Strategic Consulting

In today’s world, sustainable success requires not only doing things right, but also innovation and a continuous business cycle of Business Analysis, Planning and Growth. Tomorrow’s success stories are today’s Businesses who are adopting a structured approach to the Business Cycle, Strategic Planning, and Business Planning. Intell Business Solutions provides guidance and consulting to businesses through these processes. Whether a start up venture, acquisitions, change, or preparing for growth, Intell Business Services can guide and support your business. Our Strategic Planning process provides control systems, insight, creativity, and analysis. We help plan a road map to your potential through defining business situations, problems and opportunities, and alternatives. Strategic Planning The strategic planning cycle is a continuos process of measuring performance against objectives, strategies and targets that have been set in advance. Strategic planning, forecasting, budgeting and monitoring of actual expenditure are all essential components in the implementation and execution of a strategy that moves an organisation towards its objectives. When any component is performed in isolation however, they risk providing little value. Intell Business Services role is to integrate all relevant decisions so they are based on the ongoing accumulation of relevant information in line with the strategic objectives. Strategic planning must separate the strategic elements from the operational ones. Once a strategic focus is identified, priorities for future expenditure can be decided and translated to the operational plan level. Strategic Plans need a structure that is easy to follow, that is “drilled down” from the vision, mission and objectives to the next level, as shown in the below diagram. Levels include goals, strategies, tactics, and key performance indicators. The importance of performance measurement goes beyond just keeping score. The real key to an effective performance measurement system is to have a good strategy that measures criteria according to effiency and effectiveness for each goal, strategy and tactic. Indicators need to be SMART – specific, measurable, action-oriented, relevant and timely. An effective performance management system should help the organisation to Identify opportunities and problems in a timely fashion Determine priorities and allocate resources based on those priorities Change measurements when the underlying processes and strategies change Delineate responsibilities, understand actual performance relative to responsibilities, and reward and recognise accomplishments Monitoring progress against the detailed plan is vital because it shos whether the organisation is on target. An analogy is to travel a road on a journey without knowing the names of the townships, descriptions of landmarks or the locations of road junctions. These are essential and vital indicators for a successful and timely journey. The strategic plan should be updated regularly to reflect new information and changing circumstances as they impact upon the organisation’s operating environment and statutory requirements. This action means the organisation is not locked into strategic actions. If it becomes apparent through the revelation of additional information that a better, more appropriate course of action can be pursed, it can be. The Strategic Plan will continue to be reviewed through the business cycle and quarterly reports are made on the progress of achieving the strategic objectives.

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