Advali’s Business Advisory Framework

about_phone-29bef0

Four key pillars: Analysis, Strategy, Process, and Leadership

At Advali, we provide business advisory services based on a framework built around four key pillars that every business must deliver on.

Financial Analysis

We know how to quickly assess the performance of your business so you can work on improving owner/shareholder returns.

Strategy Development

Without a clear sense of direction, it’s difficult to plan for the future, gain commitment from employees, measure success, and assess risks.

Process Mapping

A lack of processes, or the inability of the processes to keep with up with growth, can either bring down a business or lead to inefficiencies and/or lost revenue.

Leadership

Developing leadership capabilities and, more importantly, emotion intelligence is crucial in building an engaged workforce.

Financial Analysis

Pillar one is financial analysis. This provides you with an understanding of the performance of your business. It will help you identify those areas that need further attention, or a deeper analysis, and those areas that are contributing to the success of your business.

What key areas are driving your performance?

It’s vital that you consistently monitor the financial performance of your business and the factors driving the value of your business. We can do this by measuring certain financial metrics to ensure your business is maintaining, or improving, its performance. The other key area is operational data – in this day and age there is a plethora of data at hand, but many of us make the mistake of trying to capture too much data. Yes, the more data you have the more likely you are to make a more informed decision. However, there comes a point where you can access too much data; which you spend more time collating than analysing. Again it comes back to your strategy. What are you trying to achieve and what data do you need to help you succeed in achieving your strategy.

Strategy Development

The second pillar is strategy, which is built around the strengths/weakness of your business as identified in the financial analysis section. Setting some clear strategies is important to provide clarity and direction for your business; however, setting too many strategies will limit the focus and commitment to a common purpose.

What is your business’s purpose?

Businesses will usually set a long term strategy (3-5 years) and will have a document containing 50-100 pages outlining this strategy. However, very rarely does this document get referred to on a regular basis and it often becomes more of a business requirement than a business tool. This is why we strongly recommend developing what we call a “strategy on a page”; which outlines up to two key strategies for the next year. This is a document that can easily be referred back to on a regular basis to help focus attention on specific strategies which should, ultimately, contribute to the overall long term strategy you set for your business.

about_phone-29bef0

Process Mapping

about_phone-29bef0

Pillar 3 is process mapping, which is important to have in place as it provides consistency and clarity for your staff. Having good clear processes in place can make such a difference to the financial performance of a business as it minimises inefficiencies, lost revenue, and mistakes.

What processes do you have in place?

A significant number of business failures are a result of either a lack of processes, or the inability for the processes to keep with up with growth. Feeling overloaded, or stressed, is usually an indication of either having insufficient process in place or having too many overbearing processes. Being too overburdened with processes can bring down a business, which is why it always comes back to having an appropriate strategy and being clear about what you are trying to achieve?

Leadership

The last pillar is leadership, which holds all the other pillars together. Without strong leadership the other pillars will never be as successful as they could be. Leadership impacts everything you do in business and much of leadership comes down to emotional intelligence. In fact, the higher your role in a business the more important emotional intelligence becomes and the less impact cognitive intelligence and technical skills has on performance.

The higher you go the more important emotional intelligence becomes

Learn how we can help you enhance your emotional intelligence through our equine facilitated leadership programs.
Learn more

about_phone-29bef0

Contact Us