WP-4 Optimising The Business Performance
The WP-4 leg focuses on embedding a continuous improvement culture, on profitability and return on equity, and enhancing economic value-added.
We may initiate new marketing programs to increase market penetration, build loyalty, broaden the business and customer base. Adding new products and improving customer service to boost revenue. Building strategic alliances with other world-class organisations.
Financially, the emphasis shifts from cash flow concerns to maintaining a strong balance sheet, securing long-term financing, and implementing strategic accounting and control systems.
There's a psychological shift in personnel towards goal achievement and performance. Rebuilding momentum and morale also rebuilds our return on investment. It means a rebirth of the corporate culture and transforming negative attitudes into confidence and pride.
Longer Term Strategic Plan
Strategic planning is about looking forward and plotting a course to achieve its goals. Our aim is to ensure all parts of the business work in harmony to capitalise on opportunities identified within its market.
Sustainable Growth Budgets
Establish future operating budgets under new structure and business environment. The focus may also have moved to ensure the business is structured to maximise after-tax profit.
Matching business goals to personal achievement goal via agreed KPIs
Rewarding Personal Performance
Retain, train and recruit skilled staff to fulfil documented jobs. If necessary, engaging new senior management. Ensuring all key people are rewarded for delivering on-budget and high achievement.
Identify new production equipment, operating processes or systems to increase efficiency. We'll also suggest a review and redesign of business processes for higher efficiency and quality product/service delivery
Upgrade marketing strategies, product range, and competitiveness for chosen market segments.
WP-4 Outcome = Profitable business generating high quality 'return on assets'.
Getting the best results out of the business creates the best value for
its owners when they choose to exit. A successful turnaround builds value and creates
Owners feeling... Satisfied. Proud. Excited. Looking forward to the future.