General Business Consulting
Initial Consultation: Our
typical process starts with a phone call, followed up by an initial meeting if
appropriate. During this "Initial Consultation", which will last from ½ to one day, we work with senior management
to specify their major concerns with respect to meeting financial (i.e.,
growth, profitability), and customer expectations, and review key performance
metrics (trends) related to these expectations.
We
also review the key priorities and initiatives the company has undertaken in
its major functional areas (i.e., Sales & marketing, Operations &
supply chain, Technical, Organization), why they have been undertaken, and
status of completion. Finally, we seek to
understand the Senior Management view on the organizational and resource constraints that prevent the Company
from meeting these expectations.
If,
at the end of this meeting, Management wishes to retain GordianKnot, we will
prepare a Phase I consultation
proposal detailing areas of further enquiry, analysis to be carried out, time
required, and deliverables.
Cost of Service:
Reimbursement
of out-of-pocket expenses with no mark-up.
The process for General Business Consulting:
During a general business consulting engagement, GordianKnot carries
out a detailed, “tops-down” analysis of the areas of concern identified
in the initial consultation. Depending on the issues of concern,
the consulting phase could include a number of different analyses for
the business unit including:
-
Financial analysis – Macro characterization:
-
Market segmentation analysis;
-
Customers and products/services segmentation (Pareto
analysis);
-
Cost structure analysis;
-
Supply chain structure and cost;
-
Processes and Systems;
-
Organization Structure analysis
The
proposal for the engagement will specifically detail the tasks involved, and
the time expected for each task. Gordian
Knot will be very flexible in working with the client to prepare an engagement
process that meets the specific needs of the customer. In many cases this may involve one to three
phases with review points at the end of a phase. Depending on the complexity, the consulting
phase is generally completed over a 2-4 week time frame. It consists of a
series of interviews with key managers, follow-up discussions as needed and
analysis using GordianKnot analytical tools. GordianKnot also provides to the
client both summary data and the detailed data that supports the analyses.
The consulting engagement deliverables consist
of a review meeting with senior management to discuss the analysis and
recommendations, a report detailing the results of the analysis, and recommendations
that are practical, real world, and implementable.
Consulting Engagement Cost: The costs
depend on the scope and duration of the work.
Our professional fees range from $2,500 to $3,000
per day depending on the resource and nature
of the work. We charge for out of pocket expenses
at our cost and without any markups.
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