In today's rapidly changing world, only well-planned businesses and communities succeed. Since its establishment, ideas Holding Group, has been consulting with entrepreneurs, communities, and expanding businesses in various industries and sectors; both public and private, with our competitive advantage revolving around our expertise and hands-on experience.
Business Consultancy Services
ideas Holding specializes in business consultancy services which achieve real growth -often in highly competitive and difficult markets. We totally focus on supporting our clients to prosper and have many years of experience of doing so.
To ensure providing you with custom solutions that fit your various business requirements rather than utilizing over-the-shelve and readymade solutions, we've created over the years a pool of expertise in the different fields of business, who are competent enough to provide your business with reliable solutions that work well.
Our consultancy services are competitively priced, whilst bringing real value and return on investment. These include strategic planning, business analytics and development support, financial analytics and planning, marketing planning, corporate identity analysis and development, bid writing and management, change management, policy and procedures reviews and alignment, supply chain management, transformation from traditional to eBusiness, and the list goes along.
It is our pride to state that our continuous achievements and award winning projects, both locally and regionally, have put us in the forefront whenever competition is the game.
Business Analytics refers to the skills, technologies, applications and practices for continuous iterative exploration and investigation of past business performance to gain insights and drive business planning. It focuses on developing new insights and understanding of business performance based on data and statistical methods.
Business analytics makes extensive use of data statistical and quantitative analysis, explanatory and predictive modeling, and fact-based management to drive decision making.
The approach adopted by ideas Holding to perform business analytics involves extensive use of querying, reporting, and alert tools to find out what happened, how many, how often, where the problem is, why is it happening, what if these trends continue, what will happen next, and what actions are needed.
Business Process Engineering & Reengineering
Business process re-engineering is the analysis and design of workflows and processes within an organization. A business process is a set of logically related tasks performed to achieve a defined business outcome. Re-engineering is the basis for many recent developments in management. Additionally, many recent management information systems developments aim to integrate a wide number of business functions.
ideas Holding approach for redesigning the way work is done to better support the organization's mission and reduce costs starts with a high-level assessment of the organization's mission, strategic goals, and customer needs. Basic questions are asked, such as "Does our mission need to be redefined? Are our strategic goals aligned with our mission? Who are our customers?" An organization may find that it is operating on questionable assumptions, particularly in terms of the wants and needs of its customers.
Within the framework of this fundamental assessment of mission and goals, re-engineering focuses on the organization's business processes—the steps and procedures that govern how resources are used to create products and services that meet the needs of particular customers or markets.
Business Policy, Standards, and Procedures
While technologies, processes, and ultimately, people are the soldiers on the front lines, policy is the strategic direction that guides the organization toward objectives and goals.
The importance of policy is supported by a quick review of current regulatory issues facing companies. While regulations, whether governmental or industry driven, are typically on the "grey" side when prescribing control requirements, the need for defined policy within the organization is always included.
However, policy is not just a 'check the box' activity for regulatory compliance. Policy defines the organization's response and posture for handling specific business processes.
Policy must be sanctioned by executive management and reflect the organizational view on acceptable business practices. This includes the management of risks and execution of business processes. Policy must clearly define the structure, approach and philosophy to address a specific business aspect. Policy also must be consistently communicated to the enterprise and applied to business process and strategy. Policy definition is not a one-time activity but must be ingrained into the culture of the organization.
Relying on its deep knowledge and experience, ideas Holding helps you design business policy, procedures and standards that work, while ensuring that your policy does not become an administrative burden or an ignored dogma without a true sense of its strategic value.
Business documentation is one of the most frequent "forgotten" and underutilized part of business improvement and analysis. Companies often "don't have the time" to create, publish and maintain a comprehensive set of business documentation.
When done correctly, documentation creates a structure of standardization and control that will ultimately support your business processes and activities, and therefore enhance your business performance.
The misconception that documentation costs too much to produce and maintain is wrong; a good set of documentation can save you thousands of dollars in precious company resources.
What is the cost to your company when you lose an employee? What is the cost if an employee transfers to another part of the organization or is away on sick leave? How does a new or temporary person complete the tasks if there is not a quality set of documentation to guide them? How do you control external document security?
Documentation is a huge resource to your company, but only if it has been done correctly. ideas Holding can work with your organization, train key individuals, and help you establish a documentation structure that will support your organization now as well as support your growth in the future.
- Our documentation activity covers the following areas:
- Structuring documentation for company-wide implementation
- Documentation standardization and presentation
- Developing Documentation Maintenance standards
- Documentation indexing and control
Performance analysis is the process of identifying the performance problems and defining the suitable solutions. It involves gathering formal and informal data to help the organization and its customers define and achieve their goals. It uncovers several perspectives on a problem or opportunity, determining any and all drivers towards or barriers to successful performance, and proposing a solution system based on what is discovered.
As we, at ideas Holding, define it, it is "what we do to figure out what to do". Some synonyms are planning, scoping, auditing, and diagnostics.
