Challenges
The reason that Management & Systems Consultants have evolved is because of the basic difference between the skills required to become an entrepreneur and the skills required to manage a business. This difference is again the reason of the existence of so many challenges a business faces during the various phases of its business life cycle.

The Management & Systems Consultancy Services Portfolio of The Consulting Professionals assists you in addressing these challenges efficiently and effectively so that you can concentrate on your core competency while taking our assistance to pursue measures to build performance capacity which together will unleash growth opportunities.

At The Consulting Professionals we have organized these business challenges that you face into the following broad business functions:
Core Competency Management Finance Management
Human Capital Management Supply Chain Management
Customer Relationship Management Governance Risk & Compliance Management
Technology Management
Core Competency Management
This is the area where the entrepreneur is probably going to face the least challenges. Every business is started by an entrepreneur because he has some business idea which he wants to capitalize on, it can be the manufacturing of a product or distributing/retailing a product or providing professional services. This product/service emerges out of his core competency, something which the entrepreneur is very good at and hence wants to make money by capitalizing on his core competency.

An illustrative list of the challenges one is likely to face in this business function during the various phases of the business life cycle are as follows:

  • Conceptualizing the business idea
  • Development of the Startup business strategy
  • SBU Planning & Development
  • Production Strategy
  • Diversification Strategy
  • Business Succession Planning
Finance Management
Finance is the life-line of any business and traditionally has been the barometer of the organizational performance. Traditionally businesses have to be considered by the money, for the money and of the money, which now is changing. However, the importance of finance still remains and not everyone can be equipped with understanding this so important business function.

An illustrative list of the challenges one is likely to face in this business function during the various phases of the business life cycle are as follows:

  • Startup Funding
  • Working Capital Management
  • Short Term Funding
  • Long Term Funding
  • Project Financing
Human Capital Management
This business function has never been so important traditionally, however, in the todayís business environment, businesses have started realizing the importance of its people and hence have started recognizing their people as their capital and not resources.

An illustrative list of the challenges one is likely to face in this business function during the various phases of the business life cycle are as follows:

  • Organization Structure Management
  • Organization Sizing
  • Talent Acquisition
  • Talent Retention
  • Goal Congruence
  • Succession Planning
  • Organization Development
  • Compensation Planning
  • Organization Culture Cultivation
  • Grapevine Management
Supply Chain Management
Supply chain forms a major part of the costs and hence globally this business function is under high pressures of optimizing performance.

An illustrative list of the challenges one is likely to face in this business function during the various phases of the business life cycle are as follows:


  • Supply Chain Network Management
  • Centralization/De-centralization of supply chain
  • Purchasing/Spending Strategy
  • Production Strategy
  • Inventory Strategy
  • Pricing Strategy
  • Logistics Management
Customer Relationship Management
Since long, we have been experiencing that it is a Customer Era and hence managing the relationship with your customer has become utmost important in order to maintain a continued stream of revenue. The stakes are so high in this business function that it can result in closure of businesses as even if you have a brilliant business idea, if you do not have someone to buy it, there remains no business.

An illustrative list of the challenges one is likely to face in this business function during the various phases of the business life cycle are as follows:

  • Brand Management
  • Corporate Identity Management
  • Sales & Marketing Strategy
  • Loyalty Management
  • Market Share Management
  • Product Scope Management
  • Diversification Strategy
  • Internet Commerce & Web Presence
Governance Risk & Compliance Management
Given the global business environments and the Relationship Era of the business, this business function has emerged as being the most challenging to many corporates.

An illustrative list of the challenges one is likely to face in this business function during the various phases of the business life cycle are as follows:


  • Corporate Governance Modeling
  • Business Process Management
  • Development of Internal Control Systems
  • Legal Compliance
  • Inherent business risks management
Technology Management
In the light of ever increasing use of technology, an effective and efficient use of technology has become quite imperative, especially given the various risks one becomes vulnerable to because of the use of technology.





  • Right Sizing the technology stack
  • IT Strategy alignment with business objectives
  • IT Infrastructure Management
  • Choosing the right Technology
  • Managing Technology Programs
  • Optimizing IT ROI
Copyright © 2009, The Consulting Professionals, All rights reserved.