Evaluate Strategy
Data Fields and Collections, Analysis and Recommendations, Reporting and Process Improvement
Step 1
Ensure Data Fields Are Hierarchical, Complete and Consistent
Data Tracking provides executives, managers and employees with the details needed to inform their decision-making.
It consists of your:
- Data category hierarchies and fields
- Data field naming conventions
- Compliance with data field completion
- Data storage and interconnections
Common data hierarchies include products/services, industries, geographies, companies/customers, employees, departments/processes, and revenue streams.
Services
We provide the following methods and tools to help you:
- Audit your data hierarchies, fields, naming conventions, storage and interconnections.
- Map your data category hierarchies and field structure
- Define your data field naming conventions
- Monitor data entry compliance for accuracy and completeness
- Facilitate executive workshops to gain alignment, understanding of your data structure for decision-making..
Step 2
Integrate Data Tables For Consistency and Integrated Analysis
Data Analysis converts internal and external raw data into actionable insights to improve alignment and decision making including:
- Predicting future outcomes.
- Diagnosing problems.
- Finding the best course of action.
- Identifying trends and relationships.
Common data analytics include predictive, prescriptive, diagnostic and descriptive analytics.
Services
We provide the following methods and tools to help you:
- Document your data tables and sources.
- Integrate your data tables into one storage location.
- Conducting data analysis.
- Explaining findings.
- Preparing options and recommendations.
- Briefing executives, board members, managers and employees.
Step 3
Organize and Display Data and Analysis To Align Managers and Employees
Data Reporting presents data, analysis and recommendations to board members, investors, executives, managers and employees for the purpose of:
- Building awareness.
- Gaining alignment.
- Creating urgency.
- Prioritizing improvements.
- Making timely decisions.
Common data reports include financial, customers, process, employee, industry, stakeholder, and external economic.
Services
We provide the following methods and tools to help you:
- Facilitate dashboard design.
- Cascade of dashboards to create clear line of sight.
- Train board members, executives, managers and employees how to use data reports.
- Facilitate dashboard review meetings (daily, weekly, monthly, quarterly, annually).
Step 4
Clarify Process Improvement Action Plans
Process Improvements enable managers and employees to take corrective actions and/or implement new processes and technology. It consists of:
- Defining opportunities for improvement.
- Reviewing internal and external data and analysis.
- Prioritizing improvements.
- Crafting action plans that identify goals, steps, accountability, milestones and completion dates, and key performance indicators.
- Monitoring completion of action plans.
- Tracking results of process improvement outcomes after implementation.
Services
We provide the following methods and tools to help you:
- Recommend process improvements
- Facilitate process improvement targeting, and action planning to close gaps.
- Facilitate process improvement planning meetings (weekly, monthly, quarterly, annual).
- Facilitate accounting meetings to keep process improvements on track.
- Train executives and managers on process improvement.