This is a column written by our representative, Kazuaki Sawada, sharing insights accumulated in the field of business revitalization, management improvement, and bank relations.
The related link this time is "How to Create and Utilize a Management Plan: 'Proactive Management' to Avoid It Being Just a Pie in the Sky." This article explains the importance of not just creating a medium-term management plan or annual policy, but also breaking it down into specific actions for each department and individual, and executing and verifying those actions.
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Please use this as hints for management decisions, such as building a management foundation, improving management qualities, cash flow management, bank relations, business succession, and restructuring after the appointment of the second or third generation. Also, feel free to contact us with any questions or inquiries when putting this into practice.
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To continue growing, a company needs a "spine" for its management. The six elements that form this spine are: 1. Management philosophy 2. Code of conduct 3. Long-term vision 4. Medium-term management plan 5. Annual policy 6. Annual budget The important thing is that these are not separate but connected by a consistent way of thinking. Based on the management philosophy, a future vision is drawn, which is then translated into the medium-term plan, annual policy, and budget. This is linked to the work and action goals of each employee, and their results are evaluated and treated appropriately. If this system is understood by all employees, the organization's direction will align, transforming it into a self-motivated organization. Aligning the management spine is the first step in creating a strong corporate structure. Next time, we will discuss "What does it mean to create an attractive company?"
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Our company is a group of professional consultants who value practical insights born from responding to corporate needs. With practical management know-how and a strong belief, we solve management challenges and achieve everything from startup support, reconstruction and revitalization support, growth expansion support, and business continuity support to building a solid management foundation.
