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Business Strategy Development
"Stay Ahead Of Your Competitors"
Are you facing business challenges amidst recession?
Don’t worry, you’re not alone.
It is inevitable for companies to face problems even if they have been operating for many years.
With the global pandemic, there is a need to relook at your business model and analyse if it is still relevant to the market.
- Resorting to discounts and hurting profit margins just to keep prices competitive
- Low productivity and operational efficiency
- Bad hires and high turnover rate
- Decline in sales and profits
Turn Crisis into Opportunity
Unsure of how to minimise the pandemic’s impact on your business?
Now is the time to examine your internal capabilities and set up a framework, so that you will be better prepared when the market recovers.
Our strategies go beyond ensuring business survival. The ultimate goal is to spur growth, boost your company’s performance and improve its profitability.
To stay ahead of competitors, your business has to adapt, transform and be future-ready.
Benefits of Business Strategy Development (BSD)
Build stronger business foundation & strategies
Achieve better financial performance
Create visionary & inspirational leadership
Enhance customer
service & satisfaction
Increase market penetration & revenue
Adopt technology & drive innovation in processes, products & services
Improve employee output
Grow overseas presence
Develop effective business planning process
Uncover every Growth Opportunity and Maximise Your Revenue
Designed specifically for SMEs, our business strategy revolves around 6 Engines of Growth: Leadership & Culture, Customers, People, Process, Strategy, Knowledge & Decisions.
A successful business strategy seeks to optimise all 6 tenets to accelerate the growth of your company and maximise your revenue.
At the same time, we understand no two businesses are alike. This is why we design each business strategy to your company’s unique challenges and requirements.
You may want to attract more people to buy your products or services. Perhaps you already have a steady stream of customers, but want to drive innovation in your offerings to chase a more a more lucrative market. Or maybe you would like to reallocate manpower to focus on the tasks that matter.
Whichever it is, let us understand your goals, and we’ll tailor a business strategy that works for you.
To bring companies from their current state to the desired state, we employ a 4-step approach
1. Business Diagnostic
- Existing business drivers, challenges, strengths and weaknesses
- Current organisation structure and operating model
- Understanding service offerings
- Identifying all relevant stakeholders
2. External Market Research
- Market Size & Performance
- Price Analysis
- Key Market Trends
- Competitor Analysis & Market Share
- SWOT Analysis
3. Development
- Business Model
- Strategic Roadmaps
- Business Framework
- Action Plans
4. Implementation
- Monitoring of actual implementation
- Recommendations for further improvement
- Fine-tuning based on objectives
1000+ Businesses Grew With Us
“Thank you so much for your hard work and leadership in helping us to navigate through it all. Sincerely appreciated.”
Walter Tarca
President, Forefront Medical
"We worked with Advanced Consultancy for our Business Excellence (BE) framework and it has been fruitful. The professionalism, the assistance and guidance has been most helpful and we couldn’t have asked for a better consultant. They had most definitely helped us in the journey."
Vince Yip
Business Development Manager,
The Floor Gallery
To help How’s Catering stay competitive, we devised new strategies to keep up with the tastes and preferences of both their existing and potential customers.
Achieving Goals Through Transformation
As Crestar expanded their services to serve consumers apart from businesses, we ensured their internal processes and strategies were able to support and serve this new segment of customers.
Looking Into Holistic Growth
While serving their new client base of residential customers, we improved L&L Supplies’ strategic plans and supplier management to increase customer satisfaction and product quality.
Enhancing Strategic Alignment
To help How’s Catering stay competitive, we devised new strategies to keep up with the tastes and preferences of both their existing and potential customers.
Achieving Goals Through Transformation
As Crestar expanded their services to serve consumers apart from businesses, we ensured their internal processes and strategies were able to support and serve this new segment of customers.
Looking Into Holistic Growth
While serving their new client base of residential customers, we improved L&L Supplies’ strategic plans and supplier management to increase customer satisfaction and product quality.