Sunday, February 8, 2015

​Business Advisory Services



At Cornerstone International Group in India we feel that the process of renovation, change and improvement should be a constant at any organization that aims at maximizing growth. While the primary goals of the Organization may remain unchanged, the context in which the goals are to be achieved has to be seen in a continuous state of flux. Change is perhaps the only constant. In our experience across the globe, we have witnessed cyclical rounds of new change proposals emerge in companies either conceptually or as a conscious effort at the corporate level. However, at the operational level, less contentious and less visible, though not necessarily less important changes are implemented more often keeping in mind the importance of continuity and a need to ward off any disruption to normal routine business activity.
 business advisory service
Cornerstone International Group – India provides advice and support to clients working in different industries and verticals to help manage complex and diverse organizations through these periods of significant change, driving service improvements and delivering creative solutions. Business Advisory Services for us are focused on achieving the singular goal of organizational excellence through its most precious asset, the people, and the systems that support their work. The Organizational Excellence work stream brings together all of our activities which help to improve the way our clients operate in areas such as HR, organization design, processes and systems. Our work with clients is largely focused on helping them prepare and continue to adapt to a rapidly changing business environment.
 Advisory Servicea
One of the key impediments in fostering a culture of innovation is the burden of carrying on with traditional hierarchical decision-making structures. This is particularly discouraging to younger staff members. We can state this almost as a truism that hierarchical structures are contrary to efficient work processes and impact morale. For example, in one instance of any organization we helped transform, in one department alone, analytical information on products went through as many as six to nine layers of review before arriving at a cogent plan of action. This is not only unnecessary; it directly impacts bottom-lines adversely. CIG deploys proprietary tools to flatten decision-making structures and make work genuinely more collaborative as opposed to hierarchical.
 business advisory services in India
Business advisory services these days may require a different business model from that of traditional services delivery models characterized by a ‘one size fits all’ philosophy. For example, we recognize that business advisory services may be better suited to a business model based on selling of products and services that strives to continually progress up the value chain.
 advisory service India
The achievement of our interventions through a Business Advisory Plan usually results in five key deliverables:

1.            Enhancing Trust and Confidence: Towards a more stakeholder and client-oriented organizational culture;

2.            Engaging Staff: A globally focused, dynamic, adaptable, meritocratic and physically & emotionally secure work force;

3.            Improving Working Methods: A more open and accountable organization with streamlined procedures;

4.            Rationalizing structures and functions: Optimal locations, common services and expanded partnerships.

5.            Embracing technology to operate more efficiently, reduce costs, and offer additional value-added services.

1 comment:

  1. This is indeed a great feed to read. Loved the way the idea about business advisory services is presented in the article. Kudos to your efforts. Will like to read more about strategic consulting.

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