Your integrated management system—the processes and operating rhythm that determine how you set priorities, allocate resources, review execution, and adapt to changing conditions—is critical to realizing your strategy. But most management systems were set up decades ago; they may have worked well then, but as companies innovate at a faster pace to compete in an ever more dynamic business environment, their legacy management system often holds them back.
It can be a challenge to move away from a system that has worked well in the past, but by continuing to focus on annual cycles and time-bound strategies, budgets and review processes your company risks missing too many opportunities.
Dynamic Management System is our battle-tested solution to this dilemma. It’s an integrated, interdependent set of processes and operating rhythm:
Strategic planning and prioritization to continuously identify, rank and sequence the most important strategic issues
Resource allocation that employs a dynamic model to allocate financial and human capital to priorities, guided by specific outcomes at specified milestones.
A business review process that monitors actual versus expected outcomes (including KPIs) to drive accountability by assessing what the organization has learned and how best to respond.
Integrated forums, operating norms and behaviors that drive the system’s overall rhythm and support effective dialogues and decision making.
With a truly integrated management system your organization will be poised to thrive in an ever more dynamic and competitive business environment, adapting nimbly to whatever comes next.