10 Elements of an Effective Supply Chain

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. (more…)

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 (more…)

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.

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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.

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®” . (more…)

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. (more…)

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: (more…)

• 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. (more…)

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. (more…)

• 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.