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Business Analyses 

Strengthen processes and reporting

CONTENT

  • Develop strategies based on SWOT analysis.

  • Implement VRIO framework for resource optimization.

  • Utilize management reports to address weaknesses.

  • Consider a development and transformation plan.

  • Devise a scorecard, setting specific timeframes.

  • Strengthen financial processes and reporting

Collating Data

This six-month phase focuses on strengthening processes through strategic development, addressing strengths and weaknesses identified in management reports, and implementing a development and transformation plan. The inclusion of a balanced scorecard ensures a comprehensive approach to analyses and reporting enhancement, fostering organizational alignment and continuous improvement.

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Develop Strategies Based on SWOT Analysis:

  • Utilize insights from the Preliminary Assessment and SWOT analysis.

  • Develop actionable strategies that capitalize on strengths and opportunities while addressing weaknesses and threats.


Implement VRIO Framework for Resource Optimization:

  • Apply the VRIO framework to assess the value, rarity, imitability, and organization of resources.

  • Identify and leverage unique resources and capabilities for strategic advantage.
     

Utilize Management Reports to Address Weaknesses:

  • Leverage insights from management reports to identify and address weaknesses.

  • Align reporting enhancement strategies with the overall business objectives.
     

Consider a Development and Transformation Plan:

  • Formulate a comprehensive development and transformation plan.

  • Define specific actions, resource allocation, and timelines for the implementation of the plan.
     

Devise a Balanced Scorecard, Setting Specific Timeframes:

  • Design a balanced scorecard framework covering financial, customer, internal processes, and learning and growth perspectives.

  • Set specific timeframes for the development and implementation of the balanced scorecard

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Strengthen Internal Financial Processes and Reporting:

  • Utilize management reports to address financial weaknesses and assess potential exit strategies.

  • Develop strategies based on financial insights for resource optimization

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