WHAT OUR CLIENTS SAY ABOUT US
“Projects have included e-business services, change management and strategy advice and implementation. In the above projects Mr Manjothi has performed for us and advised us on we have found him very professional in his approach and the handling of said projects. The projects were implemented and completed exactly to our specifications and Mr Manjothi led his team handsomely in this regard, from his project management to his web designers and database programmers. We find him to be an exceptional business manager and will have no hesitation in conducting business with he and his company in the near future when such a need arises."
Akash Soni, MD, Yash Golfwear, UK – Part of Yash International.
“Ash arrived at very short notice, assisting to set up and lead through its first phase of development, for our strategic review and associated value creation plan. Later leading the finance work-stream, Ash was a team player and great guy. I'd recommend him for similar roles.”
Guy Bruce, Chief Executive Officer – Arco: Experts in Safety.
“Since June, Ashif has been acting as Chairman as well as Interim Chief Financial Officer and we have seen an immediate positive impact on the business. Ashif has supported us by analyzing, streamlining and improving our processes and systems, including business planning, bookkeeping, financial statements and detailed cash flow projections. Together we have identified numerous cost saving areas, and are currently in the process of setting targets for the new accounting year. We are pleased to have the opportunity to work with a professional strategist with this level of experience, and anticipate an exciting new phase of growth in the business as a result of working together.”
Jonathan Drury, Chief Executive Officer – Savvy Foods Limited.
STRATEGIC REVIEWS
A strategic review is a process by which a company evaluates its current position and future potential in order to identify opportunities for growth and improvement. It typically involves a comprehensive analysis of the company's internal and external factors, including market trends, competition, strengths and weaknesses, financial performance, and customer feedback.
The purpose of a strategic review is to enable a company to understand where it stands in the market, determine its long-term objectives and develop a plan to achieve them. The review helps the company to identify the opportunities and threats it faces, as well as the internal and external factors that are affecting its performance. It will also address improving operational efficiency or restructuring the organisation to better align with its goals.
We at Strategas Management Consultants do this by spending some time with executives and employees and on occasion input from various stakeholders, including customers and investors.
The outcome of the strategic review should be a clear roadmap for the company's future direction, with specific goals and action plans for achieving them.
The strategic review process typically involves the following steps:
Assessing the current situation: This involves gathering and analysing data on the company's current position, including its financials, market share, customer base, and competitive landscape. As part of this stage, we are often asked to create a value creation plan and conduct several operational reviews and system reviews;
Defining the company's mission and vision: This involves clarifying the company's purpose, values, and long-term goals;
Setting strategic objectives: This involves identifying specific, measurable, achievable, relevant, and time-bound goals that will enable the company to achieve its mission and vision;
Identifying strategic options: This involves evaluating different options for achieving the strategic objectives, including potential growth strategies, operational improvements, and organisational changes;
Developing an action plan: This involves creating a detailed plan for implementing the chosen strategic options, including timelines, responsibilities, and resource requirements;
Monitoring and evaluating progress: This involves regularly reviewing and updating the strategic plan based on changes in the market, the company's performance, and other relevant factors.
Overall, a strategic review is a crucial process for any company that wants to stay competitive and achieve long-term success. It helps the company to identify its strengths and weaknesses, set clear objectives, and develop a plan for achieving its goals.
If you would like to learn more about how Strategas Management Consultants can help your organisation flourish, become more efficient and ultimately more profitable in the 21st century please call or email us at strategas@thevcp.co.uk to submit a query and we will come back to you as soon as possible.