1900 West Park Drive
Suite 280
Westborough, MA 01581
Phone: (508) 366-9203
Fax: (707) 276-3833
7760 France Avenue South
Suite 1100
Edina, MN 55435
Strategy Development and Implementation
Core Success Measures
Well managed and successful insurance companies have at least one thing in common. They have a clear understanding of what they need to accomplish over both the short and long term. One of the best ways to ensure that this understanding and vision becomes a meaningful management tool is to translate the understanding into core success measures.
Core success measures are not just at the corporate level but are found throughout the company. Each division, department and team of employees has specific measures they must meet to ensure their area supports the corporation’s goals.
McDonald Consulting Group is well versed in assisting in the development of these measures that are fundamental to the organization. Companies that use these metrics see them turn their strategy into action and drive the results necessary to achieve both the short and long term goals. We can help your organization and employees gain the focus required to drive success.
Balanced Scorecards
Balanced Scorecards are broader than what most organizations use to monitor their success. Use of financial and non-financial indicators clearly identifies and communicates what is important to an organization’s overall success, and what each area must do to contribute meaningfully to it. Employees are more effective and engaged when the have a clear line of sight between what they do on a daily basis and the organization’s results.
McDonald Consulting Group is experienced in assisting organizations in Balanced Scorecard development, deployment and management. We can ensure strategic alignment of core success measures as they cascade throughout the organization.
Strategic Planning
Good companies achieve success because they develop and follow a road map that drives them to their results. Most companies look out 3-5 years and develop plans based on the market environment to drive bottom line results. Key areas of focus and initiatives are identified that over time will fulfill the long-term organizational objectives.
The McDonald Consulting Group can work with your organization to ensure clarity of your Strategic Plan and ensure a sound road map. Our unique experience and knowledge of the industry can help avoid frequently encountered problems – both the obvious and not so obvious.
Annual Planning
In order to accomplish strategic goals and objectives, annual planning is essential. Annual planning is the building block of organizational execution. Annual Planning done well is a year round activity with regular updates on results and well as course corrections based on market and business needs. You will never accomplish your strategic goals without a sound and effective annual plan and planning process.
McDonald Consulting Group can assist your organization run its annual planning in an efficient and effective manner ensuring that you achieve your results. Our approach will provide you a best in class planning process with industry knowledge and expertise.
Project Management and Support
Every annual plan is made up of projects and initiatives that support key areas of focus. Ensuring that plans stay on track and are effectively updated and communicated is critical. It is impossible to make appropriate course corrections if you don’t know whether you are on track and work is being accomplished in a timely and effective manner.
McDonald Consulting Group can provide a wide range of options to assist in ensuring initiatives stay on track and are effectively communicated throughout the year. We have the experience from guidance on project management to more active hands on help with execution.
