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Business Consulting

Business Consulting. INTRODUCTION. What is Business Consulting ???. Potential Maximization Through Growth Management. BUSINESS CONSULTING. We observe some common pitfalls : -. Multiple Family Members / Partners – (No Clear-cut Clarity of Roles / Responsibilities)

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Business Consulting

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  1. Business Consulting INTRODUCTION What is Business Consulting ??? Potential Maximization Through Growth Management

  2. BUSINESS CONSULTING We observe some common pitfalls : - • Multiple Family Members / Partners – (No Clear-cut Clarity of Roles / Responsibilities) • Change of Generation at the Helm • Too much focus on some Business Aspects like Marketing / Technology etc. (though all Entrepreneurs in India are All-rounders)

  3. BUSINESS CONSULTING Pitfalls…. • Proper Manning / Delegation Process (Signs – Extended / Erratic Working Hours) • Information Flow Hindrances (Time Management / Systems & MIS) • Neglect of Basic Issues (Cash Flows / Materials Control / Motivation / Customer Focus / Customer Selection etc.)

  4. BUSINESS CONSULTING Pitfalls…. • Cost Cutting instead of Cost Optimization (Confusion between Cost & Price – Value for Money) • Lack of appropriate Controls (either too slack or too strong) • No Early Warning Systems in place. The List Goes on ……

  5. BUSINESS CONSULTING The BIGGEST CHALLENGE in overcoming the pitfalls is: - C H A N G E Change necessitated due to ENVIRONMENTAL & INTERNAL CHANGES to be faced in the light of the overall positioning of the Organization in the:- Product / Technological / Industry / Business / Economic Life Cycles

  6. BUSINESS CONSULTING BUSINESS CONSULTING HELPS CHANGE! The Objective is Potential Maximization There is only one Reliance !!! Why not 10 or 100 ??? We attempt this through Growth Management (A Structured Exercise of Change Management, tailor-made as per Organization’s specific need)

  7. BUSINESS CONSULTING Areas ofGrowth Management : - • Organizational Goal Setting / Targets & Monitoring System with course correction mechanism. • Synchronizing the Organization Structure through Internal Restructuring • HR Manual - encompasses -- HR Policies, Performance Management & Rewards Systems, Gradation & Salary Structuring • Performance Monitoring as per pre-defined parameters – For Organization / Individuals

  8. BUSINESS CONSULTING • Internal Systems & MIS Strengthening • Review /Suggesting tailor-made Internal Control Systems for Top Management • Budgeting & Costing Systems • Working Capital & Cash Flows Management including Review of Existing Policies & Practices on Collections / Purchases / Inventories etc. • Marketing, Pricing, Productivity related issues • Assist the Organization in their efforts of COMPUTERIZING their Operations

  9. BUSINESS CONSULTING Our Role for Growth Management: - - Organization Scan (To study specific needs & design Growth Plan) • Participating in Actual Implementation • (No Paper Reports like many other Consultants) • Role of a Catalyst • (No Line Function / act through Clients only ) • Acting as a Sounding Board (Even a Silent • Listener can be of great help to Entrepreneurs)

  10. BUSINESS CONSULTING Why S T Shah & Co. • Experienced & Qualified Core Team with diverse background WE DO UNDERSTANDING YOUR NEEDS • 35 years of Hard-core Cumulative Industrial Experience, In diverse Industries, Across various Functional Areas WE HAVE SEEN YOUR PAINS FROM REAL CLOSE

  11. BUSINESS CONSULTING • A THOROUGH-BRED / Professional / Well – knit Organization who :- - Respect your Competencies - Values your Secrets / Information - Safeguards it with deep concern • Practice Synergizing / Business Promotion • amongst our various Clients

  12. BUSINESS CONSULTING What Have We Done so far: - Special mention, out of our many Assignments, of Over 2 YEARS OF CONTINUOUS WORKING with 2 Clients whose :- • Turnover Increased by over 350 % & Profits by over 700 % • For the Second Client , having Turnover of Rs. 250 Lacs, long-time Loss-making operations were converted into a Profit-making one within 6 months We are happy that our ideas have been implemented by them.

  13. BUSINESS CONSULTING • Cost Effective ComputerizationStrategy & Implementation in a Rs. 15 Crores, 25 Years Old Kitchen Appliances Manufacturing Company – ERP level integration resulting in: - Debtors Reduction by Rs. 100 Lacs, & Inventory Reduction by Rs. 50 Lacs • HR Manual preparation & implementation from a Green Field Company to an Existing Rs. 50 Crores Group of Companies

  14. BUSINESS CONSULTING Some of Our other Assignments have covered :- Industry Co. Size Assignment Details Textile Industry Environment Consultancy Firm Dyes&Chemicals Rs.20 crores 200 people Growth Management Growth Management Rs.40 crores MIS for Top Manage-ment&Salary Structuring

  15. BUSINESS CONSULTING Some of Our other Assignments have covered :- Industry Co. Size Assignment Details Ceramic Industry Rs.50 crores Role Clarity of TopManagement (upto Dy. HOD) & HR Manual & Structuring Engg. Company Rs.300 crores Costing System Setting Design on Oracle ERP Base

  16. BUSINESS CONSULTING Some of Our other Assignments have covered :- Industry Co. SizeAssignment Details Entertainment Rs.100 Crores Turn Around Electronics Study Co-Op. Sector Bank Rs.70 crores Turn Around Study Deposit Base Also worked in Service Sector / Hospitality, IT, Capital Goods etc. Industries

  17. BUSINESS CONSULTING Our AIM Potential Maximization through Growth Management. We work with the Top Management to bring about Longer Lasting / Deeper Impacting Change Ahead of the Times, if not with the Times. Our Dream – more Reliances in the Near Future.

  18. BUSINESS CONSULTING Thank You

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