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Strategic Planning

PROBLEM:  

A high precision machining company was growing rapidly in both revenues and employment. While this was excellent news for the company, the leadership team recognized that the business could no longer be run as a small, job shop enterprise. They needed assistance to review their vision and realize their goals while complying with the company mission. Due to drastic changes in the business, a complete assessment of the strategic plan was required.

APPROACH:

CMS facilitated several working sessions with the leadership team to create a new Strategic Plan for the growing company. The following tasks were undertaken:

• The leadership team created an updated Vision and Mission for the company
• Reviewed and agreed to the company’s Core Values
• Identified Critical Competitive Advantages
• Envisioned future state of the business was generated and approved  

• Strategic business objectives were created that were necessary to uphold the Mission and continue to move the company toward its Vision  

• The current management structure was reviewed using value stream mapping techniques
• Reviewed current positions for job content
• Outlined wastes in the current processes
• Created a new process and rework of job duties by function

• A new management organizational structure was generated
• Created job descriptions for each position
• Reviewed each current staff member’s skills
• Assessed gaps in needs
• Outlined new employee needs
• Developed training plans for employees needing skills updates for positions in the new organization  

• Project plans were created to move to the new organization structure
• Key new staff members were hired using the new job descriptions  

• Plan for a team-based employee satisfaction program
• Developed incentives and rewards structure based on company, business, and team performance vs. goals

RESULTS:

• Vision and Mission
• Core Values
• Critical Competitive Advantages
• Strategic Business Objectives
• New Organizational Structure
• New and upgraded job descriptions
• Employee skills assessment
• Strengths and weaknesses
• Team skills assessment to address skills needed from external hires
• New hires to leadership positions
• Project plan to reach new organizational structure and improve process flow using new job functions

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