Business/Executive Coaching

"The goal of executive coaching is the goal of good management: to make the most of an organization's most valuable resources." (HARVARD BUSINESS REVIEW)

Business professionals are finding that using a professional, confidential, unbiased business coach can help them:

• Increase performance
• Develop better strategies - both personal; and professional
• Better manage their time
• Become more creative
• Set and achieve more aggressive goals
• Better sue existing skills and identify dormant ones
• Make better and quicker decisions
• Improve forecasting

One major hindrance to growth in smaller companies is the lack of cash or credit to support that growth. The combination of debt, long-term receivables, and lack of credit history sometimes makes it difficult to launch advertising campaigns, develop new products, or even purchase the raw materials and labor required to expand the business.

The MEP uses a variety of techniques to assist companies with cash flow issues. We begin by determining exactly why the company needs to improve cash position. The solution to the problem may be different, depending upon this specific need(s). For examples; we may be able to (a) reduce lead time, effectively shortening the amount of time from customer order to invoice, by implementing Lean Manufacturing, (b) identify opportunities for bartering or cooperative purchasing in order to reduce the cost of raw materials, (c) help restructure receivables or use factoring and other techniques to eliminate receivables older than a certain period, or (d) solve a quality problem or other issue that's been draining cash, material, or labor from the organization.

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Traditionally, formal project management has been used by organizations to keep very complex projects on schedule, on budget, and within the original scope. Sophisticated tools have been developed over the years to manage resources, identify constraints, and budget the process.

Manufacturing companies are also finding effective uses for formal project management.

Projects where these techniques may be applied include:

• New Product Introduction
• Facility Construction and/or Relocation
• Implementing ISO 9000/ISO 14000 Systems
• Implementing Information Management Systems
• Mergers/Acquisitions
• Re-engineering
• Implementing Lean Manufacturing
• Developing a website

MEP has trained Project Managers on staff who are experienced in a wide variety of activities.

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Strategic planning determines where an organization is going over the next year or more, how it's going to get there, and how it will know if it got there or not. Far more important than the strategic plan document is the planning processes itself. There are a variety of perspectives about strategic planning and a variety of approaches used in the strategic planning processes. Quite often, an organization's strategic planners already know much of what will go into a strategic plan (this is true for business planning as well). However, development of the strategic plan greatly helps to clarify the organization's plans and ensure that key leaders are all "on the same script."

Organizations that implement a strategic plan often realize the following benefits:

• Clearly define the purpose of the organization and establish realistic goals and objectives consistent
  with that mission in a defined time frame within the organization's capacity for implementation.
• Communicate those goals and objectives to the organization's constituents.
• Develop a sense of ownership of the plan.
• Ensure the most effective use is made of the organization's resources by focusing the resources
  on the key priorities.
• Provide a base from which progress can be measured and establish a mechanism for informed
  change when needed.
• Bringing together everyone's best and most reasoned efforts have important value in building a
  consensus about where an organization is going.

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