Management Review Mechanism

Service Description

This is a simple and productive Review Mechanism provided by our consulting experts for review of Top Management. This is a structured practice which demands your team to be more innovative and goal oriented. This approach begins with fixing objectives of the assignment and outlining strategic direction and is carried out in consolation with the Top management. This process will remove the communication gap between the Top Management and Operational Executives and improve the organization cohesiveness. This mechanism begins with mapping the KPIs of every single process and targets are set for each KPI in view of the current and future business challenges and set objectives. The method involves: 1. Scheduled KPI data collection using Balanced Score Card and concise MIS and KPI reports 2. Periodic review of all the KPIs with the steering committee and Process Owners. 3. Highlight productive, deficient and obsolete areas and the level of consumption of resources. 4. Incorporate effective cost reduction and cost control measures. 5. Suggest on the choice and use of IT for data gathering and MIS procedures. Benefits: 1. Performance excellence through clear targets and specific action plans 2. Mitigating risk and underperformance 3. Creates peer pressure to perform. 4. Optimum utilization of resources. 5. Build confidence and pride among employees, shareholders and customers of the company

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