Strategy

Growth and change are two realities that no business can afford to ignore. Sustainable strategies that help your business innovate and grow while reducing costs and leveraging talent are just as essential as having the agility and creativity to respond to rapidly changing environments. By taking time to understand your business and the issues and challenges you are facing, our Advisory team uses local knowledge and global practice to help you challenge conventions and introduce and deliver strategies that work specifically for your business. While providing strategic consultancy, our entire CORE Team is involved, each utilizing their own unique specialties and skills.

MyCFO uses The Drivers Model, which is a proven methodology for helping an organization identify its business problems and construct an effective strategic plan of action for solving these problems, and establishing a clearly defined strategic direction.

Phase 1: Situation Assessment: where are we now? Understanding the current situation is vital to driving success. Often, planning teams summarize the current situation information into a SWOT analysis: a summary of the organization’s key strengths. weaknesses. opportunities. and threats.

Phase 2: Strategic Direction: Where do we want to be? The heart of strategic direction setting is this second step. In the Drivers Model, the information from the situation assessment is combined with the understanding of future trends to develop the vision statement and the mission statement.

Phase 3: Implementation Planning & Monitoring: How will we get there? And, how will we monitor progress and make adjustments? The key value of strategy development comes in the implementation of the plan. However, all too often, strategic plans become artifacts on a leader's bookshelf. The Drivers Model includes an implementation and monitoring phase to be sure this doesn't happen.