Services
Strategy
Strategic Plans
Business Plans
Strategic Consultation
Second Opinions
Retreat Facilitation
Execution
Transactions
Turnarounds
New Program Implementation
Diagnostic Consultation
Strategy
Strategic Plans
Situation Analysis/Forecast
A rigorous combination, of quantitative and qualitative analysis describing
the current and likely future state of
- the market
- the competition
- your organization
- technology
Strategic Intent
As an organization what are we trying to accomplish?
Distinctive Competencies
What should we keep doing?
What are the strategic leverage points?
Innovation and Growth
What should we start doing?
Harvest and Divesture
What should we stop doing?
Goals
What are our priorities and commitments?
Performance Improvement
How will the infrastructure and overhead departments support the
strategic plan?
Financial Forecast
5 year analysis capital and operating plan (the strategies expressed in dollars and
cents.)
Execution
Accountability with measurable performance benchmarks.
Business Plans
Define the Business
What business are we in? Scope of services and target population. Is it consistent
with our strategic plan?
Market Analysis
Size, geography, potential, distinctive features, demographic and technology
trends.
Competitive Analysis
Market share, positioning, strengths, weakness, future strategy.
Self-Assessment
Where are we relative to the market and competition's strengths and weaknesses?
Margin Analysis
Where and does our business come from? Where are ….making/losing money?
Opportunity/Risk Analysis
What are the risk and rewards of various actions?
Strategies and Tactics
What are the specific iniatives required for success?
Financial Analysis
5 year proforma including cash flows and capital budget.
Implementation
Specific actions with timeframes, accountability, and expected outcomes.
Exit Strategy
Under what circumstances would we exit this business?
Strategic Consultation
Advice and consultation, an opportunity to draw on the experience of other executives as you explore solutions to problems or consider new opportunities.
Second Opinions
Provide an objective and analysis of an existing or proposed strategy.
Retreat Facilitation
As an experienced and objective third party, we can advance organizational thinking by focusing discussion and challenging the status quo.
Execution
Facilitate Transactions
StratEx can help determine if your organization needs a “business partner” to execute its strategy. If yes, provide experienced assistance to successfully complete affiliations, mergers acquisitions, employment contracts; joint ventures and management contracts.
- Establish Organizational Transaction Criteria
Help develop or refine your investment and affiliation criteria.
- Understand the Motives and Backgrounds of the Parties
Prepare background history and track records of both parties.
- Agree on Mutual Goals
Work with the parties to agree on and document mutual goals to be used as a guide to the transaction.
- Every Deal is Different
Identify the unique characteristics of the specific transaction.
- Prepare a Business Plan
Prepare (or revise) the business plan to determine if goals of he parties are achievable.
- Negotiate the Deal Points
Agree on issues such as ownership, management, capital investments, exit strategies, branding, ego issues.
- Create the Legal Structure
We suggest that the parties jointly hired a transaction attorney to help select the appropriate legal structure and craft the definitive agreement.
- Craft the Definitive Agreement
Make sure the business and deal points are properly expressed in the legal document.
- Manage to the Business Plan
Select the right people and allocate resources to achieve the business plan.
Service Line Turnarounds
StratEx's experienced executives have led turnarounds from hospitals to heart programs and group practices. We will help you execute a successful turnaround using these Keys to Success.
- Know Yourself
Conduct an honest self assessment.What are your strengths and weaknesses? What specific volumes, revenue, and expense metrics are missing plan?
- Know the Market
Define the market. How has the market changed? Who are your competitors? What are their strengths and weaknesses?
- Understand Your Customer
Who are they? Do you have the right market segment? What do they want? What don’t they want? Do you understand their needs?
- Understand the Key Strategic Leverage Points
How do you maximize your competitive advantages? What actions will produce the most results?
- Hire the Right People
Do you have a "focused champion"? Do you have the right people in the right positions?
- Invest Resources To Get The Job Done
Capital, management time, and focus. Are you investing enough to be successful? Or Too much.
- A Passion for Execution and Results
Do you have the right metrics and incentives in place? What senior executive is accountable for performance?
New Program Implementation
Have a plan? StratEx will help you execute.
- Review your current plan or strategy.
- Identify critical success factors.
- Identify risks.
- Construct an implementation schedule with tasks and timeframes.
- Determine resource needs.
- Assign accountabilities.
- Work with management to reduce risk factors.
- Keep the implementation on schedule and on budget.
Diagnostic Consultation
Not meeting targets in your business plan? StratEx will conduct a focused review to determine why.
- Review current business plan.
- Review market changes.
- Compare performance to plan.
- Quantify the gaps in performance.
- Suggest specific actions to improve performance.