Management Consulting

Business Plan

A business plan is a crucial document for any organisation, and it is even more crucial for management consultancy. A business plan is a comprehensive document that outlines a company’s mission, goals, strategies, and financial projections

Provides Direction

A business plan helps management consultancy firms to establish a clear direction for their business. It outlines the company’s goals, objectives, and strategies to achieve them

Helps Secure Funding

A well-written business plan can help management consultancy firms secure funding from investors or financial institutions. It provides potential investors with a clear understanding of the company’s goals, strategies, and financial projections

Identifies Potential Risks

A business plan helps management consultancy firms to identify potential risks and challenges that they may encounter. This enables the company to develop strategies to mitigate these risks and ensures that they are prepared for any eventuality.

Improves Decision-Making

A business plan provides management consultancy firms with valuable insights and data that can be used to make informed decisions. This helps the company to make better decisions, reducing the risk of costly mistakes.

Helps with Business Development

A business plan can help management consultancy firms to identify new business opportunities and develop strategies to capitalise on them.

Advantage of 3A

Increased efficiency

By identifying areas for improvement, audits, assessments, and analytics can help businesses to optimize their technology operations, reducing costs and improving productivity

Increased Security

Audits can help to identify security risks and vulnerabilities, allowing businesses to take action to prevent breaches.

Better decision-making

Analytics can provide valuable insights into customer behavior and business performance, helping businesses to make informed decisions about technology investments and operations.

Vocal for Local

“Vocal for Local” is a movement to promote and support local businesses and products. As applied to management consultancy, this concept emphasises the importance of promoting and supporting local businesses and entrepreneurs in their efforts to grow and succeed.

Here are some reasons why it is important

Encourages entrepreneurship and innovation in local communities
Promotes self-reliance and reduces dependence on imports
Helps to create jobs and boost the local economy
Preserves and promotes traditional skills and practices
Fosters a sense of community pride and identity

Problems it solves

Advantages

Project Management

Project management is a crucial aspect of management consultancy, as it involves the planning, organising, and executing of projects for clients. Here are some important points regarding project management as applied to management consultancy:

Here are some reasons why it is important

Helps in setting clear goals and objectives for the project.
Helps in identifying potential risks and creating contingency plans.
Ensures timely completion of the project.
Facilitates effective communication and collaboration between team members.
Helps in monitoring the progress of the project and making necessary adjustments.

Problems it solves

Advantages

Increases efficiency and productivity.
Enhances communication and collaboration.
Ensures effective utilisation of resources.
Provides a structured approach to project planning and execution.
Facilitates continuous improvement.

Process Engineering

Process engineering is an essential aspect of management consultancy, as it involves optimising business processes to increase efficiency, reduce costs, and enhance quality.

Here are some reasons why it is important

Process engineering helps organisations identify inefficiencies and bottlenecks in their processes and provides solutions to streamline operations and increase productivity.
It can lead to cost savings and improved quality by identifying and eliminating waste, reducing errors, and increasing throughput.
It can also help organisations adapt to changing business environments and stay competitive by improving their agility and responsiveness.

Problems it solves

Inefficient or outdated processes that waste time, money, or resources can be identified and optimised.
Bottlenecks and delays that slow down operations and decrease productivity can be eliminated.
Quality issues caused by process errors or inconsistencies can be addressed and corrected.
Compliance requirements can be integrated into the process to ensure regulatory standards are met.

Advantage

Improved efficiency and productivity
Reduced costs and waste
Improved quality and consistency
Increased agility and responsiveness
Enhanced customer satisfaction
Improved employee engagement and satisfaction

Audit and Assessment

Audit and assessment are important aspects of management consultancy as they help to evaluate and improve the efficiency, effectiveness, and compliance of a company’s operations, systems, and processes.

Track everything you want to improve

The simple act of tracking something brings awareness and intention that wouldn’t be there without it. ” What gets measured gets done.”

Here are some reasons why it is important

Identify weaknesses and areas for improvement

Audits and assessments provide a comprehensive review of a company’s operations, systems, and processes, which can help identify weaknesses and areas for improvement.

Ensure compliance

Audits and assessments can help ensure that a company is complying with relevant laws, regulations, and industry standards.

Increase efficiency and effectiveness

By identifying weaknesses and areas for improvement, audits and assessments can help companies streamline their operations, reduce costs, and improve their overall efficiency and effectiveness.

