NFP Consulting Group Experience Expertise Excellence

Why Consider Business Planning?

The development of a strategic plan is often where organizations stop in the process and just hope that strategic objectives will somehow translate into the daily round of business.

Nothing could be further than the truth! Unless the work done in the strategic development part is linked back into the day to day business, strategy just won’t turn into action.

This is one of the major reasons why strategy fails to be implemented in a business – it just tends to sit outside of the core business processes. It becomes just another report sitting on a shelf with no buy-in from rank and file employees and only lip service paid to it by senior executives.

Strategy, linked by planning to budgeting gives everyone in the organization a clear opportunity for participation. Read more »»

What is HR Performance Management?

• The Performance Management Process allows an organisation to give employees a planned approach to improving their personal performance – and be rewarded for it.
• It defines the clear difference between job responsibilities and personal achievements which add to the organisation’s effectiveness and /or profitability.

What is Risk Management?

• The Risk Management Process allows an organisation to set parameters for appropriate risk. All organisations have to take some risks to survive and develop - it is important to ensure that employees understand that Risk Management does not mean "zero" risk.
• It defines unacceptable risks and offers ways to avoid these risks.
• It reduces the likelihood of a risk occurring.
• It allows the transfer of risk to third parties, or parts of the organisation which are better able to manage it
  Risk Management establishes a level of competency which can be audited and reviewed by regulatory authorities, shareholders, employees, customers and any other stakeholders.
• Risk exposure is more transparent and executives are more accountable.
• Long term targets can be set with greater confidence.

First stimulus home built ahead of schedule - The New South Wales Government says the first home built under the Federal Government's housing stimulus package has been completed ahead of schedule. [Housing]