Business Strategy and Planning
Business owners seem to dislike the terms ‘turnaround consulting’ or ‘business recovery’ because they hint at failure. The truth is that employing turnaround management consultants represents a positive step forward. If you’re at that stage, you have realised the company needs advice and support to get back on track.
Most company failures happen when it becomes too late to solve significant problems. Mistakes are inevitable because humans are imperfect, so the difference between success and failure is often in recognising this fact and taking positive action for change. And this is where we can add value.
We can help your company turn around by identifying processes that are no longer fit for purpose and by finding profitable directions that will allow you to expand and prosper. With a range of industry-leading experts on our team, we’ll carry out an exhaustive business analysis to identify what can be done and how, in order to improve performance. Then our certified management consultants will help you formulate a business turnaround strategy tailored to your unique circumstances.
Startups: concept, execution and delivery
You have a brilliant idea and dream of your first million, but you’re not quite sure how to get there. It’s a familiar story. And critical to your success is going to be finding the best advice that will help you get started on firm foundations.
One of the best things you can do is call on the services of a start-up management consultancy such as BRIDCON. Taking advice at the right time (it need not be expensive) is a sound investment. Cumulatively, our consultants have decades of experience in helping new ventures get off the ground – we are industry-leading experts on different routes for start-ups.
We can help you design the journey for your service or product, from initial market research, to production or delivery, monetisation and IPO. Our team will tailor their approach to your unique ideas, help you to translate them into a business concept, and develop a custom business plan. A clear working strategy sets the foundation for the actions people must take, how and when. Priorities will be clear, expected outcomes understood, and short and long term targets will be achievable.
Many startups fail because, although the business idea is excellent, there isn’t yet a market for the product or service. They fail because the decision makers do not look into data: they either make decisions based on assumptions or are unwittingly misled by unconscious bias. Our approach is driven by behavioural science and data, so our market research for start-ups transcends these ways of thinking.
Small and Medium Enterprises
Some companies grow more than others. There’s a common belief that growth is a result of resources – that the business with the most money or access to cheap raw materials will always do better. This is a misconception. It’s true, of course that having deep pockets can help. However, the main reason that some companies develop more than others is that they build capacity for development. They may have the same opportunities, but they make different decisions. Understanding the customer and their data is key to the success of your journey.
Most consulting companies build skill in solving complex problems. We build skill in avoiding them. It proves more efficient.
How we can help:
- Business mentoring. Every startup is a complicated journey. What if we help you build the infrastructure you need for a successful business?
- Business modelling. Is your idea feasible in the next few years? Is your business model sustainable in a dynamic and competitive environment?
- Business strategy. Do you have challenges to connect all the dots in managing the complexity of your business?
- Business planning. Failing to plan is planning to fail. Do you follow a business plan to navigate the uncharted business waters?
- Pitch decks. Simplifying a business strategy into a confident presentation for potential investors is a must have tool. What questions will they ask you?
- Business audit. Is your growth different from your expectations? Do you believe that the full potential is yet to be reached?