Process Velocity
Process velocity measures the speed (time) of the process. The faster the pace, the greater the
value can be created. The faster the process the faster the process converts cash outflow to cash
inflow. The time value of money concept says money received today is better than money received in the future. Some processes have much greater urgency for increasing their velocity than
other processes, but they are all connected..
ASSE
SS
Strengths &
Weaknesses
M
Organizational
advantages; what’s
working what’s not; core
business differentiatiors
T
N
E
Opportunities /
Challenges
Defining Success
Growth, Margin, Product
Development,
competition,
ineffeciencies
founders, success measures;
work/life balance; exit strategy;
business/personal philosophy
Communication
Expectations and
objectives; client and
team members
Resource
Management
People & Places
align resources to
strategies, goals,
objectives and priorities
Who’s doing what
(when, where, why and
how); key staff, traning,
succession; recruiting
EX
Financial Pulse
UT
EC
Capitalization, cash flow,
revenue metrics, debt,
history and investment
style
Structural
Frameworks
Lead &
Manage sustaining
change
Plan Creation
Develop and manage the
plan; resources, stakeholders,
scope, schedule, budget and
deliver sustainable benefits
People, Processes,
Technology currently
in place; what works
(and why), what does
not (and why)
Critical Initiatives
What are the key
places/projects to invest
resources for maximum
impact
Process
Bottlenecks
ON PLA
I
T
NN
AC
What people-driven
and technology based
processes are impeding business velocity
Manage
Costs
Cost-to-completio
invoicing,
resources,
expenses
G
IN
Roadmapping
What building blocks need to be
placed where and when; where are
the strategic linkages
Client
Interaction
Strategy, expectations,
objectives, feedback,
success measures
Expenditure
Realities
How much time are
key people able to
devote to transformation; what are the
investment metrics
Risk
Management
Tracking & reporting;
project metrics;
mitigation plans
Gearing up for
Growth
Preparing the
organization for
change; communication
to internal and external
stakeholders
At EKI-Digital, we are committed to Unlocking The Power Of Digital
Business — Running through our organization is a strong sense of
obligation to serve stakeholders who count on us to solve complex
business challenges through LeanDigitalTM. With a 20-year legacy
of innovation, our technology independence allows EKI-Digital to
offer flexible and unique solutions to help clients move from
uncertainty into possibility.
Risk
Assessment
Possible negative
outcomes that may
occur
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ION
Change
Management