Strategic Planning and Management Consulting, LLC (SPMC, LLC)
Management Consulting - , ,
Strategic Planning and Management Consulting, LLC (SPMC, LLC) Employees
Strategic Planning and Management Consulting, LLC (SPMC, LLC) Details
Why do Companies Fail?Most corporate crises are only recognized once they become obvious in reduced sales figures or the continuous loss of money. There are internal and external reasons for corporate crisis; the internal causes, however, are often not sudden, but build up until they reach a point where they can no longer be ignored. This point often occurs when a company runs out of cash, does not pay its bills on time, and reduces communication with its stakeholders.The turn-around management survey (TMS) survey reveals that most crises are caused by the mistakes of top management. The most prominent causes of a crisis are that the management continued with a strategy that was no longer working for the company (54.6%), and that they lost touch with the market and their customers and did want to adapt to changes occurring around them (51.6%). Having a clear strategy that is communicated well to all operational areas and uses and builds USPs (unique strategic points), is desirable for every company but is often not the case. Incorrect strategic decisions (39.4%) are often made because of the lack of a clear strategy, and they can have a significant impact on a company's financial position in the market. (http://turnaround-society.com/companies-fail-2014-survey-results/)How can Strategic Planning and Management Consulting help?Strategic Planning and Management Consulting, LLC (SPMC, LLC) provides consulting services, enabling companies to formulate strategies and allocate resources toward developing a competitive advantage and achieving their goals.SPMC, LLC will perform services such as an internal and external assessments, formulating a strategy, communicate the strategy through specific resources, develop an operational plan, execute the strategy, measure and analyze the results, and then monitor the performance.
