Strategic Planning

Kaplan and Norton research suggest that 90% of organizations fail to successfully implement their strategies.

Despite the organization’s best efforts to improve corporate performance through strategic planning, shortcomings are common in many areas such as:

• Measuring the effectiveness of the planning process
• Defining meaningful goals that are achieved when the plan is followed
• Adopting a more formalized approach to strategic planning
• Achieving alignment within the organization that support the business strategy

 
Calgary CFO Consulting Services can provide effective corporate planning support in today’s rapidly-changing and uncertain business environment.

Operational Effectiveness

Companies with the best strategy will not be competitive if you are not as good as what your competitors do. Organizational success requires both the right strategy and “operational effectiveness”.

Operational effectiveness is about having functions in the organization work well. These functions are, of course, the organization’s skill sets or ‘core competencies’ and therefore, must fit together and work together to implement the strategy. However, if an organization has weaknesses in their skill set, strategies available to them will be constrained. Strategy may demand capability, but capability in turn constrains strategy.

Calgary CFO Consulting Services can help your organization’s continuous improvement initiatives to improve functional performance, and in turn, allow for a more effective strategic capability.

Performance Measurement

Highly effective performance measurements tell how we are doing, not what we are doing.

Despite organizations having a multitude of measures, many organizations are challenged to measure the right things. This often leads to other problems, such as too much time involved in data collection, data overload, and failure to link cause and effect.

Does your organizations’s measurement system have any of these other attributes?

• Measures don’t drive improvement efforts, but are seen as reporting requirements
• Outcomes are difficult to measure
• Current processes and IT infrastructure don’t support effective measures
• Drivers of performance are not identified

 
Calgary CFO Consulting Services can guide your organization with a few straight-forward principles that can be applied to address the root problems and get you back on track with managing your performance effectively.

Internal Control Development

Establishing secure internal controls is a must for organizations, regardless of size. Effective internal controls are required in order to:

• Safeguard assets from employee theft, robbery, and unauthorized use
• Enhance the accuracy and reliability of your accounting records by reducing the risk of errors and irregularities in the accounting process
• Ensure compliance requirements

 
Calgary CFO Consulting Services has the expertise to provide your organization with a risk based assessment to identify internal control weaknesses, assess it’s likelihood and magnitude of impact, and assist in helping you remediate or eliminate these deficiencies.

Finance Function Support

Calgary CFO Consulting Services offer expert financial leadership and support during times of significant organizational change. Specifically, these may include the turnover of key members in accounting, ERP implementations, or finance function transformations.

In addition, CFO services may be required on an interim or part time basis that will enable your company to improve operational performance and growth. Services offered include:

• Budget preparation and monitoring
• Financial statement preparation and analysis
• Policies and procedure development
• Cash flow management
• Advisory services to the CEO
• Accounting department management
• Balanced Scorecard and KPI Development

Affiliated Services

Calgary CFO Consulting Services is proud to be affiliated with Jadaly Consulting Ltd. specializing in change management and business transformation.
 
So, what is change management?
Change management is an organizational process aimed at empowering employees to accept and embrace changes in their
current business environment.
 
“70% of all change initiatives fail. But the odds turn in your company’s favor once you understand that change is a multi-stage process – not an event – and that persuasion is key to establishing a sense of urgency, winning support, and silencing naysayers.”
 
Jadaly Consulting works with small business and large corporations to ensure their people are engaged and ready for major transformation. Resistance to change and having no change management program are considered 2 of the top 10 reasons why organizational change is not successful. So managing this resistance is key to your organization’s success.
 
Jadaly Consulting’s focus is people and business processes. Understanding the impacts on individuals and groups, addressing issues and concerns from these impacts, identifying risks and mitigation strategies, streamlining processes, communication of the changes as well as training & education are our areas of expertise.
 
Is your organization changing? Are you implementing a new software system? Are you reorganizing? Are you growing through a merger or acquisition? Do you want to change how your organization or group works together? Have you ever been met with resistance from your team or individuals in your organization when implementing such changes? If you answered yes to any of these questions then you may benefit from the services of Jadaly Consulting Ltd.
 
The principle and founder of Jadaly Consulting is Janice Eby. She has vast business experience in both the public and private sector with an emphasis on energy marketing, IT and human resources. Jadaly Consulting has worked with organizations such as Enbridge, BP Energy Canada, The City of Calgary, UBS, Enmax, IMV Projects, Wood Group Mustang and Talisman Energy to help them achieve their transformation goals.
 
If you have a current or future need for the services of Jadaly Consulting in your organization, please contact us at 403-850-8942 or Jadaly@shaw.ca.