Our Profit Growth Consultants are dedicated to making your business the best it can be. Consulting Unternehmensberatung für den Mittelstand: Contact one of our Profit Growth Consultants with many years of proven expertise and remarkable track record to assist your company to take business operations to the next level resulting in a significant growth in profits.
Management consulting includes a broad range of capacities, capabilities and skill sets, and the many companies and their consultants often define these principles quite differently. One way of categorizing a consultant's activities is in the form of the consultant's area of expertise such as operations management, data analysis, market research, brand positioning, strategy, or human resources. But in reality, as many variations exist within these categories as the number of categories itself. There shouldn't be any silo thinking so that the entire human capital is aligned and cohesive geared towards and consistently working on closing the gap between the current situation and your company's target.
The Profit Growth Consultant’s role regarding implementation of his own advice is subject to a remarkable discussion in the consulting industry. One could claim that a consultant who assists to implement his own recommendations takes on a much wider responsability that exceeds the one of a profit growth consultant and might even be at risk of conflict of interest. Others reckon that not helping with putting everything into effect can only be construed as non-professional because the risk of missing out on potential realistic additional profits comes close to 100% if the recommendations are not or badly implemented as they normally should be. Besides there are workarounds for the consultant without having to take on the manager's job in charge of implementation, e.g. outsourcing to an independent specialist or freelancer who just gets these things done and implemented.
Offering Value Added Services Can Increase Your Profit Growth
Typically entrepreneurs tend to give Profit Growth Consultants complex issues to find solutions for. For example, a client might wish to find the answer to the question looping in his head whether or not to invest into a new component, enter a joint venture, implement or build a new sales funnel or add further marketing channels. Or the business owner may ask how to restructure procedures and organizing principles so that change management becomes more agile in challenging times and changing environments with new rules, or which traffic sources to adopt in advertising; or what the most practical solution exists for an issue like high cart abandonement, high bounce rates on websites or landing pages, low customer retention, stagnation in lifetime customer value, low email open rates or whatever.
The Untold Secret To Mastering Profit Growth In Just Eight Weeks
The engagement with Profit Growth Consultants typically concludes with a presentation and written report which summarizes the action steps in detail the client should implement to move the needle. We devote a great deal of effort to putting those reports together in such a way that the starting point is clearly defined and presented as such and the recommended implementations are convincingly related to the analysis on which they are based. The mandate can be construed as fulfilled when the profit growth consultant presents a consistent action plan containing a sequence of steps designed to solve the diagnosed issue or improve something that has been working to a certain extent. The Profit Growth Consultant recommends and the entrepreneur implements.
The Untold Secret To Mastering Profit Growth In Just Eight Weeks
Bear in mind that a sales process is different from a sales methodology and sales funnels are different from sales pipeline. While the process is a top down perspective of the steps to be completed in a sale, the methodology involves the approach a salesperson or sales automation takes in executing these steps. There are a variety of sales methodologies your sales managers in control of your marketing platform can deploy, including but not limited to multi channel marketing, hyperlocal marketing, interruption marketing, behavior based marketing, problem-solution method, consultative selling, inbound marketing and various advertising methods.
Chances are that the most common factor for seeking advice is to gather information. Compiling this information may involve fact-finding tools, customer surveys, split-testing, adding follow-up sequences, leveraging and increasing automation in the sales process, implementing behavior based marketing, thinking outside the box, etc.. The entrepreneur may want the Profit Growth Consultant's special expertise and latest proven sales process innovation he can implement in the sales pipeline of his business. Another driving force for hiring a Profit Growth Consultant might be that the company is not capable of doing it on its own or simply just does not have the resources in terms of time, money and manpower to develop everything internally.
The Five Step Blueprint For Accelerated Profit Growth
The engagement with Profit Growth Consultants typically concludes with a presentation and written report which summarizes the action steps in detail the client should implement to move the needle. We devote a great deal of effort to putting those reports together in such a way that the starting point is clearly defined and presented as such and the recommended implementations are convincingly related to the analysis on which they are based. The mandate can be construed as fulfilled when the profit growth consultant presents a consistent action plan containing a sequence of steps designed to solve the diagnosed issue or improve something that has been working to a certain extent. The Profit Growth Consultant recommends and the entrepreneur implements.
You must be able to track the changes you implement. Otherwise you have no way of determining whether or not the changes made have been effective. Identify which key performance indicators affect profit growth, then dedicate resources to those areas and scale while permanently monitoring everything. Refrain from comparing historical and current data, this just isn’t happening under the same conditions. Do splittesting instead for valid data.
Bear in mind that a sales process is different from a sales methodology and sales funnels are different from sales pipeline. While the process is a top down perspective of the steps to be completed in a sale, the methodology involves the approach a salesperson or sales automation takes in executing these steps. There are a variety of sales methodologies your sales managers in control of your marketing platform can deploy, including but not limited to multi channel marketing, hyperlocal marketing, interruption marketing, behavior based marketing, problem-solution method, consultative selling, inbound marketing and various advertising methods.
Offering Value Added Services Can Increase Your Profit Growth
Management Consulting is in the mature stage in terms of life cycle. Instead of developing new services the main key players focus on efficiency improvement. Technological change contributes to that.
Most businesses have poor track records achieving massive change, and often the fact of introducing an outside consulting service becomes part of the problem, rather than part of the solution. We build research, engagement, overview and interaction into the process so that the entrepreneur will actually want to implement the changes that are proven to move the needle.
We as Profit Growth Consultants like to leave behind something sustainable ready for all times to come. This means not only enhancing clients’ ability to scale a dialed in and optimized process but also helping them learn organizing principles required to cope with future challenges.
Selling universal effectiveness is part of each step. Whilst taking note of a client’s worries about one department, the Profit Growth Consultant ought to relate them to what’s happening at other places in the company. While focussing on daily matters, he or she has to additionally think about potential future issues. When "downloading" managers’ concerns why profit growth is tough to achieve, the Profit Growth Consultant should also be vigilant for obstacles that may occur throughout the consulting process. Like this the profit growth expert contributes to average effectiveness through addressing instantaneous issues with sensitivity within the bigger picture and context. Entrepreneurs should not conclude that the Profit Growth Consultant is just after maximising his own profits by raising wider/more open questions. The Profit Growth Consultant is in charge to moderate and lead the entrepreneur through this journey so that targets will be met, no matter how. By interacting with the entrepreneur he/she has the chance to finally speak out those things that have been looping around in his/her brain for so long without any solutions so far. This is the pattern the Profit Growth Consultant has to break.
Winning Tweaks For Profit Growth
While many consulting services and firms have come up with best practices advising clients on strategies to leverage the latest technological trends, few consulting companies apply this to themselves. We do walk the talk and in opposite to most other consulting firms we do not charge you by billable hours, billable days but a fixed price per milestone instead. Once we reach the target the growth in profit will make our fee well worthwhile.
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