 announced today the launch of Scioebc™, a next generation supply chain product  that utilizes the blockchain and is powered by THINaër, an IoT platform building The Internet of People, Places and ThingsSM. …Read More

    This entry was posted in Blockchain IoT, Business Transformation, Healthcare, Information Technology, Manufacturing and Distribution, Strategy 5.0, Supply Chain Optimization, on April 17, 2018
  • Driving Continuous Improvement: 5 Essentials – Part III: Execution Culture

    Many people believe that continuous improvement is a culture.  It certainly is in the eyes of the Japanese and many others, but is continuous improvement really a culture or something else? …Read More

    This entry was posted in Business Hierarchy of Needs®, Continuous Improvement, Driving Continuous Improvement Series, Strategy 5.0, Value stream mapping, on February 20, 2018

Subscribe To Group50 Blog

Call us: +1 (626) 644-9746
Quick Contact
error

Please share if you liked this article