By: Brian Ragan, Senior Strategic Management Consulting Services
The following is part 26 of a multi-part series on The KHA Way, KHA Management Consulting’s Integrated Service Offering. This blog series includes the benefits of using KHA Management Consulting Services and the components included.
In our previous few posts, we discussed KHA Management Consultants final stage of the ‘KHA Way’; Continual Success. Here, we will briefly recap the components of continual success and encourage you to reach out if you are unsure of any facet of your organization’s future.
We first discussed three types of meetings that help organizations incorporate how they operate. The annual strategy session is the big two-day meeting that occurs at the beginning of the year that sets the goals for the year to come. The quarterly strategy session is aimed at breaking the larger goals down into manageable chunks (targets) and monitoring those targets to completion throughout the year. Lastly, the weekly or biweekly tactical sessions, which are action-oriented meetings, break those quarterly targets into action items that are then disseminated down through each leadership team member’s respective team.
The reason we encourage organizations to follow these meeting cycles is to ultimately tune the entire organization towards taking on and completing strategic initiatives. This, ultimately, helps the organization get to a point where the current leadership can exit, either through retirement or through a sale of the business. We also discussed other ways that our KHA Management Consulting team can consult during exit planning. We can assist, through quality of earnings and normalization of earnings analysis to begin assessing the overall health and value of your organization.
If you are serious about growing your organization well into the future or looking to get your organization primed for a transaction, KHA Management Consultants can help. Please give us a call and see what we can do for you.
At KHA Management Consultants, we work with mid-market industry leaders to identify what makes the organization, its stakeholders, and its’ employees tick. We facilitate Process Alignment with your organization’s key constituents to ensure buy-in, ownership, and a new way of thinking about the organization and its stakeholders amongst all levels. From a resource perspective, we primarily use our unmatched experience but also tap into the top-level resources such as those made available by Harvard Business Review, relevant strategic management authors, and MentorPlus. Some of those materials, frameworks, and lessons have been used in authoring this series.
KHA Management Consultants, the consulting department of KHA Accountants, PLLC, based in Flower Mound, Texas, is always looking for opportunities to work with key clients ready to take their organization to the next level. If you have a desire to improve, take the first step toward success with the strategic management experts, and contact us at 972-221-2500.