Category: Strategy
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Hoshin Kanri: Building high performance and results in SMEs across the globe
A tool for aligning vision, goals and actions Hoshin Kanri is a strategic planning model that originated in Japan and is based on the principles of lean management. It is a method of continuous improvement that can help entrepreneurs align their daily work with their long-term goals. It eliminates the waste that comes from inconsistent…
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PDCA: A simple and effective way to refine your strategy and adapt to change
Excellence is not a destination; it is a continuous journey that never ends When you run a company, you face many challenges and uncertainties, especially in times of crisis. You may have to deal with competitors, customers, investors, regulators, employees, and other stakeholders who have different expectations and demands. You may have to make decisions…
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Value Stream Mapping: Why it should be your first step to define your strategy
VSM : The key to aligning your processes and goals Value stream mapping is a powerful technique to visualize the flow of work and identify the sources of waste and inefficiency in any process. By designing value stream maps, you can align your leadership and teams around a common vision of how to deliver value…
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Thriving in times of crisis: The power of Lean and Management Control in SMEs
Crisis-Proofing your business ? Embracing Lean’s transformational power In the world of business, navigating through turbulent times requires a strategic shift. Sustainable growth often faces threats, and organizations can find themselves challenged by stagnation or even a decline in competitiveness. During these periods, societal tensions may rise, and it becomes crucial to adapt strategies for…
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How to manage change and adapt strategy in a dynamic environment
Change Management : A Framework for Organizational Success When a crisis hits, we have a choice: we can either react with fear and panic, or we can respond with courage and purpose. As leaders, we have the responsibility to inspire our teams to embrace the challenge and see the opportunity for growth and innovation. Change…
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How to succeed in introducing Financial Control
Learn Financial Control the smart way The introduction of Financial Control aims to provide objective information for strategic management and decision-making. But the behavior of the different actors in the company always clashes with the technical dimension of Financial Control tools. Control indicators are perceived by some managers as a limitation of their supervisory power…
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The Impact of Lean Maturity on Financial Control Simplification
How Lean maturity simplifies Financial Control Torbjorn Netland (1) explores how Lean Manufacturing affects Financial Control systems and finds that they change after Lean implementation. One of the pillars of the Toyota TPS (Toyota Production System) house is to empower individuals (autonomy) and let teams make decisions on the shop floor instead of remote managers,…
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How financial control can enhance Agility and Value creation
The challenges and opportunities of Financial control in a dynamic and complex environment. The role of management control largely depends on the size and culture of companies, their sectors of activity, the internal and external environment, the strategies deployed, etc. Two aspects are frequently put forward : This rapid evolution of the function poses the…
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Management Control as a strategic tool for value creation
Process for introducing management control in SMEs How do human mechanisms evolve in an SME during the introduction of management control and what are their impacts on the implementation of strategic management in times of crisis? The introduction of a new system often changes group dynamics and increases the doubts and fears of individuals by…
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How to make your company and team learn better
The secrets of building a learning organization Imagine a company that can constantly improve itself by learning from its own experience and feedback. Kaizen, or continuous improvement, is the key to a learning company. This vision can be achieved by any company, no matter how far along they are in adopting Lean, a management philosophy…
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