How TAM® works

  1. The senior executive sets the objectives, the timing and specifies results. (1 hour)
  2. The agenda, venue and objectives for the working party are published. (1.5 hours)
  3. The team and support staff are trained in the process and briefed on their duties and obligations. (3 to 12 hours)This may require training in Financial Planning.
  4. Business accounting data required by the team is produced, and giving to each member in a binder. Planning issues from all employees are collected. (8 hours)
  5. The Working Session is directed by the leader and policed by the assistant. This session produces the actual plans, which are used to control the project and to achieve results. (38 hours)
  6. Authorisation to implement the plan is obtained from higher authority. (2 hours)
  7. Implementation review meetings are directed by the leader and policed by the assistant. Results are reported and the document is updated. (5 hours per month)
  8. The team is coached until the final results and objectives are achieved. (elapsed time from two weeks to 18 months)

Are there any pre-requisites?

Of the four basic skills required to successfully cope with developing an organisation:
  • Planning
  • Estimating
  • Organisation design
  • Finance
Finance is the most important and often the least understood.

It is strongly recommended that anyone considering implementing TAM understands finance. The course Finance and Accounting can give you that understanding.