Business Management Consulting Services.
We are serving of our business management consulting service to larger or smaller niche organizations entails providing objective advice, specialist and expertise skills with aspire of producing value, improving or maximizing growth of the organization’s business performance. We are are mainly involved with the structure, management, operations, and strategy, of an organization. Our consulting services assist by identifying opportunities with recommendations, implementing solutions, and providing additional resources. We operate across various services such as marketing, human resources, business strategy, management and financial controls, operations , supply-chain management and information technology.
Establish Where Your Business is Going
Business Management Consulting drives the organizational structure and jobs.
The first step in the Strategic Workforce Planning (SWP) process is to have a clear understanding of your business strategy. At the end of the day, your workforce is there to implement the strategy and achieve the expected business results. Elements of your business strategy that will have the greatest impact on your talent strategy include:
- Areas of your business that you want to grow
- Areas of your business that you want to maintain but make more profitable
- Areas of your business that you want to divest or exit
What does this changing strategy mean for the business?
This is a crucial question that must be understood at the executive level, the business unit level, and the front-line operational level. Strategic change fails when the people implementing the change don’t know what they need to do differently in order to support the new strategy. These disconnects create confusion, conflict, and stress, and put even the best people in a position to fail. Make sure that you have thought through the operational details of your strategy, and that you have sufficient facts and support to make a good decision.
How far, how fast?
This is all about to Know how far and how fast you can reasonably move. It takes time, money, and thought to design and build technological infrastructure, production facilities, and distribution capability. Similarly, it takes time to source, deploy, and train talent. This is even more true when your workforce requires special skills or credentials, or when your jobs are located in a talent-poor or highly competitive region.
The bottom line is that you need to know your business strategy, and the impact of that strategy, before you can create a meaningful workforce plan.
Understand Where the Labor Market is Going
Scanning the market helps you identify talent supply and limitations
Understanding the labor market for the jobs necessary to drive your strategy will help you better understand the length of time it will take to fill a job, the salary you should expect to pay for the job, and potential challenges to filling the job. For example, maybe there is a need for a new school in a growing suburb, but the area is expensive and it is difficult to attract teachers. You need to take these factors into account as you build your SWP.
Common factors to consider include:
- Macroeconomic forecasts—A vibrant, growing economy usually increases demand for talent and raises the cost of employment. Conversely, a challenging economy often increases the supply and affordability of even the very best talent.
- Demographic trends—The age of the available workforce can be an indicator of the capability and availability of workers in an area. Therefore it may be desirable to locate a technology business near a college town as opposed to a retirement community.
- Regulatory changes—Think about what would happen if the Indian government suddenly offered universal healthcare. People who work for larger organizations because of the health benefits may choose to enter business independently, thus changing the employment mix.
- Talent movement trends within your industry—Who’s moving, where are they moving, and why? This can be driven by many external factors such as better job security, better pay, or the opportunity to do the most interesting work.
Identify Your Future Talent Demands
Business strategy drives organizational and job design
Once you have translated your business strategy into operational requirements, you must design the organization and the jobs necessary to implement the strategy. If you contrast this with your organization and jobs as they stand right now, you can identify jobs you will need to create, jobs you will need to phase out, and the optimal timing of your transition.
As with most forecasting efforts, identifying talent demands can be part art and part science. We need to make certain assumptions when we develop our business strategies, and the further ahead we plan, the more uncertain those assumptions become. Rather than getting bogged down in the minutiae, we recommend first focusing on critical roles and employee segments.
Critical roles are those jobs that are vital to your future business strategy. If you don’t have a solid plan for filling these roles with capable people, the business strategy simply won’t come to life. For example, a new cardiac ward in a hospital needs cardiologists and acute care nurses in order to function.
Critical employee segments can include mature workers, visible minorities, members of Gen Y, ethnic groups, veterans, aboriginals, and others. They can be strategically important to certain organizations that need to fulfill requirements for certain types of government contracts or grants, or that want to meet the needs of key customer groups. For example, if a retail organization wants to position itself in areas with growing Latino populations, then they need to have Latino employees.
Assess Your Current Talent Inventory
Who’s on first? What’s on second?
Once you understand future demand, the amount of change needed, and the optimal timing of that change, you should inventory your current talent pool. This will help you determine how to eventually transition people into new roles. It will also give you insight into who won’t fit into the new organization and help you create an exit plan.
