I see a large number of Enterprises go through some of the following scenarios:
- Hire management consulting firms (like McKinsey, BCG, Bain etc.) to help them resolve issues taking into account the following areas: Strategic, Operational, Organizational, Financial & External / Market to derive the maximum value for the Enterprise.
- These Strategic Management Consulting firms take into consideration information about all these factors from the approximated past, the assumed present & projected future and beltout strategies & roadmaps.
- If they are involved further, they will outline an execution / operational roadmap. Rarely, do they stay back and help them execute & deliver.
- To add to that, these strategies & their initiatives do not have any ‘deviation’ or ‘exception management’ fallbacks. What if you find that the outcome of a certain strategic initiative is not going in a direction as it was expected? How can you proactively take measures to
- Understand that deviation
- Organize a Plan B
- Execute a Plan B
- Observe the impact of Plan B
- Sustain plan B or Re-iterate and formulate plan B1, B2.. etc.
- What is the Market responsiveness and what is the Change & Sustain model for the enterprise?
- Invest into Data Consolidation / Master Data Management (MDM) initiatives for one or the other purpose. Data Quality issues, Business Intelligence
- …
- Take up and mammoth SOA /ERP-SOA initiatives (IBM, SeeBeyond, TIBCO SOA Stacks, SAP Netweaver E-SOA, Oracle Fusion etc & XYZ SOA Venders)..
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