Business Risk
Future-Proofing an Organization
How effective are your strategies?
Michael Porter wrote that company strategy essentially takes three generic forms:
Cost leadership
Differentiation.
Focus.
These are known as Porter's three generic strategies and can be applied to any size or form of business. Porter claimed that a company must only choose one of the three or risk that the business would waste precious resources.
Michael Porter's generic strategies are ways of gaining competitive advantage – in other words, developing the 'edge' that gets you the sale and takes it away from your competitors. He then subdivided the Focus strategy into two parts: 'Cost Focus' and 'Differentiation Focus.'



Identifying Unidentified Risk / Unknown Problems
If something is "Unknown" or "Unidentified" does not mean that it 'does not exist'! One of the biggest risks that an organization may be vulnerable to is the 'risk of unknown/unidentified' a.k.a 'Residual Risk'. The 'Residual' may be substantial if it is identified and assessed properly.
Some of the aspects of your business may require us to provide direct, unimpeded support to C-Suite Professionals and Leaders of your organization. These complex business scenarios encompassed by the Business Leaders may include, but are not restricted to:
Identifying key Informational Needs - Financial as well as Non-financial.
Investing Time, Talent, and Energy in Resources that make a positive impact.
Assessing areas, functions, or processes of your Business that can be Decentralized or Outsourced, yet you retain control over the activities and focus on more important aspects of the business.
Setting key performance indicators (KPIs) to help your business act ethically or invest sustainably.
Similar to above, unearthing the activities or responsibilities where Business Leaders may release the burden off your shoulder by tactfully and strategically Delegating, without compromising control over such activities or responsibilities.
Developing Resilience Strategies and Contingency Plans
Performing Mystery or Surprise Checks, Investigations, and Due Diligence, wherever the need be.







Business Research and Analysis for a Technology Corporation
Requirements: North America’s largest technology (SaaS- Software as a Service and outsourcing) company required an expert to perform research and analysis on their most complex business operational and procedural issues. Every year, a list of issues and key risk areas concerning different departments of the corporation is handed over to our team, by the leadership committee of the organization. Each department leader’s issue may vary. For example, recruitment to employee engagement, or analyzing the reason for inflating costs of operation of certain processes vis-à-vis its benefits, etc. Solution: In response to the above, we:- start by analyzing a function/process leader's issues/objectives, followed by
- interviewing key client stakeholders to develop work plans,
- performing root cause analysis of each of the issues or problem areas, and
- developing recommendations and presenting a customized solution, which supports process/function improvement by gathering industrial best practices.
- Last and most important, facilitate client teams to implement recommendations.
Business Continuity Planning (BCP) with a Real-Estate Developer
Requirements: One of the large real-estate construction companies requires to make huge investments and risks (such as monetary, environmental, social, and political); expected to deliver high quality concerning several regulatory requirements and quality standards, and have to perform within the boundaries of timelines for each project. Amidst the above aspects of the business that requires more prioritization, the business owners didn’t want to neglect the Business Continuity Planning (BCP) for their business. Solution: For this business, we support by:- Preparing a project-based funds/cash flow budgetary analysis for the project period,
- Identifying major cost centers/drivers for each project, and Tracking project costs, progress, forecasts, and completion status with the appropriate team
- Performing variance analyses, facilitating the tracking against budget to ensure cost aligns with funding, and providing early warnings when variances are outside of set thresholds,
- Assessing the robustness of the current reserves, and the need for revision of the reserves funds twice a year through the project period, in a rapidly changing growth environment,
- Last and most importantly, encourage educating all the project managers and corporate functions to consider BCP aspects in their respective roles and responsibilities.
Business Expansion of a Professional Services Firm
Requirements: One of the world’s largest Professional Consultancy giants was considering expanding its operations to a new country. The firm wanted to understand the growth potential in the new market, as they were considering tying knots with a few local firms in that country. Certain types of services provided by that professional firm were mandated by the laws of that country. In other words, many business entities were obligated to take such consulting services because of the legal requirements. Solution: In this situation, we:- Understanding the macroeconomic factors and legal requirements.
- Researching the industrial data and the current level of competition in the market.
- Filtering the information relevant to the area of study and analysis.
- Presenting the research report to the stakeholders for their consideration. We admire businesses that make sustainable decisions.