How to strengthen existing capabilities?

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How to strengthen existing capabilities?

By Mansour Baker, SHRM-CP

Posted 29 May 2020

Each area addresses the activities necessary to realize the desired future state.

Organization has uniform standard of excellence and is employer of choice
Comprehensive operational planning processes ensure successful department-level strategy implementation
Organization-wide collaboration informs strategic decisions and mitigates risks
Advanced vendor management tools and processes enable effective oversight and quality control for all outsourced activities
Technology is leveraged to enhance services

Exhibit 1

The 5 series to strengthen existing capabilities

1. How to enhance company’s culture of excellence?

To develop a strategy and follow-on implementation plan for identifying and building desired capabilities that differentiate the company as the leading of its kind.

2. How to strengthen planning and performance management?

Establish comprehensive annual operational and strategic planning processes for company and all its departments.

3. How to Institutionalize accountability & transparency?

Develop and convene collaborative forums to discuss and draft recommended new policies and processes within critical cross-functional areas.

4. How to enhance procurement and supply chain management capabilities?

Refine procurement and sourcing strategies to coordinate and manage all company supply chain management functions based on an assessment of company’s procurement and material management capabilities and needs.

5. How to use technology as an enabler?

Restructuring company’s IT organization and developing an IT strategy, road-map, and documentation of baseline business requirements to fully align company’s use of technology to its strategic and organizational business needs.