Utilising Evidence Based Strategy for Operational Results
How we perform to win
Our highly scalable approach has been tested within national and
state-wide businesses that transcend the boundaries of multiple
business units.
state-wide businesses that transcend the boundaries of multiple
business units.
As a project outcome, our strategy and architecture approach facilitated the development of a sector-wide business strategy for seven large Government Owned Enterprises (GOE’s). Though it was acknowledged that these seven agencies worked “as a sector”, limited mechanisms were in place to ensure the effectiveness of the overall extended enterprise. While this arrangement is often tolerated within an economic boom, this unsustainable practice is exposed as ineffective within the context of a slowing economy, tight fiscal environment and increasing service demand.
An evidence-based business strategy for a multi-agency enterprise was thus facilitated through:
· Business Environment Analysis – Understand the critical business drivers, environmental factors and management controls for the organisation / s.
· Business Model Design – Understand the core business process, information, technology and people capabilities that combine to provide services within a supply chain of partners, suppliers and clients.
o Demand forecasting - Quantify the impact of economic,
socio-economic and demographic factors on the core process
socio-economic and demographic factors on the core process
o Business simulation model – Quantify decision points and
flows in the core process
flows in the core process
o Resource capacity and financial models – Quantify capacity utilisation and service costs
· Business Scenario Analysis – Utilising the quantified business models above, undertake an informed scenario analysis to examine the interplay between the current business model and likely future business scenarios. Then, identify preferred future-state business models.
· Gap Analysis – Determine the gaps between the current business model and the preferred future-state business model
· Strategy Development – Develop an implementation roadmap utilising coherent stages and work streams.
Our commitment to deliver
The above approach was successfully applied to develop an Evidenced-Based Strategy to improve effectiveness and manage service demand, within the context of a tight fiscal environment.
4impact provided SME and culturally aligned consultants who provided “real insight” into the GOE’s challenges, as opposed to an “expensive truth”. More importantly the 4impact team provided IP transfer of the concepts around Evidence Based Strategy Decision making, now an intrinsic part of the Company’s processes.