HCP Management Consultants - In
Practice
HCP has extensive experience in strategy and strategy related
assignments, from formulation to implementation. Following are One Page
overviews of examples of our services. These are followed by
descriptions of client assignments.
One page Overviews:
Better Strategy, Better Results: Benefits of a re-engineered
strategic planning process
A
recent survey conducted by the Macquarie Graduate School of Management
revealed considerable insight into the practice of strategic
management in Australia. Findings from the survey concluded that a
high 77% use ‘away days’ as a means to discuss and/or decide
strategy. Although 66% of attendees agreed that on the whole, the
‘away days’ were a success, a less positive outcome was that;
only 19%
thought that the outcome (from the ‘Away Day’) would deliver a
considerable change in the strategic direction of the organisation.
This finding confirms
HC+P’s long held belief that although essential, the strategic
planning process on many occasions tends to contribute very little to
a robust and effective strategic outcome. In addressing this issue,
HC+P has reengineered the strategic planning process. Through our
fully integrated Strategic Management Framework our approach is
designed to deliver results.
Through
our fully integrated Strategic Management
Framework our
approach is designed to deliver results, illustrated as follows:
Our
re-engineered process doesn’t eliminate ‘away days’. Rather, we
give it a different emphasis to ensure better strategy and better
results are achieved. The more positive outcome is delivered through:
·
Redesigned process: Use
of strategy formulation mechanism (Strategic Architecture) that links
strategy formulation with execution (Pathway
to Implementation).
·
Immediate identification of ‘Gaps’ in
strategy: Use
of cause and effect analysis readily illustrated in the Strategic
Architecture.
·
Greater input and rigour ‘up
front’:
(another survey finding: 57% of
respondees consider that attendees give no or minimal preparation to
the strategic planning ‘Away Day’).
·
Alignment: Enterprise
wide visibility and monitoring of agreed
(implementable) strategy.
One
Page overview of our solution can be downloaded here: Reengineered Strategy Process.pdf
Cascading strategy: Obtaining the benefits of enterprise wide strategic
alignment
When
strategy is discussed, it is usually in the context of a corporate
strategy, a business unit strategy, or that of some other clearly
defined entity. Very rarely is strategy considered in the context of
an enterprise wide solution. The inevitable result therefore is that
strategy:
·
Is rarely ‘’aligned’
with Corporate, Division, or any other part of the Group Strategy,
·
Will usually remain in presentation format – in the
GM’s top drawer, and
·
Is poorly implemented;
responsibility is rarely assigned effectively and almost never
‘monitored’.
In
addressing the problem, HC+P practitioners apply a strategic alignment
process that effectively ‘cascades’ the strategy – from
corporate level to independent business unit – and down to
individuals, if appropriate. The process forms part of our fully
integrated Strategic Management Framework, a
structure that delivers the following results:
Benefits
from an enterprise wide, cascaded and fully integrated strategy are
delivered through:
·
Redesigned process: Use
of strategy alignment mechanism (Strategic Architecture) that links
strategy - organisation
wide (enabled through the associated Pathway
to Implementation).
·
Visibility:
through the Strategic Architecture,
strategy is depicted in a single page. This provides greater
visibility and understanding and leads to greater acceptance and
commitment.
·
Gap Analysis:
Because of the structure of the Strategic Architecture any potential
‘gaps’ in strategy are immediately recognised and resolved.
·
Method of Automation:
automation delivers visual communications through some form of
‘dashboard’ monitoring mechanism. When used appropriately,
automation can provide a significant ‘step up’ to the
effectiveness of a strategic management program.
