The Institute of Consulting defines consulting as:
The provision to businesses of objective advice and assistance relating to the strategy, structure, management and operations of an organisation in pursuit of its long-term purposes and objectives. Such assistance may include the identification of options with recommendations; the provision of additional resources; and/or the implementation of solutions.
Simply speaking, a consultant provides professional advice and an objective external perspective on the business. This is not just valuable when a business is struggling, but also when a company is looking to grow or maximise its performance.
Today's companies need to achieve more and more output with fewer resources. This is not necessarily a bad thing, as it is a great opportunity to get ahead (and stay ahead) of the competition, be it through streamlining the business, improving performance, aligning the product portfolio with the strategic plan or gaining a competitive advantage through growing the business.
But many companies struggle within a range of important areas and as a result experience negative effects, such as stagnating or declining sales and profits, internal inefficiencies and underperformance, perceived lack of time and high stress levels, ineffective communication, lack of customer and business focus, a disjointed project management approach, outdated KPIs, and unclear goals.
How much time are you able to devote to improving and developing your business? Are you so consumed by your day-to-day responsibilities that you have lost sight of where you would like to take your business? Or do you need expertise in areas that you have limited experience in?
It is common that executives’ and business owners’ time is limited, restricting the attention they can allocate to crucial areas such as business strategy, operations, product development, customer care, training or development. Often, the perceived urgency of daily issues is given a higher priority than important mid- to long-term future plans, allowing good present performance, but preventing the business from progressing. Over time, this can lead to limited experience in important areas, and declining performance.
Sometimes, businesses just need some external, impartial advice. Practical advice and guidance that offers a different viewpoint and is not influenced by internal politics; someone to identify the underlying issues with a fresh pair of eyes. Often, companies will try to fix isolated issues that are in reality part of a larger picture that requires a more methodical, analytical and coherent approach.
Some areas that you might consider seeking our advice on would be to:
- Reduce costs
- Increase profits
- Improve performance
- Optimise processes
- Reduce losses and wastes
- Increase employee motivation
- Create a strategic business plan
- Start your business
- Grow your business
- Turn your business around
So what would a typical consulting approach with Navigate Business Consulting look like?
Initially, we would talk about your circumstances and current situation, so we can learn as much about your business as possible. In the next step, we would discuss your future plans, aims and requirements, as well as the level of support you wish to receive. The level of support could range from a fully hands-on approach to a purely advisory role – or somewhere in between.
On this basis you would receive a proposal from us which clearly details the service provision, planning, responsibilities, and the applicable fees.
We focus on practical and effective measures with relevant supporting information, not on lengthy and expensive reports that offer little value.
If you are looking to develop or improve any aspect of your business, please get in touch with us to discuss your requirements.
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