You are on page 1of 18

BIZ Consultants

In Perspective Of

STRATEGIC MANAGEMENT

By : Tehseen Ahmed

Assigned By : Sir Farrukh


Introduction
• To enhance my professional skills/ability on account of
Strategic Planning, Financial Advisory, Equity Market
Analysis, Market Research, Accounting and Tax Consultancy,
I intend to take step for establishing a business consultancy
firm under name and style of “BIZ Consultants” for initiating
which I already have qualified and experienced team. Initially
we’ll focus on Small and Medium Enterprises and our mission
is to cover the complete bundle of problems persisting in
business circle.
• BIZ Consultants currently consist of 7 members. All the
members are all rounder in business consultancy, however,
each member is expert in a specific service, providing by the
organization
Vision Statment
• Our vision is to be the world's best quick
solution provider. However, having best
means at disposal to provide outstanding
quality, services, comprehensiveness, and
profitability to clients, every investor will have
a smiling face."
Mission Statement
• We will continue to improve and develop to become
the premiere, professional management and
consulting organization, providing our clients with
world-class quality business consultancy services
customized to meet their unique needs. Achieving our
mission will demand a sense of trust, support, and
interdependence among these two vital elements of
our business:
• Our Customers
• Our Organization
External Factors Evaluation
Opportunities

1Revival in businesses. 0.30 4 1.20

2Exempted from Indirect Taxes 0.10 2 0.20

3Increasing in SMEs. 0.05 2 0.10

4Awarenes of diversificatin to businessmen. 0.05 1 0.05

5Low competitive market. 0.10 2 0.20


External Factors Evaluation
Threads

1Competitors are well known and experienced. 0.10 4 0.40

2Untrust of clients on new consultant. 0.05 3 0.15

3Tighten economcs policies for investor. 0.05 2 0.10

4Least awareness of consultancy for small investor. 0.10 1 0.10

5Small businessmen are usually conservative. 0.10 2 0.20

Total….. 1.00 2.70


Internal Factors Evaluation
Strength

1We have experienced and talented team. 0.20 3 0.60

2Smart Marketing Staff to pursue businessmen. 0.10 2 0.20

3Office Location 0.10 2 0.20

424 hours on fone advisory service. 0.20 4 0.80

5Affiliated with BIZ Consultants, US. 0.10 3 0.30


Internal Factors Evaluation
Weaknesses

1New business needs to survive by bearing fixed costs. 0.10 3 0.30

2Lack of employees for dealing with more clients. 0.05 4 0.20

3Power of Image. 0.05 2 0.10

4Don't have any renowned customer. 0.05 2 0.10

5Capacity to deal with limited customer at a time. 0.05 1 0.05

Total….. 1.00 2.85


Comptitve Profile Matrix (CPM)
BIZ Consultants Caliber Bus. Conslt. KPMG
S.No Description Weight Score Weighted Score Weighted Score Weighted
Score Score Score

1Expert Advisors 0.30 4 1.20 4 1.20 4 1.20

2Market Share 0.10 1 0.10 2 0.20 3 0.30

3Office Location 0.05 2 0.10 2 0.10 4 0.20

424hours tele advisory. 0.10 1 0.10 - - - -

5Quality Services 0.10 2 0.20 2 0.20 3 0.30

6Goodwilll 0.10 4 0.40 2 0.20 3 0.30

7Customers Loyality 0.05 3 0.15 2 0.10 3 0.15

8International Affiliation 0.05 2 0.10 - - 2 0.10

9Dealing with foreign clients. 0.05 1 0.05 3 0.15 - -

10Chartered Accountancy Services 0.10 - - 1 0.10 2 0.20

Total….. 1.00 2.40 18 2.25 24 2.75


Space Matrix
FS

Conservative Aggressive

0.145

IS
CA
0.096

Defensive Competitve

ES
SWOT Analysis
Opportunities : Threads :

1.Revival in businesses. 1.Competitors are well known and experienced.

2.Exempted from Indirect Taxes 2.Untrust of clients on new consultant.

3.Increasing in SMEs. 3.Tighten economcs policies for investor.

4.Awarenes of diversificatin to businessmen. 4.Least awareness of consultancy for small investor.

