Initial Assessments

To get where you want to go first know where you are. 

 

financial assessment

                                                                      We go beyond the basic financials to understand the profit drivers and evaluate against industry benchmarks. Operational metrics and activity drivers are key indicators.

organizational assessment

Our focus extends from structure to roles to systems. Evaluate competencies, efficiencies and effectiveness. Understanding responsibilities, rewards and incentives.

How We Work With You

Our work to build financial insight and solid operational practices makes it easy for your employees to deliver better results to customers and a build bigger financial pie for the firm to share.

Here is our five-step process designed to produce the best outcomes:

1.  Develop a clear picture of your current financial position
If don’t know where you are, how can you expect to get to where you want to go

  • Cash, working capital, and borrowing capacity

  • Backlog and sales/estimating pipeline

  • Fixed costs you carry no matter how much work you do

  • Employees and compensation packages

  • Project and Client profitability

  • Comparison of your results to industry benchmarks

2.  Expand the picture to clearly see your performance trends

  • Your company’s performance over time provides insights to how you got here and where you are headed

  • These trends provide a basis for decision-making today

We’ll incorporate what we learn to develop and maintain a budget for the next 12-months.

3.  Analyze how to build your financial strengths and minimize constraints

  • Beyond the numbers, we look at customers and employees for strengths and constraints

  • Does your business model work in light of the company mission and objectives?

  • What are your competitive advantages and strategies to attract and retain clients?

  • We create a standard reporting package and hold regular review meeting monthly

4.  Create a prioritized list of issues and opportunities to address to build success

  • Identify key business practices and processes that should be retooled

  • Working with your accounting and operation teams to develop best practices

  • Organize the resources to plan, implement and track process improvements

  • Training and equipping your team with the tools to be successful

  • Implementation coaching

5.  Develop compensation and feedback programs that reward performance and high customer satisfaction

  • Identifying key metrics to measure performance for distinct job functions and roles

  • Developing metric tracking and reporting portals for constant visibility to performance

  • Developing or modifying compensation programs to pay for performance

  • Communicating and reinforcing the expectations, tactics, and strategies to achieve goals

  • Tweaking the programs based on experience and results