Page 18 - Quality Industries
P. 18
Strategic processes
and tools
Lockton’s method of operation
Our core process, or method of operation, is an annual process which is built to facilitate strategic direction, review data and simplify market opportunities.
By providing tools and expertise, we’re able to drive a structured analytic and planning process with clients on an annual, and multiyear basis. We recognize
that like the entire world, your industry and organization is changing quickly. Our dynamic strategy tools are designed to perform real-time analytics to
determine the inancial impact, employee friction, and administrative effort as part of each strategic discussion.
The illustration below highlights the steps and tools utilized as part of our method of operation:
01 02 03 04
MANUFACTURING
TOTAL REWARDS IDEAL PROFILE CONJOINT INDUSTRY
PHILOSOPHY ANALYSIS
BENCHMARKS
How do current
Measure what Understand what programs compare
Set high-level beliefs
leadership believes employees value to both market and
industry competitors
05 06 07 08
GROUP PLAN MULTIYEAR
INFOLOCK COMMUNICATIONS
STRATEGY (GPS) STRATEGY
How do we best
What does your data What strategies should we How are we going to get communicate to your
tell us consider there
members
Quality Industries — Lockton Total Rewards Practice overview 18 Lockton Companies
and tools
Lockton’s method of operation
Our core process, or method of operation, is an annual process which is built to facilitate strategic direction, review data and simplify market opportunities.
By providing tools and expertise, we’re able to drive a structured analytic and planning process with clients on an annual, and multiyear basis. We recognize
that like the entire world, your industry and organization is changing quickly. Our dynamic strategy tools are designed to perform real-time analytics to
determine the inancial impact, employee friction, and administrative effort as part of each strategic discussion.
The illustration below highlights the steps and tools utilized as part of our method of operation:
01 02 03 04
MANUFACTURING
TOTAL REWARDS IDEAL PROFILE CONJOINT INDUSTRY
PHILOSOPHY ANALYSIS
BENCHMARKS
How do current
Measure what Understand what programs compare
Set high-level beliefs
leadership believes employees value to both market and
industry competitors
05 06 07 08
GROUP PLAN MULTIYEAR
INFOLOCK COMMUNICATIONS
STRATEGY (GPS) STRATEGY
How do we best
What does your data What strategies should we How are we going to get communicate to your
tell us consider there
members
Quality Industries — Lockton Total Rewards Practice overview 18 Lockton Companies