Although PA tools merely depend on the situation being analyzed, some common ones can be listed herein:
- Interviews and meetings with concerned staff and some selected customers
- Analyzing the Annual Report and other available reports of the organization
- Studying and tracking customer complaints
- Leading focus groups with staff members in all levels, including management and frontend staff
The length of this activity varies according to the nature of the objectives, size of the business, desired outcomes, and situation complexity.
Faced with rapid change organizations need to develop a more focused and coherent approach to managing people. In just the same way a business requires a marketing or information technology strategy it also requires a human resource strategy.
In developing such a strategy two critical questions must be addressed. These are:
- What kinds of people do you need to manage and run your business to meet your strategic business objectives?
- What people programs and initiatives must be designed and implemented to attract, develop and retain staff to compete effectively?
In order to answer these questions four key dimensions of an organization must be addressed:
- Culture: the beliefs, values, norms and management style of the organization
- Organization: the structure, job roles and reporting lines of the organization
- People: the skill levels, staff potential and management capability
- Human resources systems: the people focused mechanisms which deliver the strategy - employee selection, communications, training, rewards, career development, etc.
Frequently in managing the people element of their business senior managers will only focus on one or two dimensions and neglect to deal with the others. Typically, companies reorganize their structures to free managers from bureaucracy and drive for more entrepreneurial flair but then fail to adjust their training or reward systems.
When the desired entrepreneurial behavior does not emerge managers frequently look confused at the apparent failure of the changes to deliver results. The fact is that seldom can you focus on only one area. What is required is a strategic perspective aimed at identifying the relationship between all four dimensions.
If you require an organization which really values quality and service you not only have to retrain staff, you must also review the organization, reward, appraisal, and communications systems.
Our approach towards developing a human resource strategy and the active involvement of senior line managers involves seven steps that should be sought throughout the approach. These are:
- Getting the 'Big Picture'
- Developing a 'Mission Statement' or Statement of Intent
- Conducting a SWOT Analysis of the organization
- Conducting a detailed Human Resource Analysis
- Determining Critical People Issues
- Developing Consequences and Solutions
- Implementation and evaluation of the 'Action Plans'
To provide our clients with realistic evaluation and situation analysis, ideas Holding manages and coordinates studies ranging from scoping definition through to feasibility and business planning. This service is provided across different business sectors and industries ranging from general to specialized B2B and B2C services.
We strongly believe that feasibility Study is not an administrative document required to raise a fund or the like but to ensure building a successful business, especially when competition is the sign of the market you will work in. A feasibility study is the first step of the development process which provides critical guidance for design, construction, and operations. It evaluates potential market support and forecasts usage. It determines potential financial performance and maximum warranted development costs. It provides detailed physical planning parameters. And lastly but not the least, it recommends the attraction mix and keys of success.
In ideas Holding, our approach to study the feasibility of any project involves the following tasks and steps:
- Orientation Meeting; an initial meeting held to develop a proper understanding of the project concept and dimensions.
- Project Structuring; where the different resources required for the project, including date and information, reliable sources, experts, limitations, market proximity, potential complementary and competitive facilities, industry trends, etc. are defined and the project plan is developed.
- Conducting project and market study; which includes market analysis, market segmentation, competition analysis, business requirements identification, etc.
- Conceptual Design; where the project concept is build and tested according to the findings obtained from the previous steps.
- Building scenarios and challenging arguments.
- 6Business, financial and HR analysis and planning.
Market Research & Competition Analysis
A strong business plan requires going beyond intuition and experience, and supporting your idea with fact-based market research. Investors need to have confidence in your understanding of the market, so don't let your business down by skimping on research.
Our ideas rich databases and other resources, allow us to provide market research for all areas of your business plan and beyond:
- Industry Analysis: We help you identify just how big your industry is in terms of revenue and numbers of players. Keeping up with trends (technological, cultural, demographics) is also important for this section of your business plan and we scour industry and news sources to identify those trends.
- Competitive Analysis: You know you have competitors, but what do you know about them? This section of your plan needs to include an analysis of your key competitors, how they market their services/products, how they differentiate themselves in their marketing efforts, and what kind of market share they possess.
- Target Market Analysis: Identifying and prioritizing specific target markets is another key part of your business plan where research is crucial. You need to think about such questions as: What are the demographics and psychographics of your target audiences? How can you best reach them? What kinds of concerns do they have? How do they like to be marketed and sold to?
In addition to the ongoing research into your industry, competitors, and customers/clients, we can also help in numerous areas including:
- Client Prospecting: Creating a list of potential qualified prospects for your service or product can be daunting when you're beginning your business. However, this needs to be considered as a follow up on your Target Market Analysis so you can hit the ground running.
- Web Site Research: Developing a company web site where people will return again and again often means providing your audience with information or resources that are useful to them. These resources need to be carefully selected, authoritative, and regularly maintained. We can help identify useful and robust online resources for your specific target markets.