SUCCESS ELEMENTS utilizes a proven 8 step process to enable its clients to move through the implementation of their decision to transform their companies for the better. Whether all of the process or parts of the process are used is determined by the status and/or need of the business. Regardless, leaving decisions to chance is not an option that we recommend. Our Process while not revolutionary, does allow owners to travel a road of discovery en route to more relevant, informed decisions. Making a more informed, balanced decision leads to measurable value and ensures the long term success of the business. And that’s what we all want.
Once an owner/founder has confirmed or refined the Vision for the company and has framed the targeted goal, the transition process can begin. This clarity of vision is a watershed moment which brings together the owner’s recognition of the need …
Clarity of Vision
Once an owner/founder has confirmed or refined the Vision for the company and has framed the targeted goal, the transition process can begin. This clarity of vision is a watershed moment which brings together the owner’s recognition of the need to change, a vision of the future and the commitment to take the first step. It can be a liberating exercise to move from frustration and being temporarily stuck to starting a process to move to the next level. As part of this exercise SUCCESS ELEMENTS works with its clients, to refine not only the Vision, Mission and Values of the company but also the company Goals to ensure they are all in sync with the targeted destination. Once completed, the Owner can confidently move to the next stage.
Understanding the baseline or current status of the company prior to moving forward is critical. Without this information money, time and human resources can be misapplied and wasted. To ensure this does not happen SUCCESS ELEMENTS introduces a Business Diagnostic …
Business Diagnostic
Understanding the baseline or current status of the company prior to moving forward is critical. Without this information money, time and human resources can be misapplied and wasted. To ensure this does not happen SUCCESS ELEMENTS introduces a Business Diagnostic Tool which assesses the company across 10 study areas including leadership, management and key personnel (Extended DISC). The resulting computer generated reports are then reviewed with the client in considerable detail. The purpose of which is to uncover the root cause for the areas that are underperforming and isolate department opportunities that can be built upon.
In many cases, a secondary analysis, a Strengths/Weaknesses/Opportunities/Threats (SWOT) exercise is conducted to ensure all short and long term topics have surfaced.
Now having established the current status of the company through the Business Diagnostic and SWOT analysis, the areas of need and opportunity have necessarily presented themselves. Establishing the viability of strategic options either to remedy or enhance the areas of …
Strategic Options
Now having established the current status of the company through the Business Diagnostic and SWOT analysis, the areas of need and opportunity have necessarily presented themselves. Establishing the viability of strategic options either to remedy or enhance the areas of focus is the next step. Prior to mapping any options the external environment in which the company operates must be clearly understood. SUCCESS ELEMENTS works with each owner and their management teams to provide research methods and tools to arrive at a profile of the external environment. Specific areas reviewed include: target markets, market needs & purchase motivation, product/service requirements, pricing, advertising/promotion and competition. If there are overriding impactful issues relating to the economy, government policy, technology, or emerging trends, they are reviewed as well.
With a clear understanding of the current status of the company (internal) and the marketplace (external) SUCCESS ELEMENTS works with its clients to determine the value and priority of the strategic options available. We then provide assessment tools and techniques …
Option Value & Priority
With a clear understanding of the current status of the company (internal) and the marketplace (external) SUCCESS ELEMENTS works with its clients to determine the value and priority of the strategic options available. We then provide assessment tools and techniques to assist the owner and management in establishing the value and rank of the possible project options. Weighing both the value and priority of the option, the ownership selects those projects to pursue in rank order.
With strategic options selected and ranked, 3 resource components (Time, Team & Money) are reviewed for the number #1 ranked project. SUCCESS ELEMENTS working with company owner and management assess the timelines and project elements that need to be completed …
Resource Requirements
With strategic options selected and ranked, 3 resource components (Time, Team & Money) are reviewed for the number #1 ranked project. SUCCESS ELEMENTS working with company owner and management assess the
timelines and
project elements that need to be completed for the success of the project. Project elements are then matched with skill sets and profiles of available staff to form the Project Team. At this stage many companies elect to use
Extended DISC assessments to select project members. As a final step, a Project Budget is finalized based on the project elements including Project Team incentives, if and where required.
Whether a company is stabilizing or moving to the next level, there is not a better time to take stock of existing systems and processes. Where budgets permit and scale warrants it, engaging an independent Business Analyst to review …
Systemization Opportunities
Whether a company is stabilizing or moving to the next level, there is not a better time to take stock of existing systems and processes. Where budgets permit and scale warrants it, engaging an independent Business Analyst to review existing systems and processes and to make recommendations is a highly valuable exercise. Alternatively, SUCCESS ELEMENTS will offer its experience and work with owners and management to review systems and processes to arrive at common sense changes that may have been overlooked in the past. Systemization is the most overlooked and underutilized strategy a small / medium size business owner can use to improve productivity and efficiency.
Once the above is complete Tactics supporting the Strategies are detailed with specific Action Steps to be completed by the Project Team. SUCCESS ELEMENTS provides project templates for owners and management to work with so that the process is seamless. …
Tactics / Actions
Once the above is complete Tactics supporting the Strategies are detailed with specific Action Steps to be completed by the Project Team. SUCCESS ELEMENTS provides project templates for owners and management to work with so that the process is seamless. At this juncture it is a good idea to revisit the job description of the Project Team and to ensure performance evaluation is linked to their respective roles within the Project Team.
As the saying goes – “…if you can’t measure it, you can’t manage it.” SUCCESS ELEMENTS works with the owner and management to establish Key Milestones and measurement tools to use during the term of the project to …
Project Management
As the saying goes - "…if you can’t measure it, you can't manage it." SUCCESS ELEMENTS works with the owner and management to establish Key Milestones and measurement tools to use during the term of the project to measure progress and test project assumptions. Since projects tend to be somewhat dynamic SUCCESS ELEMENTS works with Owners and the Project Team designing Contingency Plans that can be implemented if need be.
To determine if all or part of Our Process can help your company…CONTACT US.
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