One
Page overview of this solution can be downloaded here: Cascading Strategy Organisation Wide.pdf
Download
other
One Page overviews here:
Aligning
Knowledge to Strategy - The foundation of strategic change: HC+P Knowledge Management Overview.pdf
Strategic Architecture:
Identifying
Gaps and enhancing strategy: Getting results through Strategic Architecture.pdf
High Performance Growth Strategies:
Out of the Red and into the
Blue:
High Performance Growth Strategies Out of the Red.pdf
Strategic Business Intelligence:
Transforming Source Data into a Formidable Competitive Advantage: Strategic Business
Intelligence.pdf
Insights Into an Uncertain Future: Application
of Scenario Based Simulation Models and
War Games:
Scenario
Analysis and
War
Games.pdf
Although strategy is fundamental to business our research shows that
only 24% of firm’s develop ‘maps’ of
their
strategy.
Our experience has shown that maps are fundamental to
successful execution, they also provide considerable
insight into any ‘gaps’ that may exist – those areas where development
is warranted or enhancements required.
Overview of Case Studies
Australia’s Largest Advertising and Media Company:
Strategic Management: HC+P initially conducted
an analysis to
identify how the link between the company’s strategy and its budget
could be improved. The results of the analysis showed that a Strategic
Score Card (SSC) would provide the method to establish the link and
our consultant was subsequently seconded to the organisation for a six
month period, to assist with its introduction. In this capacity, our
consultant held the position of Director, Corporate Strategy and was
responsible for the development of the conceptual design of the
strategy maps, the development of Key Performance Indicators and Score
Card content and the selection of appropriate software.
Whilst working to establish the Strategic Score Card our consultant
applied the foundation parameters of a fully integrated Strategic
Management Framework. Using this framework, our consultant also worked
to establish and develop a newly defined Strategic Management
Department whose tasks were identified as:
- the design, introduction and development of an Innovation
Program,
- establish the foundation of a business case leading to the
development of a Knowledge Management program incorporating;
Competitive Intelligence, organisation wide Performance
Measurement, Management and Reporting Capabilities and ultimately,
a Business Intelligence strategy.
- the conduct of strategic reviews of 2 Business Units, and
- the redesign of the structure of the (64 person) Finance &
Administration Department
Key outcome: In the six month period a pilot
Strategic Score Card using advanced software capabilities was
established and the foundation for development firmly developed. The
innovation program commenced and the input identified for inclusion in
the Business Case for a Knowledge Management and Business Intelligence
program. In addition a 5 person corporate strategy group and 20 person
‘virtual’ (corporate wide) group was established and charged with
the development of the above programs.
Additional Programs: Program Management: In addition to
the above programs HC+P was also asked to to provide assistance with
the establishment of a comprehensive Program Management capability. In
this assignment our consultant was asked to work with approximately 20
Business Managers of the biggest Division of this organisation; to
assist with the definition and collation of the the many initiatives
they had identified, and to develop a prioritisation and
implementation ‘roll out’ program.
Additional Programs: Business Unit Strategy: Our
consultant was also asked to facilitate the development of a small
Business Unit within this organisation – with the business strategy
developed to provide a better understanding of the future
directionof the business.
International
Printing Company: Strategy: Conducted Strategic Business
Review and facilitated strategy formulation (incorporating new
business opportunities) leading to development of detailed
implementation plan.
Key outcome: Understanding of parameters for investment in
growth business and subsequent development of that business.
Textile
Manufacturer: Strategy: Conducted Strategic Business Review
with an emphasis on competence analysis and then facilitated
strategy formulation program.
Key outcome: Alignment of core competences at plant level to
most relevant markets, leading to significantly improved sales and
marketing effectiveness.
“Real Time” Assembler and Distributor of consumable Goods:
Organisation Structure and Design: The CEO faced a
restructuring agenda from the Corporate Office and sought our advice
on matters of strategy, structure and organisational effectiveness.
Key outcome: The CEO
was provided with a comprehensive understanding of critical
strategic issues facing his business as well as alternative
strategies and structures. This allowed him to retain control of the
change program being driven from the corporate office and an
opportunity to ‘kick start’ change – based on his own agenda.
