New Business Strategies – Capability Modeling for Success
Shared by Carol Quijandria, Los Angeles
Is it time for your organization to go in a different direction? Do your employees have the collective expertise to do so, or will you need to bring in outside assistance to get things started? Carol Quijandria, Los Angeles, emphasizes that the key to successful business strategy implementation is knowing your organization’s capabilities and building on them. Carol Quijandria, Los Angeles, is a seasoned non-profit consultant, board member, and coach teaching non-profit executives and boards to lead through change. She has more than twenty years of experience. When it comes to organizational changes, she knows exactly how to get started.
Capability modeling
Carol Quijandria, Los Angeles, notes that strategic capability modeling starts by identifying the goals that you would like to attain with your new or even existing business strategies. The next step after that is to analyze goal sub-hierarchies and begin to break it down the primary goal into smaller stages and chunks for various departments and partners to manage and implement.
At that juncture, according to Stirna, the following stages will need to be implemented:
“- Define capabilities for the selected sub-goals
– Define context sets for each capability
– Identify external capabilities by analyzing partners
– Develop capability relationships.”
Image credit: Fauxels
Do not be afraid to look for capabilities that the organization is not currently using. There is a lot more available than you may realize, and some of it may be useful for your goals:
“Many capabilities are ‘horizontal’ and go against the grain of normal vertical corporate governance. Most often, management direction as well as the corporate management accountability framework are based upon line of business metrics, not enterprise metrics. (It) looks at enterprise-level (as well as line of business-level) optimization and service delivery. Not surprisingly, it often operates against the corporate grain and has to cope with challenging business environments.”
– TOGAF
Training and relationship building
Once you have identified what capabilities you have, what ones you need, and where you will find them, then your organization can begin training and relationship building for the new business strategy. Bring in experts to help train employees in areas they may not have current knowledge in. Bring in outside partners to assist with their own knowledge, resources, and capabilities. Build your team internally as well as externally. Carol Quijandria, Los Angeles, notes that a strong team doesn’t just stand on its own. It knows when, where, and how to get help in achieving its goals.
Implementation
Have a well-established roadmap with clear roles for each team member and department involved. Carol Quijandria, Los Angeles, mentions that guidelines and instructions should establish timelines as well as tasks. Meet frequently after implementation to see where problems arise and where success is occurring. Don’t be afraid to make minor changes at this juncture. Even the best-laid plan will need some alterations. With the right capabilities, a solid team, and the willingness to keep an open mind and adjust for change, your business strategy will be a success.
Image credit: Fauxels
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Original post here: New Business Strategies – Capability Modeling for Success New Business Strategies – Capability Modeling for Success posted first on https://carolquijandrialosangeles.com/ Originally published here: https://maxxsimpson.blogspot.com/2022/03/new-business-strategies-capability.html














