Optimizing Outcomes and Investment
“Vision without action is a daydream. Action without vision is a nightmare.” Japanese Proverb
ADVISORY
Whether you need a sounding board, an extra resource, or an eye towards the feasibility or impact of a strategic initiative, we can bring resources with the management, industry, and functional expertise to bring an informed perspective to the table, when and how you need it.
“If everyone is thinking the same way, someone is not thinking.”
General George S. Patton
PLANNING
Planning is the process of bringing the future into the present to transform your vision into reality. A sound plan has clear and specific goals, tasks, measurements, and accountabilities, and enables consistent communications and attainment of optimal results.
"Never look back unless you are planning to go that way."
Henry David Thoreau
EXECUTION
A plan helps translate strategy into everyday processes and capabilities. Strategy execution goes beyond project management by ensuring focus on communications, employee engagement, issue identification and resolution, and expectation management.
"In real life, planning is actually very straight forward. You pick a general direction, and implement like hell!"
Jack Welch
About PMG Consulting
“Give me six hours to chop down a tree,and I will spend the first four sharpening the axe.”—Abraham Lincoln
When most organizations undertake strategic change – regardless of what drives it – there's often a disconnect between those who plan and those who must execute that plan. A Harvard Business Review article, "Why Strategy Execution Unravels – And What to Do About It," notes:
-
No Gantt Chart survives contact with reality,
-
Strategic objectives are frequently disconnected from strategy,
-
Communication does not equal Understanding,
-
About 55% of middle managers can name one of their company’s top 5 priorities…and
-
Only 16% for front line supervisors and team leaders, and
-
Fewer than 9% of managers feel they can rely on commitments from other functions all the time, 50% some of the time.
This suggests that saying change will occur is not the same as actually doing so. Good project management alone can't yield optimal outcomes. Effective strategy execution results when initiatives are well defined and specific objectives, goals, and quantitative performance metrics are integrated into the planning process. Engage early and often to communicate accountabilities, impacts, and expectations to improve institutional knowledge and buy-in.
With 30 years of experience assisting companies implement enterprise and business unit changes driven by market, competitive, or regulatory imperatives, PMG Consulting helps translate your Vision into Value.