Professional staffing challenges

Working with a “magic circle” law-firm shows interesting twists on the standard challenges of developing staff and experience (see HR gets dynamics with examples and models). Professional firms need ‘leverage’ – many juniors per partner – so would prefer a wide, flat pyramid. But that is only possible for easily replicated services, and smart clients know they can buy those cheaply … so top firms try to offer high-value services, but those depend critically on small numbers of specialist staff.

The trick these and others professional ...

Continue Reading →

27
DEC
2014

0

Share

Strategy

experience, knowledge, law firms, magic circle, professional service firms, staff pipeline, Strategy, strategy dynamics

Supply/demand everywhere

Posted by: Kim Warren

Working with public officials in Tyumen region of Russia highlighted the still-wider generic nature of the systems that strategy and policy try to design and operate well. Every commercial business serves customers with products or services and do so using capacity of various kinds operated by staff. Customers drive demand (sales and revenue), there may be a cost-of-goods, and capacity + staff drive the supply the business can deliver at some cost.

The surprise in venturing out of the corporate world into other sectors is how universal these relationships are. ...

Continue Reading →

17
DEC
2014

0

Share

Strategy

Aid for Trade, business systems, disease prevention, enterprise architecture, export trade, international development, public administration, road network, strategic architecture, strategy dynamics, strategy theory

Generic architecture = rock-solid theory

Posted by: Kim Warren

Strategy Dynamics gives confidence because its standard architectures (systems of resources and performance) are utterly reliable. It is no surprise that we find the same factors linked in the same way in any sector … every retailer serves consumers with products through stores operated by staff. But rename or replace these items and you have an airline, a school or hospital. Same applies across service companies of many types, manufacturing firms, banking …

Of course important details must be got right and adapted ...

Continue Reading →

7
DEC
2014

1

Share

Strategy

business systems, enterprise architecture, strategic architecture, strategic management, strategy dynamics, strategy theory

Business process and dynamics

Posted by: Kim Warren

BP deals with processes for doing activities, which are done *to* things [people, equipment, orders, products, cash]. SD deals with the things themselves, which flow into, out of, and between states [the stocks]. Almost all of BP therefore describes the processes that are undertaken to influence those flows – hiring people, developing products,processing orders, collecting cash – and efficient processes make that happen fast [or slow if it’s a rate we want to limit]. Some simple examples of resource structures to which BP ...

Continue Reading →

4
OCT
2014

0

Share

Strategy

BPR, business process, HR, strategy dynamics, system dynamics

Strategy Dynamics Briefing 87: The end – or the beginning?

Posted by: Kim Warren

We hope you have enjoyed this series of briefings on Strategy Dynamics and found the ideas useful. The story we have told matches the structure of the textbook Strategic Management Dynamics (Wiley, 2008), and the shorter e-book Strategy Dynamics Essentials.

We should be concerned with how performance improves over time, not in static ratio comparisons (Chapter 1 and Briefings 1-6).
Resources drive performance, so we need to understand and specify these items (Chapter 2 and Briefings 7-10).
Resources accumulate and deplete over ...

Continue Reading →

30
SEP
2014

0

Share

Briefing, Strategy

strategy dynamics, strategy essentials, strategy management dynamics, the beginning, The end