Business Strategy
Business Strategy Consulting
Business Strategy is a management process for evaluating your current business, determining your strategic direction, and laying out a roadmap of strategic initiatives. A strategic plan explains why an organization exists, what it intends to accomplish, and the tactics it will take to achieve its goals and objectives.
KFS Business Strategy Consulting
Baseline Assessment
Together, we reaffirm the organization’s mission, vision, and values, establishing a strategic context. Our strategy consultants also evaluate the current situation in terms of internal factors (financial, operational, products, customers, and supply chain), external factors (market, industry, competition), opportunities, and threats.
Formulation
Using a variety of facilitation tools, our management consultants collaborate with the team to formulate the strategic vision, value proposition, competitive differentiation, and strategic alternatives (e.g. develop a capability vs. make an acquisition). This phase includes development of the high level “strategic story,” a strategic narrative that is powerful, compelling, and easy to remember.
Specification
KFS strategy consultants develop the strategy in more detail in terms of objectives, a three to five year road map, and key metrics.
Planning
In this phase the strategy is fleshed out in terms of strategic growth initiatives along with detailed plans for each functional area. KFS also builds the business case along with budgetary requests (operational and capital).
Execution
Carrying out the strategic plan includes assigning responsibility for each initiative, program/project management, and organizational change management.
High-Impact Business Strategy Consulting
Many business strategy projects are long on planning but short on action. KFS management consulting methodology remedies this in the assessment phase by identifying the three to five most critical issues and expediting them directly into execution. This allows quick development of executable action plans in parallel with the rest of the business planning process to develop the growth initiatives. This approach delivers faster results and surfaces any potential issues that the organization has in execution.
Custom-tailored Business Strategy Advisory
Given your business’s unique circumstances and resources, KFS custom tailors effective growth strategy and clear implementation plan to achieve growth. KFS’s independent perspective and detailed analysis enable your business to make more informed decisions. We use our expertise, industry experience, and analytics to help our clients identify and implement strategies that will increase revenue and profit.
Risk Management
Disruptions in the marketplace and in the competitive and regulatory landscape present continually evolving strategic, operational, financial and other risks. Managing these risks while protecting value is critical for business success. KFS helps you protect and drive enterprise value, and develop and deploy business strategies that align with your approach to risk and your risk management priorities. We create risk management programs and holistic solutions to address strategic, operational, financial reporting, regulatory, compliance and cyber risks.
