Business Strategy Development
Short and long-term strategic growth planning and goal setting for the organization, Key considerations include analysis of global and local trends, competition, customer evolution, and product placement.
A process that helps a firm adapt to changes in technology, input and/or output requirements, production methods, supply chain management, etc. Consulting firms are often brought in to determine which technology solution is best suited for a firm. Alternatively, consulting firms can be used to assess the impact a proposed supply chain disruption or modification can have on normal business activities.
Most commonly seen during challenging economic times when the focus is on an organization’spreservation. Cost reduction initiatives come in many sizes and flavors and can range from exercises in procurement management, contract renegotiation to layoffs.
A process that prepares a firm to undergo significant organizational change and restructuring. This could result from, but is not limited to, mergers and acquisitions, new growth strategies, or downsizing. Consulting firms often assist their client’s in defining, designing, and implementing the types of organizational changes the will best meet the firms goals.