Strategic Management Presentation On BIZ Consultants

8/9/2019 Strategic Management Presentation On BIZ Consultants

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BIZ Consultants

In Perspective Of

STRATEGIC MANAGEMENT

By : Tehseen Ahmed

Assigned By : Sir Farrukh


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Introduction

To enhance my professional skills/ability on account ofStrategic Planning, Financial Advisory, Equity MarketAnalysis, Market Research, Accounting and Tax Consultancy,I intend to take step for establishing a business consultancy

firm under name and style of BIZ Consultants for initiatingwhich I already have qualified and experienced team. Initiallywell focus on Small and Medium Enterprises and our missionis to cover the complete bundle of problems persisting in

business circle.

BIZ Consultants currently consist of 7 members. All themembers are all rounder in business consultancy, however,each member is expert in a specific service, providing by theorganization


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Vision Statment

Our vision is to be the world's best quick

solution provider. However, having best

means at disposal to provide outstanding

quality, services, comprehensiveness, and

profitability to clients, every investor will have

a smiling face."


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Mission Statement

We will continue to improve and develop to becomethe premiere, professional management andconsulting organization, providing our clients withworld-class quality business consultancy servicescustomized to meet their unique needs. Achieving ourmission will demand a sense of trust, support, andinterdependence among these two vital elements ofour business:

Our Customers

Our Organization


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External Factors Evaluation

Opportunities

1Revival in businesses. 0.30 4 1.20

2Exempted from Indirect Taxes 0.10 2 0.20

3Increasing in SMEs. 0.05 2 0.10

4Awarenes of diversificatin to businessmen. 0.05 1 0.05

5Low competitive market. 0.10 2 0.20


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External Factors Evaluation

Threads

1Competitors are well known and experienced. 0.10 4 0.40

2Untrust of clients on new consultant. 0.05 3 0.15

3Tighten economcs policies for investor. 0.05 2 0.10

4Least awareness of consultancy for small investor. 0.10 1 0.10

5Small businessmen are usually conservative. 0.10 2 0.20

Total.. 1.00 2.70


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Strength

1We have experienced and talented team. 0.20 3 0.60

2Smart Marketing Staff to pursue businessmen. 0.10 2 0.20

3Office Location 0.10 2 0.20

424 hours on fone advisory service. 0.20 4 0.80

5Affiliated with BIZ Consultants, US. 0.10 3 0.30

Internal Factors Evaluation


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Internal Factors Evaluation

Weaknesses

1New business needs to survive by bearing fixed costs. 0.10 3 0.30

2Lack of employees for dealing with more clients. 0.05 4 0.20

3Power of Image. 0.05 2 0.10

4Don't have any renowned customer. 0.05 2 0.10

5Capacity to deal with limited customer at a time. 0.05 1 0.05

Total.. 1.00 2.85


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Comptitve Profile Matrix (CPM)BIZ Consultants Caliber Bus. Conslt. KPMG

S.No Description Weight Score WeightedScore

Score WeightedScore

Score WeightedScore

1Expert Advisors 0.30 4 1.20 4 1.20 4 1.20

2Market Share 0.10 1 0.10 2 0.20 3 0.30

3Office Location 0.05 2 0.10 2 0.10 4 0.20

424hours tele advisory. 0.10 1 0.10 - - - -

5Quality Services 0.10 2 0.20 2 0.20 3 0.30

6Goodwilll 0.10 4 0.40 2 0.20 3 0.30

7Customers Loyality 0.05 3 0.15 2 0.10 3 0.15

8International Affiliation 0.05 2 0.10 - - 2 0.10

9Dealing with foreign clients. 0.05 1 0.05 3 0.15 - -

10Chartered Accountancy Services 0.10 - - 1 0.10 2 0.20

Total.. 1.00 2.40 18 2.25 24 2.75


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Space Matrix

Aggressive

Defensive Competitve

Conservative

CAIS

ES

0.145

0.096

FS


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SWOT Analysis

Opportunities : Threads :

1.Revival in businesses. 1.Competitors are well known and experienced.

2.Exempted from Indirect Taxes 2.Untrust of clients on new consultant.

3.Increasing in SMEs. 3.Tighten economcs policies for investor.

4.Awarenes of diversificatin to businessmen. 4.Least awareness of consultancy for small investor.

