Intrafocus Insight
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What is the Gig Economy?
The gig economy is growing fast, with millions of flexible workers across the world taking on regular 'gigs' and businesses keen to get on board with a modern and cost-effective way of accessing flexible talent. What exactly is the gig economy? The gig economy...
Strategy Vs Tactics
Strategy Vs Tactics - When we think of business strategy, we automatically think of tactics too. Both are complementary, essential and intertwined. In fact, one cannot succeed with the other. Both terms originated from the ancient Greeks and have been most...
Data-Driven Strategy
Data-Driven Strategy - Our team of strategic consultants have seen first hand just how passionate company leaders are about strategy. Boards and senior managers will regularly come together to share great ideas for the future. Their passion, intention and commitment...
The Case for OKRs
If you're a business leader, you may well be familiar with Objectives and Key Results, or OKRs. If not, check out our guide here: What is an OKR? So what is the case for OKRs? As a brief recap, They are a surprisingly simple management tool that takes strategic goals...
Better Measurement equals Better Management
Better measurement equals better management We've talked recently in some depth about Key Performance Indicators and the need to select the right number of meaningful KPIs which truly matter to the organisation's strategic priorities. For managers, diving down into...
Purpose vs Mission
Purpose vs Mission - Only a few years ago, organisations were tying themselves in knots to create the perfect mission statement. This big-ticket item was emblazoned across corporate literature and meant to drive business direction. However, more recent changes in the...
Sharing Your Strategy
Sharing your strategy - Once your business has created its strategy, the next challenge is to successfully communicate it throughout the organisation. To share or not to share? Business leaders invariably want to know how much of the company strategy they should share...
Seven Step Strategy
Seven Step Strategy Here at Intrafocus, our team of business strategy experts work with organisations of all kinds and across all industries to support their strategic planning process. Often, this process begins with the strategic workshop and then follows a...
Too much time chasing updates?
Chasing Updates Spare a thought for the poor individual charged with creating reports for monthly management meetings! When old-fashioned processes are still being used, huge amounts of time, resource and energy are wasted on: Chasing people for updatesChasing those...
Communicate your Strategy
In our recent blogs, we've looked in some detail at how organisations can create a successful strategy. We've covered key topics such as the definition of purpose, vision and values, the importance of a strategic management framework such as the balanced scorecard and...
Vision? Mission? Purpose?
Even the most experienced business people feel a little hazy when faced with strategic concepts such as mission, vision, purpose and values. And when we're working at speed and keen to 'get on' and deliver, the time spent first clarifying what we're all talking about...
Using KPIs to manage your business
Using KPIs to manage your business It's all too easy to get lost in the complexities of strategic planning and the detail that comes with it. From debating reporting scorecards to considering data sets for measurement, the risk is always losing sight of the bigger...
What about Artificial Intelligence?
What about Artificial Intelligence? While most of us puzzle over our smartphone's latest features, the tech industry is forging ahead with huge leaps in artificial intelligence. No longer a sci-fi dream for the future. Estimates suggest that by 2030 Artificial...
Predictions for 2019
What can we expect in 2019? The new year has arrived and it's the time for business leaders everywhere to feel refreshed, revived and reinvigorated for the year ahead (unless attempting to decipher the latest implications of Brexit!) It's also a natural point to make...
What is a Gap Analysis?
What is a Gap Analysis? In our bid to develop a sound business strategy, we must carry out robust strategic analysis, assessment and research. This can sound daunting initially! Happily, however, there are valuable tools that exist to support each stage. Today we'll...
How to Ride the Christmas Slowdown
Riding the Christmas Slowdown Unless you work in the retail sector, the chances are your business will experience a natural slowdown over the Christmas period. A combination of office festivities, annual leave, the inevitable round of office lurgies and a general...
What is a Value Proposition? (and how to write a good one)
What is a Value Proposition? A key enabler of your business strategy is your value proposition. But although the term may be commonly bandied around organisations - especially in marketing departments - not everyone understands what it is. In fact, Intrafocus, through...
Are you ready to present your strategy?
Ready to present your strategy? The right strategy makes the difference between long-term and sustainable success, or slow decline and failure. Take our 10-question quiz to check your strategic readiness. The need for an expert strategy applies whether you are a...
Company Specific KPIs
Company Specific KPIs Why do you need company specific KPIs? When asking this question, take a step back and answer this alternative question first: “Do I want to be the same as everyone else or do I want to be better, stronger and faster?” If the answer is the...
Employee Health and Wellbeing
An employee health and wellbeing strategy is essential Much has been made in recent years about the 'war for top talent' - but the fact is that many organisations have struggled to retain the excellent employees that they have sought to bring into the business in the...
Month End Reporting
Effective Month End Reporting In this article, we examine end of month business reports in detail and cover their importance to the business and the process for their management. 1. Why are end of month reports so important? There was a time when month-end business...
KPI Monitoring Software
KPI Monitoring Software Welcome to our fifth and final article in our series about Key Performance Indicators. For this final topic, we turn our attention to the advantages of KPI monitoring software. Remember, before these sophisticated automated software tools...
Interpreting KPI Results
Interpreting KPI Results Welcome to the fourth article in our series on Key Performance Indicators, or KPIs. This week we are going to focus on the interpreting KPI results. Once the hard work has been done to create and implement the right measures, how are these...
Understanding KPI Thresholds
Understanding KPI targets and thresholds Understanding KPI Targets - This week we continue our article series on Key Performance Indicators: the measures by which an organisation's progress towards strategic goals and objectives are measured, typically using a...
What are KPI Objectives?
What are KPI Objectives? Welcome back to our article series on Key Performance Indicators, or KPIs. Last week we introduced the concept of KPIs and investigated their organisational context and application. This week we are going to move on to our first specific area...