Grow Management Consultants - Strategic Plan - Management Assignment Help

Assignment Task:

Executive Summary

Established in 2010, Grow Management Consultants is a management consultancy company specialising in providing services to companies to assist them to improve the leadership performance of their staff.  Grow Management Consultancy draws on its up-to-date knowledge and skills in best practice leadership concepts to assist clients with leadership performance 

Mission Statement

Grow Management Consultants are committed to promoting individual and organisational leadership excellence. We do this by providing mentoring training, coaching, consultation and program evaluation; offering cutting edge tools, resources and expert advice; sharing best and next practices; leading organizations through the process of creating a leadership culture; and, recognising and celebrating excellence in leadership.

Strategic Priorities 

To be well led, high performing, profitable and accountable 

• Ensure that all financial operations, performance indicators and results support the strategic policies

• Identify new and expand existing sources of revenue, including establishing a training college to offer accredited training in leadership 

• Achieve profits of at least 10% per annum. 

Develop services to meet customer needs and aspirations 

• Increase range of services offered to include change management and diversity

• Plan for and establish an annual conference, starting in 2016. 

• Increase range of e-books commencing with Organisational Change e-book to be published during 2016.

Continue building deeper customer relationships

• Customer-centred practice, with a focus on meeting their total needs for a high quality home

• Strengthen the skills of our people, to better support customers 

• Drive innovation to better meet customer demands 

Attract, engage and develop the best staff

• Continuing the drive to a customer centred, high performance workforce and culture

• Strengthening the skills of our people, to better support customer needs

• Empowering innovation and responsiveness to change

• Continuing to enhance the diversity of our workforce.

• Employing additional consultants 

• Developing our human resources by implementing a formal human resources framework

• Exploring the use of technology in human resources

The Market

The Management Consulting industry has grown weakly over the past five years. Poor demand from downstream markets constrained industry revenue growth, with financial services and resources firms cutting spending on management consultants due to economic uncertainty and falling commodity prices. 

However, businesses using management consultants to introduce new business processes and enhance operating efficiencies have partly offset this trend. Industry operators have also increasingly incorporated analytics into their services, which offer clients greater understanding of their business and clients. Demand for services backed by analytics is expected to contribute to growth of 3.8% in 2017-18.

Research also shows that there is a need for workers to have strong leadership and management skills to support collaborative management, managing teams for a distance, empowering others and business acumen.  Thus the demand for leadership consultancy services is still strong.

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