A study by Bain and Company indicated that organisations that have clearly defined Vision, Value and Mission statements that are aligned with a strategic plan - outperform those who do not.
Values describe the way people act as a group. Values define ‘who we are’ and ‘how we do things’.
Corporate values decide for people, as a group, what is acceptable and what is not. In other words they set the rules for how to behave.
The first step in the journey is for the key stake holders to agree the organisational values, publish them and then communicate and monitor them with everyone who engages with you; shareholders, management, staff, suppliers, customers and collaboration partners.
Many companies focus mostly on the technical competencies but often forget what are the underlying competencies that make their companies run smoothly — core values.
Managers will gain an understanding of the need for values, mission and vision statements, and how to prepare these along with an effective strategy that describes the organisation's mission, vision and fundamental values. Managers will also be able to structure an effective manufacturing strategy in respect of quality, delivery, productivity, and people.
Programme content includes:-
Your evaluation of the company culture, vision and current goals.
Developing your company ‘Values’ and how you can bring them to life throughout the organisation.
SWOT analysis for the business with discussion and feedback.
Workshop in developing a Vision for the business.
Understanding the strategic/business planning process.
A Balanced Scorecard approach to setting the strategic direction, with examples.
Some Analytical tools including:-
Product Life Cycle Positioning
Workshop to develop a manufacturing strategy. (Half day exercise) Group Coursework – developing a strategy for your department and/or organisation.