Plastics Manufacturer: E Business Strategy: Conducted
Strategic Business Review with the purpose of establishing the most
appropriate application of E Business solutions to our clients
customers.
Key outcome: Organisation deemed not ready for E Business and
advised to address fundamental business issues as a priority.
Chemical Manufacturer: Supply Chain Strategy: Conducted
Strategic Business Review of this organisations Supply Chain
capabilities and provided advisory role during implementation.
Key outcome: Client applied knowledge gained from the review
as a basis for revised organisation structure and then sought to
introduce technology as a means to realise benefits recommended in
final report.
Building Products Manufacturer: Physical and Organisational
Structure Review: Our client had outgrown existing premises
and sought our advice as to the most appropriate business and
operating model for the future. HC+P conducted a review of their
operations to determine the most appropriate location for a
distribution/manufacturing facility and the most
appropriate organisation structure required to effectively manage
the business.
Key outcome: Facing extremely limited resources we
recommended our client consolidate operations in a metropolitan
facility, supported by a leaner management team, and staff members
with more appropriate skill set.
Information Services Provider: Value Chain Analysis and Product
Cost/Profitability Review: HC+P assisted the CFO of this
organisation with a review of its cost structure and product mix,
applying ‘Value Chain’ and Activity Based Costing principles.
Key outcome: The CFO was able to provide the owners of the
business (a consortium of major corporations) with a comprehensive
overview of how and where value was added through its service
delivery mechanisms, as well as a high level profile of its product
profitability and cost structures.
Appliance Manufacturer: Organisational Transformation: As
part of a global manufacturer, the CEO faced increasing pressure to
close the Australian manufacturing facility and replace locally
produced goods with products sourced from overseas. The CEO sought
the most appropriate solution to this issue and sought assistance
with the development of the optimal solution.
Key outcome: The analysis revealed that the majority of
manufacturing should be transferred to the parent organisation,
allowing the Australian arm to transform itself into a distributor,
offering more modern and higher value added products to its customer
base.
Building Products Manufacturer: Plant Location Analysis:
Assisted with the construction of a financial model to determine the
most appropriate location for a manufacturing facility, currently
located in a regional Victorian city.
Key outcome: Three alternative solutions were identified,
including an option to leave the facility in its current location.
The overall business model led to the recommendation to move the
facility to a Melbourne metropolitan site.
Pharmaceutical Distributor and Manufacturer: Organisation
Restructuring and Business Process Review: Assisted with
a review of the business and organisational structure and
identified opportunities to considerably improve efficiency and
effectiveness as well as to reduce operating costs.
Key outcome: Recommended that the business restructure
itself, moving from a State to National operating structure.
Subsequent move resulted in realisation of significant cost
savings and enhanced customer service. Advice was also given on
the most appropriate structure to leverage a recent acquisition
through the integration of all aspects of the business.
Consulting Engineers: Leadership Development Program:
Provided support to Regional Director in area of leadership and
managerial effectiveness.
Key outcome: coached senior manager with new management
style and way of ‘thinking’, providing foundation for their
future development.
Utility Company: Leadership Development Program:
Provided support to leadership team to improve leadership
effectiveness and to conduct personality profile tests, leading
to the introduction of more effective teamwork.
Key outcome: Provided foundation for the development of
individual competences and a more effective management team.
Media Company: Strategy/Planning Effectiveness:
Conducted review of budgeting and planning process, identifying
link between strategy, planning and budgeting processes.
Key outcome:
The review identified important ‘gaps’ between the business
strategy and planning/budgeting process, resulting in enhanced
management control and more effective method of strategy/budget
formulation.
Management Education Institution: Strategy Formulation and
Implementation: Conducted Strategic Business Review and
facilitated strategy formulation (incorporating new business
opportunities) leading to development of detailed implementation
plan.
Key outcome: Identified fundamental business issues that
required resolution, prior to development of opportunities
leading to growth and subsequent development of new business
opportunities.
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