Strategies, Governance and Operational Excellence
Strategic Planning
Strategic Execution
Operational Excellence
Governance, Risk and Compliance
Strategic Planning
The strategy development process goes through five main steps with the aim of arriving at the optimal strategy for the organization.
Strategic Review
- Review and analyze the laws, regulations, legislation, strategies and programs related to the organization
- Review and evaluate the previous strategic plan if it exists
- Conduct internal and external analyses of competitiveness and gaps
- Benchmarking with best practices
Strategy Development
- Review and update the elements of strategic direction (strategic foundations) Vision, mission and values
- Define and assess the change agenda
- Define the updated strategic direction and strategic axes
Strategy Translation
- Developing the strategic map
- Detailing and defining strategic objectives
- Setting measures and key performance indicators
- Building strategic initiatives
- Developing the organization's balanced scorecard
Strategic Alignment
- Cascading strategy to the organizational units' levels
- Developing balanced scorecards for sectors and general departments
- Developing strategy execution governance
Planning Operations
- Identifying strategic priorities and building a roadmap for strategy implementation
- Managing strategic risks and developing a risk register and mitigation mechanisms
- Defining requirements and allocating resources to implement the strategy
- Developing strategic communication plan document
Strategic Execution
The strategic execution process aims to translate and transform strategic plans into tangible actions by developing an integrated approach that seeks to achieve the organization’s strategic vision through the following:
Developing Executional Plans for the Strategy
transforming your strategic objectives into specific action plans that include initiatives, projects, and executable activities to achieve your organization’s vision. We accomplish this by designing an implementation roadmap for the coming years, setting priorities for strategic initiatives and projects, and implementing and activating strategic governance.
Developing Business and Operating Models
Designing or improving your business models and operational processes, ensuring alignment with your strategy to achieve maximum efficiency and effectiveness. We achieve this by redesigning organizational structures at various levels within your organization, preparing internal governance models, optimizing the value chain, refining processes and procedures, and enhancing the systems and tools you use. Our comprehensive approach ensures you attain the desired value and supports the successful implementation of your strategy.
Change Management and Stakeholder Engagement
Monitoring and evaluating progress toward your strategic objectives using key performance indicators. We implement necessary improvements to ensure you achieve the desired results by designing a strategic performance management structure and framework. Our services support decision-making based on performance outcomes and assist your organization in governing and measuring performance periodically, all in accordance with global best practices.
Performance Management and Monitoring
Monitoring and evaluating progress towards strategic objectives using key performance indicators and making the necessary improvements to ensure achieving the desired results, by designing a strategic performance management structure and framework, supporting decision-making based on performance results, and supporting the organization in governing and measuring performance periodically in accordance with global best practices.
Operational Excellence
With the aim of enhancing operational efficiency and effectiveness to enhance the performance of organizations, SMC works to improve and optimize administrative processes and aspects through the following services.
Process reengineering
SMC offers professional services to radically redesign and improve your organization’s core processes. We provide a comprehensive process reengineering service focused on achieving significant improvements in performance, efficiency, and operational effectiveness.
Standard Operating Procedures (SOPs)
SMC offers professional services to develop and implement standard operating procedures that ensure compliance, quality, and control, thereby streamlining and improving your operational processes. We achieve this by designing and establishing procedure structures, mapping process flows, and monitoring compliance.
Project Management
SMC offers professional services to establish Project Management Offices (PMOs) that standardize portfolio, program, and project management practices. We develop standards and methodologies, provide support and guidance, and ensure optimal management of resources, risks, and quality assurance.
Performance Improvement
SMC offers professional services to identify and implement strategies that enhance your overall operational performance. We assess your current performance, develop performance improvement plans, enhance existing capabilities and skills, adopt targeted practices and processes, and develop continuous improvement tools and techniques to improve your internal operations.
Governance, Risk and Compliance
Governance, Risk and Compliance (GRC) requires a comprehensive and systematic mechanism to ensure the provision of effective solutions that help the organization improve its performance and ensure its compliance with applicable laws and regulations, which are as follows:
Governance
Implement governance structures to ensure accountability, transparency and strategic alignment through the following mechanism:
- Initial assessment and analysis of the current situation
- Identifying governance gaps
- Developing policies and procedures
- Preparing governance model structures
- Establishing and preparing charters and committees
- Implementing the governance plan
- Structuring governance models
- Identifying governance gaps
- Control and compliance
Risk Management
Develop risk management strategies to identify, assess and mitigate potential risks through the following mechanism:
- Data analysis and risk forecasting
- Risk assessment
- Develop risk management and mitigation plans
- Reporting and performance monitoring
Compliance
Ensure compliance with regulatory requirements and industry standards through comprehensive compliance programs through the following mechanism:
- Compliance assessment
- Internal compliance review
- Development of compliance policies
- Development of compliance tools and techniques
- Monitoring changes to regulations and legislation