Improve risk management

Audits and assessments can help companies identify and manage potential risks, such as security breaches, fraud, and other operational risks.

Enhance credibility

A company that undergoes regular audits and assessments can enhance its credibility with stakeholders, including customers, investors, and regulators.

Project Life Cycle Management

Project Life Cycle Management (PLM) is an important aspect of management consultancy as it enables businesses to efficiently manage projects from ideation to completion. PLM helps to identify potential risks, ensure quality control, reduce project costs, and improve project timelines. It involves a series of phases including initiation, planning, execution, monitoring and control, and closure.

Advantages

One of the key advantages of PLM is that it helps businesses to manage projects more efficiently, ensuring that they are completed on time, within budget, and to the required standard. PLM also enables businesses to better manage their resources, including personnel and finances, reducing the risk of over-allocation and subsequent delays.

Facts and Stats about PLM

The global PLM market size was valued at USD 50.7 billion in 2020 and is expected to reach USD 101.8 billion by 2028.
The aerospace and defence industry is the largest user of PLM, followed by the automotive and transportation industry.
In 2018, Siemens AG, a leading provider of PLM software, invested over USD 10 billion in its digital industrial software business.

Quotes by industry leaders about PLM

PLM is a fundamental requirement for successful digital transformation. It's not just about managing data, it's about managing the lifecycle of your product, your business, and your brand.

Jim Heppelmann CEO of PTC

PLM provides a digital thread that connects people, processes, and data across the entire product lifecycle. This is essential for creating and managing complex products.

Tony Hemmelgarn CEO of Siemens Digital Industries Software

PLM is not just about managing products, it's about managing the business of making products.

Bernard Charles CEO of Dassault Systemes

Potential Viability Report

A Potential Viability Report is an important tool used in management consultancy to assess the feasibility and viability of a project or business venture. It helps to identify potential issues and risks that may affect the success of the project and provides recommendations for improvement.
The report provides a detailed analysis of the market, competition, financial projections, and other key factors that impact the potential success of the project. It also evaluates the strengths and weaknesses of the project team and identifies any gaps in skills or expertise that need to be addressed.

Advantages

Helps to identify potential risks and issues before they become major problems.
Provides recommendations for improvement and identifies areas where additional resources may be required.
Helps to ensure that projects are financially viable and have a clear path to profitability.
Provides a clear understanding of the market and competition, allowing for better strategic planning and decision-making.

Facts and Stats Potential Viability Report

According to a survey by the Small Business Administration, only about 50% of new businesses survive beyond the first five years.
A report by CB Insights found that the top reason for startup failure is a lack of market need for the product or service.
A study by the University of Tennessee found that only 5% of startups seeking funding were able to secure it from venture capitalists.

Quotes by industry leaders

Entrepreneurship is about turning what excites you in life into capital, so that you can do more of it and move forward with it.

Richard Branson

Success is not final, failure is not fatal: it is the courage to continue that counts.

Winston Churchill

Great things in business are never done by one person. They're done by a team of people.

Steve Jobs

Mr Thyagu Valliappa, CEO, Sona Star, discussing business planning and strategy for family businesses with young entrepreneurs.

Mr Vijetha Shastry, AD, Dexter Capital Advisors, Mr Suresh Narasimha, Cocreator Venture, Mr Vickram, MD, Chennai Silks, and Mr Thyagu Valliappa, CEO, Sona Star discussing the importance of process engineering.

Mr Muthuraman, MD, Lakshmi Ceramics and Mr Thyagu Valliappa, CEO, Sona Star, discussing marketing strategy for ‘Vocal for Local’.

What does SMART stand for?

What is the goal?

I want to cut the 6 hours I spend processing data in Excel every day to 3 hours by implementing an improved work routine

How will I measure my progress?

I’ll track the time I spend processing Excel data every day, and watch as the time decreases.

Do I have the skills and the resources for it?

I have access to Excel eBooks that will help me learn how to be more efficient when using Excel formulas

Why is this goal important?

I spend 6 hours processing data in Excel, and that’s too much of my time. Cutting that time in halfwould ensure I have more time for other work activities.

When will I achieve the goal I've set?

I want to cut the time / spend on Excel calculations in half by the 15th of next month.

