Business going increasingly Digital? – Rethinking Business Continuity and Disaster Recovery

An earlier blog talked about the building blocks for aligning and integrating IT with the business. As IT becomes increasingly intertwined with the core operations of the company it’s time to take a fresh look at traditional middle market approaches to IT related Business Continuity (BC) and Disaster Recovery (DR). Continue reading Business going increasingly Digital? – Rethinking Business Continuity and Disaster Recovery

Why Hire a Strategic Planning Consultant? – Effective Strategic Execution

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 Continue reading Why Hire a Strategic Planning Consultant? – Effective Strategic Execution

Business Restructuring : Operational and Financial

Every company is faced with some type of restructuring activity during its history. The restructuring process is painful and often unsuccessful. There are two basic types of restructuring: financial and operational. Financial restructurings are often a result of poor operational performance and the reality that the management team has not responded quickly enough to changing business dynamics. In this case, a wall to wall cost takeout is called for. Often, the need to restructure is a gut reaction by senior management in response to perceived weaknesses in the business. This article focuses on operational restructuring and the process for planning and successfully implementing it.

Continue reading Business Restructuring : Operational and Financial

Elements of an Effective Supplier Management Program

You would think that in today’s world, effective supplier management programs are well defined and utilized throughout every company. The sad fact is that we have worked with middle market companies up to $500M in annual revenues who don’t have an effective supplier management program. The smaller the company, the worse it gets despite the fact that supplier management is one of the 7 critical business processes that every company must master in order to achieve long term success. Many organizations have Continue reading Elements of an Effective Supplier Management Program

Distribution Strategy: Choosing a New DC

Unhappy with your current DC? Expanding to a new region?

Whatever your reason for wanting to open a new warehouse or distribution center, you know that the decision can’t be taken lightly… and 3PL providers don’t make it easy to do side-by-side comparisons of their services and prices. There is more to developing an analysis of the options than Continue reading Distribution Strategy: Choosing a New DC

7 Critical Business Processes That You Live or Die By

Working capital, cash flow and operating profits are primary measures of senior leadership performance. Companies audit their financials every year to validate compliance and performance, but typically don’t have an audit plan for critical business processes that impact these performance measures and the customer’s perception of performance.

There are 7 critical business processes that every company must Continue reading 7 Critical Business Processes That You Live or Die By