Tag Archives: Planning

Four Kinds of Help

When it is time to start planning  but the top team is maxed-out just keeping up with operations, outside help may be just the thing. But what kind of help is best to get?

Keep in mind that there are four types of help. Here is a guide you can use to decide which is right for you and your team.

About consultants…what is the difference between them?

Kinds of Outside Help

1. Strategy Consultants

  • WHAT THE LEADER WANTS: Strategy consultants compare organization performance with others in similar and different industries to recommend what is possible in light of advances in technology and trends.
  • THE REALITY: The challenge is for leaders to internalize and adopt new ideas as their own, especially in light of what it will take to implement them. Strategy consultants are known for good ideas and not for helping clients follow their advice.

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Plan Evolution

Here is a sequence leading to a fully developed financial plan that the CEO, top team, broader leadership team, board, and employees all buy-in to achieving:

Senior Team (SMT) takes the broader leadership offsite to review where we were, where we are, and where we’re headed, what we’re proud of and what we need to work on next following the script laid out here. In this forum take both a high-level top-down and beginning to form a bottom up view of the financial plan but it’s not mostly about the numbers…it’s more about strategy…what’s working, what’s not, what is possible, what do we want to do, and what are we going to do. This sets the context for the top down aspirational view of the future to iterate and come together with the bottom up view during the detail planning.

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