5.Low competitive market. 5.Small businessmen are usually conservative.

Strength : Weaknesses :

1.We have experienced and talented team. 1.New business needs to survive by bearing fixed costs.

2.Smart Marketing Staff to pursue businessmen. 2.Lack of employees for dealing with more clients.

3.Office Location 3.Power of Image.

4. 24 hours on fone advisory service. 4.Don't have any renowned customer.

5.Affiliated with BIZ Consultants, US. 5.Capacity to deal with limited customer at a time.


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TOWS Analysis Opportunities : Threads :

1.Revival in businesses. 1.Competitors are well known and experienced.

2.Exempted from Indirect Taxes 2.Untrust of clients on new consultant.

3.Increasing in SMEs. 3.Tighten economcs policies for investor.

4.Awarenes of diversificatin to businessmen.4.Least awareness of consultancy for small investor.

5.Low competitive market. 5.Small businessmen are usually conservative.

Strength : 1. Reduce prices of Services to capture the

1.We have experienced and talented team. complete market. (S:3, S:2, O:5)

2.Smart Marketing Staff to pursue businessmen.

3.Office Location 2. Arrange workshops for businessmen

4. 24 hours on fone advisory service. for providing awareness about the need of

5.Affiliated with BIZ Consultants, US. business consultancy. (S:2, O:1, O:4)

3. Offer complete package of services to businessmen

Weaknesses : on discounted prices. (W:1, W:3, T:1)

1.New business needs to survive by bearing fixedcosts.

2.Lack of employees for dealing with more clients.

3.Power of Image.

4.Don't have any renowned customer.

5.Capacity to deal with limited customer at a time.


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QSPM

S.No Description Weight Score WeightedScore

Score WeightedScore

Opportunities

1Revival in businesses. 0.30 4 1.20 4 1.20

2Exempted from Indirect Taxes 0.10 2 0.20 1 0.10

3Increasing in SMEs. 0.05 2 0.10 - -

4Awarenes of diversificatin to businessmen. 0.05 1 0.05 4 0.20

5Low competitive market. 0.10 2 0.20 1 0.10

Threads

1Competitors are well known and experienced. 0.10 4 0.40 3 0.30

2Untrust of clients on new consultant. 0.05 3 0.15 2 0.10

3Tighten economcs policies for investor. 0.05 2 0.10 2 0.10

4Least awareness of consultancy for small investor. 0.10 1 0.10 - -

5Small businessmen are usually conservative. 0.10 2 0.20 - -

Total.. 1.00 2.70 2.10


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QSPM

Strength

1We have experienced and talented team. 0.20 3 0.60 4 0.80

2Smart Marketing Staff to pursue businessmen. 0.10 2 0.20 4 0.40

3Office Location 0.10 2 0.20 3 0.30

424 hours on fone advisory service. 0.20 4 0.80 2 0.40

5Affiliated with BIZ Consultants, US. 0.10 3 0.30 - -

Weaknesses

1New business needs to survive by bearing fixed costs. 0.10 3 0.30 2 0.20

2Lack of employees for dealing with more clients. 0.05 4 0.20 1 0.05

3Power of Image. 0.05 2 0.10 3 0.15

4Don't have any renowned customer. 0.05 2 0.10 1 0.05

5Capacity to deal with limited customer at a time. 0.05 1 0.05 - -

Total.. 1.00 2.85 2.35


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Conclusion

Considering the above mentioned data and analysis,

we should initiate the plan. Vector of the space matrix

lie in aggressive part, mean while, other comparisons

are also showing positive forecasted consequences.QSPM showing our strengthened position in internal

assessment while, external factors are a little week

which may effect negatively after some time. In

CPM, Biz consultants is showing in very much goodposition than other already existed competitors.


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Recommendation

Considering the political turmoil and toughcompetition in industry, losses may be prevail infuture period. At the same time, recovery of recessionis the best chance for financial advisory, where all theinvestors are willing to earn higher return to cover the

previous losses endured during recession.

My recommendation after reading the brief analysis,is to take a positive step to commence BIZConsultants. Return on investment is anticipatedhigher, if any loss incurred in future, it will notdepreciate the amount of investment


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Strategic Management Presentation On BIZ Consultants

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