Business advisory Services provides business enterprises the role of a catalyst to undertake a more incisive understanding of their businesses and an analysis of a wide range of business operations, processes, use of technologies as well as the ability to evolve and use fast, integrated and customized solutions for effective decision making, grasping and anticipating emerging trends, leading to result-oriented performance.
Significant changes in business, operations, processes and activities cannot usually be achieved with conspicuous success unless management efforts are supplemented by the right level of professional skill, expertise and experience. Likewise, enterprises facing the same kind of problems and challenges may not be able to resolve with off the-shelf prescriptions unless issue identification and remedial solutions emerge from a rigorous professional approach sensitive to each client’s market and competitive situation by working in concert with client, which ultimately determines how well the client would be able to create economic value through creative solutions.
The goal of value addition thus entails hard-hitting strategic financial planning and management, proper positioning of individual product lines and business advisory services, analysis of operations and working practices, review of organizational structure, determination of operational performance and efficiency benchmarks, key performance indicators (KPI) benefit optimization through use of proper technology solutions, well contemplated management of supply of goods and services, realistic control and management of cost through innovative procurement by responsible inventory management and effective distribution logistics, growing market share, seriously targeted marketing activities, meaningful knowledge of customer base, timely competitor analysis, sharply-focused pricing structure, service oriented customer relationship, fully motivated management and work force, properly structured organization, strategic marketing plans, regular customer surveys and a host of such goals of business integration and excellence.
Helping companies to achieve their vision by strategic orientation with regard to above and many such other perspectives is what business advisory is all about. Services thus are directed towards:
- Helping clients evolve their vision and mission statements
- Strategy development to reap rewards of change which is accelerating exponentially and manage risks implicit in the venture
- Appraise business proposals and develop a range of options for enhancing enterprise value
- Identifying ‘value drivers’ of business
- Assistance in performance management appraisal
- Advising on change-management and change-enablement
- Assisting in strategic financial planning process