5.Low competitive market. 5.Small businessmen are usually conservative.

Strength : Weaknesses :

1.We have experienced and talented team. 1.New business needs to survive by bearing fixed costs.

2.Smart Marketing Staff to pursue businessmen. 2.Lack of employees for dealing with more clients.

3.Office Location 3.Power of Image.

4. 24 hours on fone advisory service. 4.Don't have any renowned customer.

5.Affiliated with BIZ Consultants, US. 5.Capacity to deal with limited customer at a time.
TOWS Analysis
Opportunities : Threads :
1.Revival in businesses. 1.Competitors are well known and experienced.
2.Exempted from Indirect Taxes 2.Untrust of clients on new consultant.
3.Increasing in SMEs. 3.Tighten economcs policies for investor.
4.Awarenes of diversificatin to businessmen.4.Least awareness of consultancy for small investor.

5.Low competitive market. 5.Small businessmen are usually conservative.


Strength : 1. Reduce prices of Services to capture the

1.We have experienced and talented team. complete market. (S:3, S:2, O:5)
2.Smart Marketing Staff to pursue businessmen.
3.Office Location 2. Arrange workshops for businessmen
4. 24 hours on fone advisory service. for providing awareness about the need of

5.Affiliated with BIZ Consultants, US. business consultancy. (S:2, O:1, O:4)
3. Offer complete package of services to businessmen

Weaknesses : on discounted prices. (W:1, W:3, T:1)


1.New business needs to survive by bearing fixed
costs.

2.Lack of employees for dealing with more clients.


3.Power of Image.
4.Don't have any renowned customer.
5.Capacity to deal with limited customer at a time.
QSPM
S.No Description Weight Score Weighted Score Weighted
Score Score

Opportunities

1Revival in businesses. 0.30 4 1.20 4 1.20

2Exempted from Indirect Taxes 0.10 2 0.20 1 0.10

3Increasing in SMEs. 0.05 2 0.10 - -

4Awarenes of diversificatin to businessmen. 0.05 1 0.05 4 0.20

5Low competitive market. 0.10 2 0.20 1 0.10

Threads

1Competitors are well known and experienced. 0.10 4 0.40 3 0.30

2Untrust of clients on new consultant. 0.05 3 0.15 2 0.10

3Tighten economcs policies for investor. 0.05 2 0.10 2 0.10

4Least awareness of consultancy for small investor. 0.10 1 0.10 - -

5Small businessmen are usually conservative. 0.10 2 0.20 - -

Total….. 1.00 2.70 2.10


QSPM
Strength

1We have experienced and talented team. 0.20 3 0.60 4 0.80

2Smart Marketing Staff to pursue businessmen. 0.10 2 0.20 4 0.40

3Office Location 0.10 2 0.20 3 0.30

424 hours on fone advisory service. 0.20 4 0.80 2 0.40

5Affiliated with BIZ Consultants, US. 0.10 3 0.30 - -

Weaknesses

1New business needs to survive by bearing fixed costs. 0.10 3 0.30 2 0.20

2Lack of employees for dealing with more clients. 0.05 4 0.20 1 0.05

3Power of Image. 0.05 2 0.10 3 0.15

4Don't have any renowned customer. 0.05 2 0.10 1 0.05

5Capacity to deal with limited customer at a time. 0.05 1 0.05 - -

Total….. 1.00 2.85 2.35


Conclusion
Considering the above mentioned data and analysis,
we should initiate the plan. Vector of the space matrix
lie in aggressive part, mean while, other comparisons
are also showing positive forecasted consequences.
QSPM showing our strengthened position in internal
assessment while, external factors are a little week
which may effect negatively after some time. In
CPM, Biz consultants is showing in very much good
position than other already existed competitors.
Recommendation
• Considering the political turmoil and tough
competition in industry, losses may be prevail in
future period. At the same time, recovery of recession
is the best chance for financial advisory, where all the
investors are willing to earn higher return to cover the
previous losses endured during recession.
• My recommendation after reading the brief analysis,
is to take a positive step to commence BIZ
Consultants. Return on investment is anticipated
higher, if any loss incurred in future, it will not
depreciate the amount of investment

You might also like