Download Actionable Strategies Through Integrated Performance, by Stephen S Bonham PDF

By Stephen S Bonham

Indicates execs tips to combine functionality, procedure, portfolio, undertaking, and hazard administration so their businesses can reply extra swiftly and successfully in a hugely aggressive atmosphere. This quantity explains how method portfolio administration builds a company knowledgebase that controls techniques.

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Extra info for Actionable Strategies Through Integrated Performance, Process, Project, and Risk Management

Example text

Many times, such projects can grow into an immense undertaking of process reengineering, systems installation, and, just as scary, systems integration. Although the initial impetus was to provide greater and more accurate visibility through metric refinement, collateral benefits of such projects can include process improvement and risk reduction. For example, at a large, international medical instruments company, it was found that the sales force forecasted its sales inconsistently. 18 Strategic Activity Management While different variables can affect sales across countries, the entire sales force could at least upload forecasts and actuals to a central system.

When deciding on which projects to spend money, a shotgun approach is taken: if more than 50% of the pellets hit their target, it’s a win. Stage 2: Expansion In this F&R stage, a company can still consider itself in the STaRS start-up phase. Here, more effort is spent on acquiring the resources that will help grow a company beyond $300,000 for services companies and $1 million for manufacturing companies. , multiple contracts, additional restaurants, or new branches). , accounting, human resources, and inventory).

Company cultures that have been devastated with layoffs, eaten away by micromanagers, and beat on by an endless stream of organizational change initiatives can lack pride, commitment, and a willingness to adjust for risk. With integrated PePPR management, processes are clearly defined for executives to be notified by managers about staffing shortfalls, by IT about server needs, and by operations about asset lifetime effects. Processes are also clearly defined as to how such notifications are rewarded and tracked for implementation.

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