By identifying which changes have been successful and which have had only a minimally positive impact, we can help you to improve your business operations until they are fully optimised.
Examples of how we can help include:
• identifying and implementing 'quick wins' for improving your cash flow - cash flow is one of the most common areas with which businesses struggle. By improving your net cash flow, you can build your business in a more sustainable way.
• analysing which of your revenue streams (such as specific product ranges or services that you offer) are profitable and which are making a loss, standing still or only producing a small profit. 'Quick wins' can be had by concentrating on your successful revenue streams and eliminating the less successful ones.
• reviewing the core processes and workflows within your business and making recommendations on how they can be tweaked to improve efficiency. This could mean that the manufacturing process within a factory or the process by which customer queries are resolved.
• identifying changes to your operations and organisation - this can involve management restructuring or changing the shifts that staff work. Such changes are usually in response to issues that have been previously identified during earlier stages of our management consultancy protocol.
• supporting you in implementing any changes identified - it's relatively easy to identify where changes need to be made, but putting those changes in place can be the tricky part. At Cresco, we work with you in project managing the adjustments and ensuring efficiency gains.
• better management of your balance sheet in order to improve your long-term cash flow.
• identifying where activities may be better served by outsourcing them or where currently outsourced activities should be carried out in-house - sometimes the reasons that certain processes have been outsourced are historical and no longer apply. Conversely, it may be more efficient to outsource certain activities, such as social media marketing or PR, to the experts.
• identifying where staff training is required - training can be needed to improve a manager's current performance or in response to management restructuring. Training can be provided by other staff members, by specialist training providers or by Cresco.