Success

Business Design Concepts, LLC

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Success

Are you Designed for Success? Here are the eight steps you must take to ensure your organization can compete not only today but through the years.

Document the existing business design

· When a business is not meeting performance expectations you can not know whether it is a design or execution problem if the design can not be seen.

· More than 80% of the time an obsolete design is the root cause of performance issues.

Establish the performance goals you wish to achieve

· Every company has growth and profit goals.

· Business designs must support business goals.

· Setting goals that are not attainable with the existing design is harmful.

· Unrealistic goals are a waste of money and represent lost opportunities.

Establish the strategies you want to execute

· How will the strategic goals be reached given the environment and company’s organization?

· How you will accomplish something is deciding what strategies you wish to execute.

Analyze the design of your business model in light of your goals and strategies

· Just because a goal is set does not mean it can be reached.

· Can you execute your strategies given the constraints of your design?

· If a design can not be seen how can it be analyzed?

Update the design to achieve goals and execute strategies

· The words design and strategy are not interchangeable.

· Changing a strategy has absolutely no impact on the design of a business.

· Designs determine what strategies can be executed.

Create Strategic Plan and Master Project Plan

·         A Business Strategic Plan:
o      Strategic goals
o      Analysis of the changing environment and the
      impact to business
o      Clearly identified strategies and a description
      of each one
o      A list of all strategic initiatives and the
      rationale behind each one.

·         A Master Project Plan is the ‘road map’ all executives want to see:
o    Initiatives, dependencies and the sequence
      of projects
o    Project prioritization no longer exists
o    All initiatives from the Strategic Plan are in
      the Master Project Plan.

Implement the new design

· The design has to be in place in order for strategies to be executed.

· The Master Project Plan shows how to implement the new business design.

· To receive the full benefit of a new design it must be completely implemented.

Execute the strategies

· The entire design does not have to be in place before management starts to see positive results.

· Some strategies can be executed with the existing design while others can be executed after particular initiatives are completed.