A management consultant is an individual or team of individuals whose expertise lies in helping businesses of all sorts grow and improve their performance by identifying and solving problems within the businesses’ current management system. Management consultants are mainly called in by business owners (clients) when the problems they are experiencing with their current management systems are too complicated for their internal staff to remedy, or when an objective view upon the problem in question is required.
The practice of management consulting involves offering clients expert third party advice, guidance and support. The purpose of this practice is to enhance and improve the business in questions’ performance with the ultimate goal of increasing the overall value of the business. Implementing this practice is perfect for clients who want to steer their management strategies in a new direction, or for clients who are experiencing problems within their current management system, resulting in a hindrance in the growth of their business.
Management consultants such as ourselves provide organisations with process analysis services, operational improvement services, change management assistance and strategy development. More often than not, we also bring our own proprietary frameworks or methodologies into action to help identify problems in a business’ management structure and to serve as a framework for the recommendation of a more resourceful and effective way of working.
Although each project a management consultant undertakes is unique, there are several common characteristics amongst most projects, including taking the following steps to identify problems and provide solutions:
• Investigating the problems the client is experiencing and identifying possible solutions
• Collecting data and conducting research that will help solve the client’s problems
• Using the collected data and research results to build a diagnosis of the problems
• Discussing possible ways to improve the client’s management system and performance
• Providing the client with progress reports
It's not uncommon for a business to struggle with setting up their business management strategies and functions. Oftentimes, developing suitable controls and processes poses a daunting challenge for those organisations who lack the relevant expertise. The negative knock-on consequences on cash flow, finance protocols and other business processes can be damaging.
This is here where the team of management consultants at SumTotal offers invaluable expertise to assist our clients in effecting positive and profitable change in their businesses.
We provide businesses that are experiencing management system problems with all the technical and financial expertise required to formulate and implement effective strategic management systems. We mainly rely on a prescriptive approach, which involves us as experts in the field of consulting giving you as the client expert advice and assistance throughout the process of improving the performance of your business. We can, however, also follow a facilitative approach, also referred to as process consulting, which focusses more on the process of consultation itself.
We cater to businesses both new and established, and should you have existing finance functions in place, we cast an expert eye over the relevant processes to ensure that your business management activities are operating at optimal capacity. SumTotal provides you with a comprehensive review in this regard, giving you peace of mind in knowing that your strategic management systems are functioning unhindered by counter-productive or absent business protocols.
Our finance skills and experience in the management consulting area are unrivalled and also extend to the creation of cash flow management systems, due diligence systems and reviews, and equity valuations. The end result of all these services is a cash flow and strategic management foundation that will stand your business in good stead in the years to come.
Efficient finance and business management practices need not be elusive. SumTotal is at your service to ensure your enterprise functions like a well-oiled machine.
Tel 021 045 0550
Cell 082 045 6904
Office 105 | Suntyger Building | Willie van Schoor Drive | Bellville | 7535