There are three key questions you need to answer:
- How well will the worker “fit” the new job? You need to know if she has the behaviors and interests to be productive in the job. For example, if the new job requires her to think more strategically and less tactically, does she have the DNA and the desire to make that leap? If she doesn’t fit well, you might be able to place her in a different job that fits her better.
- Will the worker have the skills to perform the new job? It is much easier to teach skills than to change behaviors. However, you need to know what skills the learner needs to acquire and how long it will take to acquire them. This helps you focus your training investments most judiciously. There are a number of very effective assessments to help you answer these questions.
- How is talent currently moving in your organization? You need to understand how long talent stays in your organization. This can be accomplished by analyzing demographics to identify who is nearing retirement and when they might retire, and by understanding your voluntary and forced attrition.
Identify Your Talent Gaps and Your Strategy to Close Them
The age-old strategic planning questions: What? When? and How?
Once you have assessed your internal talent inventory and understand the jobs necessary for executing your new strategy, you can identify your gaps, determine a time frame for closing those gaps, and create specific tactics for closing gaps.
You typically have four options as you seek to fill these roles. They are “The Four Bs”:
- Build: Developing your internal talent helps you build a cohesive culture and sends a strong message to your people that you are committed to them. It also mitigates risk since you know the employee, the employee knows you, and the transition can be relatively quick.
- Bounce: Redeploy talent from obsolete or redundant jobs, as well as people who don’t fit well with the new jobs that they may be qualified to fill. This can also mean bouncing the employee from the organization altogether.
- Buy: Recruit outside talent. This can be expensive, slow, and risky. Recruiters are often involved, the process may be long, due diligence takes more time, and it is still difficult to predict whether the outside hire will be successful in your organization.
- Borrow: Procure contingent or contract labor. This is increasingly popular for new ventures because it is highly flexible and allows you to “try before you buy.”
Implementing the Process
Process is the key word to remember
Strategic workforce planning is a process, not a one-time event. Like other business processes such as Total Quality Management (TQM) . SWP requires a continuous improvement mindset. By standardizing our approach to a very important and challenging business problem, we reduce errors and better understand the factors that drive success. This ultimately reduces costs and increases effectiveness.
Below are three key lessons that will help your SWP efforts succeed:
- Secure top-level executive sponsorship. Although the name “strategic workforce planning” is bound to get the attention of the HR department, its scope far exceeds the mandate of most HR departments and even senior-level HR executives. HR can facilitate the process, but the business and functional leaders need to be intimately involved in order to ensure that their needs are met. If they lose confidence in the process, they will resist it.
- Don’t attempt to swallow the entire elephant at once. As we mentioned, SWP is a process that reaches broadly within an organization and requires a continuous improvement mindset. It is best to focus on the critical roles or most significant pain points first, and build positive momentum through quick wins. Use focused pilot projects to learn how the process will work in your organization before expanding the scope.
- Establish and track leading metrics. Inspect what you expect, starting with a few key metrics. Start simple and stay the course. This discipline will help you make informed decisions that maximize benefit to the business.
They conduct research for the sector in which the client firm belong to and provide policies that are in accordance with the current business scenarios and can easily adapt to future business scenarios
- we are providing a comprehensive HR management advisory and consultancy service to staff and management.
- We manages operational human resources related issues, including development and communication of policies.
- Acquiring new talent for the client for middle and top management level.
- Implementing new HR strategic policies to find out prospective human talent and retain them as well.
- Offering service in training administration, human resources reporting and coordinating in recruitment process, remuneration and performance management processes
- Providing PMS improvement services & restructuring of manpower in organization.
- we have to carry out research and data collection and conduct analysis of the industry trends.
- We are conducting workshops and run focus groups
- Preparing business proposals or presentations after studying the requirements of the clients and the targets
- we are identify the problems, forming hypotheses and give solutions for the issue.
Management and Financial Controls
- We help client to prepare business plans, proposals, presentations, and also assist them in projecting the returns for the capital invested by retail investors and venture capitalists.
- Finding Personal Equity investor and giving them detail of future prospective expansion plans and expected growth.
- Managing and analyze end to end operational activity
- Arranging training schedules to existing employees to run the operational activity smoothly.
- Designing and implementing operational management system as per requirement.
Supply chain management & IT
- We oversee the clients strategy implementation along with the top management of the client (organization), makes periodic reviews, and measurement of their impacts on the client’s growth, market share, and profitability
- Advise to client use of advance Information technology system for better performance cycle.
- Providing end to end support & training to run supply chain management system.