Change Management in a Cost Takeout Environment

Everyone has been through “Cost Savings Programs” and “Cost Reduction Programs”, but what is the organizational impact of a true Cost Takeout process and what does change management have to do with it?

Key objectives for cost takeout programs are dependent on their time frame and may include: …Read More

Digital Technology organizations are recognized as business enablers and an effective Total Cost of Ownership process is one of the critical tools they should bring to a business. Digital Technology professionals who understand and can articulate the complete business impact of technology products or services become indispensable strategic partners and are sought after by management boards. Revenue growth and increased profits are …Read More

Historically, IT Infrastructure has been viewed as a “cost center” and IT Operations “a necessary evil” because significant human and financial capital expenditures have been required to maintain a functional system.  Over the last few years, middle market companies are beginning to realize that IT infrastructure can be used as a competitive advantage. It needs to be …Read More

McKinsey predicted in its 2016 IT-as-a-Service Cloud and Enterprise Cloud survey that enterprises are rapidly adopting Infrastructure as a Service (IaaS) cloud for their primary workloads. It predicted that the adoption of multi-cloud strategies will jump from …Read More

Most leadership teams believe they have a pretty good handle on how well the company is doing from a cost and productivity standpoint. They probably do know the people side fairly well being that it is relatively easy to measure:  $Revenue/$ of labor cost or $Revenue/person is a standard measure, while time standards for all sorts of activities are very common.

Attempting to understand how efficient their business processes are is …Read More

“With the addition of its Digital Technology Practice, Group 50 is fast becoming the only Consulting Partner needed by middle market companies” …Read More

Middle market leadership teams are faced with the challenge to maintain their competitiveness in the marketplace and keep up with the fast-paced changes in technology.  They are on the threshold of a new world of operational efficiency, productivity and customer engagement.  When speaking with senior leaders of middle market companies, we routinely hear the following questions: …Read More

Every leadership team should be asking questions about their social networking strategy. They wonder how Twitter, LinkedIn, Facebook, Google Plus, CRM, Sales Force, Customer Portals, Websites, Blogs and other platforms can be utilized for business development purposes. We have been developing those thoughts at Group50 for the last 14+ years.  We have spoken with hundreds of companies, and have found a wide disparity between their efforts and the type of business they are in. Although not a formal study, our general findings are as follows: …Read More

I read a blog posting from our strategic execution partner Cascade about the reasons strategic execution fails.   To summarize, they are:

1. Lack of buy-in from the team
2. Unclear objectives
3. Failure to account for business as usual
4. Loss of momentum
5. Unwillingness to iterate
6. Lack of alignment
7. Failure to celebrate success

 More importantly, …Read More

Successful enterprises across the globe have leveraged on the vast experience, in-depth knowledge and understanding of a strategic planning consultant that is capable of working with senior leadership on strategic execution: been there, done that.  This effort is a cornerstone of gaining competitive advantage and thriving in highly competitive marketplaces. An effective strategic execution program facilitated by an experience strategic planning consultant helps …Read More