3 Phase Approach in Understanding Client's Business Challenges
And how conducting in-depth process audits; identity's Company's Business Challenges.
The first step for any business consultant is the discovery phase, where the goal is in understanding client’s business challenges. A good business consultant takes the time to learn as much as possible about the business from the owner and employees. This can include touring the facility, meeting with the board of directors and employees, Audits: Analyzing the finances and reading all company materials. During this process, the business consultant will uncover the details of the company’s mission and operations that are in place.
Once an in-depth understanding has been developed, the business consultant enters the evaluation phase, where the goal is to identify where change is needed. This includes identifying the company’s strengths and weaknesses (SWOT), as well as current and foreseeable problems. These can include problems already seen by ownership and management, and new problems seen by the business consultant’s objectivity. A business consultant should also identify opportunities to grow business, increase profits, and boost efficiency.
Understanding Client's Business Challenges: Clients key business problem that needs to be solved. It is the condition to be improved upon/eliminated.
Clients key business problem that needs to be solved. It is the condition to be improved upon/eliminated.