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Office # 108-110, Eden Center
Office Hours: 09:00am-6:00pm
Office Address
Office # 108-110, Eden Center
Client Name
Sky Power (Private) Limited Transformers Manufacturing Company
Project Title
Business Advisory Services (HR and Corporate Consultancy) for Sky Power (Private) Limited
Description of the Project
Our Business Advisory Services engagement with the Client was a dynamic collaboration to optimize their operations and catalyze strategic growth. By leveraging our expertise and industry insights, we delivered tailored solutions to address specific challenges and capitalize on opportunities. We conducted a comprehensive analysis of the Client's current performance metrics, financial health, and operational processes to identify areas for improvement.
Scope of the Project
Scope of work includes:
1. Conduct a thorough evaluation of the current business operations and financial performance.
2. Identify critical challenges, opportunities, and areas for improvement.
3. Collaborate with key stakeholders to define and refine the business's strategic objectives and long-term goals.
4. Develop a comprehensive strategic plan that outlines actionable steps to achieve these objectives.
5. Conduct market research to understand industry trends, customer behaviours, and competitive landscape.
6. Provide insights into emerging opportunities and potential threats.
7. Analyses financial statements, budgets, and cash flow to assess the business's financial health.
8. Develop financial projections and recommend strategies for improving profitability and sustainability.
9. Evaluate current business processes and workflows to identify inefficiencies.
10. Recommend process improvements and operational changes to enhance efficiency and reduce costs.
11. Identify potential risks and vulnerabilities in the business operations.
12. Develop a risk management plan to mitigate and manage these risks effectively.
13. Assess the need for technology upgrades and digital transformation.
14. Recommend adopting and integrating relevant technologies to improve productivity and customer engagement.
15. Review the organization's HR practices and employee management.
16. Recommend strategies for talent acquisition, development, and retention.
17. Evaluate current marketing and sales strategies and campaigns.
18. Develop marketing plans and sales strategies to increase market share and customer acquisition
19. Ensure the business complies with all relevant laws and regulations.
20. Develop and implement compliance strategies to minimize legal risks
21. Provide regular reporting and updates on the implementation of the advisory recommendations.
22. Maintain open communication and collaboration with the client throughout the engagement.
23. Address client questions, concerns, and feedback promptly
24. Periodically review the effectiveness of implemented strategies.
Adapt and refine the advisory approach based on changing business dynamics.