Consulting Solutions from cdms Management Advisory Services.
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Transcript of Consulting Solutions from cdms Management Advisory Services.
Consulting Solutions
from cdms
Management Advisory Services
In this Presentation…(You may please click on the links below or continue viewing in sequence)
• Business Analytics• Business Process Management• Risk Management• Why us?• Contact us
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Business Analytics
Our Consulting and Advisory Services
Support in• Data visualisation
• Data analysis and interpretation
• Basic analytics
• Higher order analytics
Examples• Graphs, Charts and Dashboards
• Drawing inferences and insights
• Statistical Analysis and Descriptive Analytics
• Diagnostic Analytics, Predictive Analytics and Prescriptive Analytics
Business Analytics
Data Visualisation, Analysis and Interpretation
AimTo help the top management and other personnel to view Performance Parameters in an appealing visual format to enable deeper analysis and interpretation
Approach• Identify most appropriate visual presentation tools for data in hand• Identify most appropriate software for visual depiction• Lay down processes for collection and processing of data• Use the identified software to visually present the data• Facilitate drawing inferences and insights from the data through effective
analysis and interpretation of data
Benefits to the Organisation• More appealing and easy to interpret data presentation methods• Customisation of visual reports• Effective decision-making
Business Analytics
Basic AnalyticsAim
To provide top management and other personnel with basic analytics information based on available data
Approach• Identify gaps in information needs for effective decision-making• Identify most appropriate statistical measures that will fill this gap• Identify most effective analytical tools that will enable effective decision-
making• Apply the statistical measures and analytical tools to process the data and
present the information
Benefits to the Organisation• Most appropriate descriptive analytics • Effective decision-making
Business Analytics
Higher Order AnalyticsAim
To provide top management and other personnel with higher order analytics information
Approach• Identify gaps in use of available data that could lead to profit maximisation• identify advanced statistical measures and other tools to fill this gap• Apply the statistical measures and tools to process the data and present the
information
Benefits to the Organisation• Leveraging available data for maximising profits
Business Analytics
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Business Process Management
Our Consulting and Advisory Services
Support in• New Process
Implementation• Existing Process
Documentation• Existing Process
Improvement• Automation of Processes
Examples of Business Processes
• Process for purchase of materials
• Process for capital expenditure• Disbursement of salaries• Recruitment of personnel• Performance appraisal• Approving credit limits for
borrowers (banking operations)• Preventive maintenance• Submission of returns to
authorities
Business Process Management
New Process Implementation
AimTo help the organisation to achieve its business goals by defining well laid out processes
Approach• Study various operations in the organisation• Interact with personnel in the organisation to identify the various steps
involved in the different operations• Come up with a suggested sequence of steps for each of the operations• Validate the same with the personnel• Support the personnel in experimenting with the processes arrived at• Review the processes for their suitability• Formalise the processes and implement them
Benefits to the Organisation• Well laid down processes help in
• streamlining operations• optimising costs, effort and time• achieving business goals through optimum processes
Business Process Management
Process DocumentationAim
To document all existing processesto help in strict adherence to processesto enable new users to learn, understand and adapt to processes quicklyto strengthen process driven culture
Approach• Study existing processes• Conduct one-to-one interviews with users regarding the processes and
adherence to processes• Document the desired steps in the processes
Benefits to the Organisation• Well documented processes help in
• better adherence to processes• lesser deviations from processes• new users adapting to processes faster• providing a base for further improvements
Business Process Management
Process ImprovementAim
To correct mis-alignment, if any, with business goalsTo enable identifying non-value adding steps, if any, and to enable lean processesTo enable cost and time reduction, as a continuing initiative
Approach• Review existing processes• Suggest improvements• Support in implementing improvement initiatives• Review post-implementation improvements• Take corrective steps
Benefits to the Organisation• Streamlining of processes to achieve business goals• Optimising cost and time in achieving business goals
Business Process Management
AimTo reduce process timeTo release manpower for more productive workTo reduce costTo ensure improved solutions to address business needs
Automation of Processes
Approach• Identify processes that are amenable for automation• Identify appropriate automation solutions• Support in implementing automation of processes• Test the automated processes for their effective functioning• Suggest corrective steps as may be required
Benefits to the Organisation• Automation saves time, effort and cost• It releases manpower from the routing of mundane operations for more
productive work• It improves the productivity of personnel• It improves efficiency of operations• It provides better control over deviations from defined processes back
Business Process Management
Risk Management
Our Consulting and Advisory Services
Support in• Operational Risk
Management
• Legal Risk Management
Examples of Risks• Steps in processes being
bypassed by operating personnel
• Absence of back-up plans in case of failure of critical processes
• Third party liabilities• Litigation caused due to
improperly worded clauses in agreements
Risk Management
AimTo identify operational risks arising from people and processes and to take measures to minimise / mitigate the risks
Operational Risk Management
Approach• Identify processes that have the potential for people and/or process defaults
• Suggest measures to mitigate or minimise the potential risk
Benefits to the OrganisationIdentification of potential risks before actual occurrence of the risks will help in avoiding risk of reputation loss, possible loss of customers, damages to resources of the organisation and reducing costs of possible litigation or other remedial measures
Risk Management
AimTo identify potential exposure to legal liabilities and to to take measures to mitigate the risk
Legal Risk Management
Approach• Review of all legal contracts and all working arrangements with
customers, suppliers of goods and services and other third parties with whom the organisation has dealings for areas that have the potential to become contentious issues leading to avoidable litigation or other liabilities
• Suggest corrective measures to mitigate or minimise the potential risk
Benefits to the OrganisationIdentification of potential risks before actual occurrence of the risks will help in avoiding risk of reputation loss, possible litigation with stakeholders and consequent costs
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Risk Management
Why Us?
Why Us?
• All our consultants have several years experience in their respective fields and/or in related fields
• All our consultants are professionally qualified• Our consultants bring a cross-functional
approach to a consulting assignment, where applicable
• Most of our consultants also teach at leading management institutes
Profile of Principal Consultant
• R. Ravi Sankar– He is a qualified Company Secretary and a Cost
Accountant with a M.S. Degree in Management Systems
– He has over 34 years experience• 22 years in manufacturing and financial service industries in
different functions at senior levels• Over 14 years experience in training and consulting field
– He teaches at management institutes like IIM – K, Great Lakes Institute of Management and others
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Contact Details
Please Contact
R. Ravi Sankarcdms
Management Advisory Services
G1, Subha Sree, 60, 7th Avenue, Ashok Nagar, Chennai 600 083
Mobile 98402 92866 Landline 2489 8691Email : [email protected]
Website : www.mgrlskills.comback