Business Plan

Any startup idea or new product/service must have a proper plan of action also known as the ‘business plan’. A business plan is an overview of what is intended to be done, who is going to do it, where it is going to be done, why it is being done, how is it going to be done, what is it going to be in terms of pricing, etc. The business plan helps in understanding the desired projections and gaps if any before one embarks the plan into action mode. Our profession team is deft in preparing a proper business plan to help promising startups find their dream investors and take it to the next level.

Challenge Based Advisory

Our team constantly works on various challenges the industry/organizations are facing today and loves to give solutions. These projects give us a lot of impetus to learn and adapt them as key projects. As a consulting organization with strategic leadership team inbuilt in our DNA, we give specific advises which results into unique value proposition. If the organization also wants our team to implement the same, we are ready to do so at an additional cost.

If the 3As are repeated in periodic intervals with a clear objective, the organization will reach good levels of performance with higher productivity and lower cost of operation, with minimal or lowest wastage of time, money & efforts.

Retainer Consultancy

Some projects are long-term, as the adaptation of solutions takes time to deliver the required results. Hence, a lot of industries are not willing to look at consultancy options which are highly priced and unaffordable — especially the MSME sector. We as a team bring in a retainer model for such projects which is cost effective and brings out the desired outputs, resulting into higher productivity, low cost of operation, elimination of NVAs & wastage of time, money, material & resources, improve quality, and thereby increase profitability and realize huge savings in all aspects.

Project Based Consulting

Our solutions are very flexible and cost effective. We believe in delivering value rather than the cost, and hence we’re also comfortable in providing fixed-price project consulting options with scope of work clearly defined.

Time Based Consulting

With certain consulting operations, time is a prime factor in delivering projects — especially when we involve qualified human resources to work on such them. Time-based consulting becomes the best option in such situations. The charges would be on a per-man-hour basis, as the project timelines would be defined in the SoW.

Strategy Consulting

This is a tailor made option which involves our top leadership team to build a strategy for an organization as part of consulting. This option is carefully thought and planned to architect a complete solution package for the organization. It may be a new product line, overhauling an existing one, adding a supplementary offering, creating an internal work-process flow to achieve certain milestones, and others.

PCA-Practical Certification Audit

Our team has devised a ‘star rating’ for the existing systems and processes revolving around the customer and market place. Industry-wise bifurcation is done to achieve these standards. This can also be similar to status audit/mirroring, as it is called, along with a certification, and hence is also termed as PCA.

Vocal For Local

Our team feels that local Industries must grow and flourish, and a strong emphasis must be given to develop them very strongly. To inject economical growth, it is very essential that local industries and businesses must have a constant up-scaling process happening all the time. Most of the industries suffer because of the lack of awareness about their products and services, new methodologies, use of latest technology, industry best practices, and a vocal forum to promote this sector deep and wide across the globe.

YYY Analytics

YYYA is nothing but asking the right questions to get the right answers. Our team feels that this methodology is generally used when there is a failure in a particular process, system, product quality, maintenance, etc. However, we further strongly state that this methodology combined with EWS can be used as part of predictive analytics.

managed services - a to z

Our company has a suite of Softwares, Professionals, Machinery, Infrastructure & Facilities,
Logistics expertise & General Management which can be provided in various formats

Software as a Service

Machines as a Service

People as a Service

Infrastructure as a Service

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data

Raw data can be converted into meaningful information and compiled into valuable data that can be used for Data Mining, Analytics, Visualization, Storage, Restore, and Reuse multiple times.

Data according to our professional team is a profit-making tool for all top management. They use it for projecting, creating reports, pie charts, and presentations with facts & figures extracted from the available data. Our team uses the latest tools & techniques to churn out tons of data in a few seconds per the clients’ requirement sets.

Business Plan

Challenge Based Advisory

Retainer Consultancy

Project Based Consulting

Time Based Consulting

Strategy Consulting

PPP

People→ Process → Profit (PPP)

Our Professional team is deft with aligning the 3Ps which is the cornerstone of any business entity.

A proper template is created to provide ample focus on each element of the 3Ps to ensure that the ultimate goal of achieving profit is embedded in the system. Right people with right job roles & experience, followed by the process of eliciting right action from the workers, achieve profitability. Our team deep dives into each of these elements to create a sustainable model with clear bifurcation of layers of workforce, workflow & revenue generation.