Business & Strategic Planning
We start with a detailed and candid assessment of your firm today-organizational strengths and shortcomings, opportunities and obstacles to success. We look deep, to find out what's really happening in the company, and compare your operations-inside and out-to the best and brightest of industry.
Armed with this current state assessment, Delta consultants next collaborate with leadership to craft a rich and compelling view of the company's future, including mission, vision, and core values. We then work to create detailed and action-oriented agendas for execution, for achieving the objective. But we don't leave success to chance-the Delta team works alongside company management, advising, supporting, and coaching the firm as it builds momentum and achieves success.
Comprehensive management assessment and operational evaluations
A business evaluation provides a comprehensive assessment of your company; its way of doing business, its management practices, financial condition, its personnel, and performance to help management identify and address areas that greatly impact the company's profitability and performance. This detailed review assists the contractor in identifying and confronting the challenges of continuing the business profitably.
We custom tailor every evaluation to your needs. As part of an assessment a plan for success for your company, we can look at any or all of the following areas:
- You
- Your Organizational Structure and staff
- Strategic Planning
- Marketing, Business Development and Sales Promotion
- Human Resources Management
- Job Cost, Accounting & Information System
- Budgeting and Expense Control
- Cash Management
- Surety and Banking Relationships
- Purchasing and Material Management
- Pricing, Budgeting and Overhead Allocation
- Planning For Growth
- Planning For Survival
Turning Around Unprofitable Companies
Turnaround strategy enables senior managers of underperforming companies to understand the critical causes of poor results, in order to stem losses and restore growth. A well-crafted turnaround strategy leads clients to quickly achieve their full potential. Typically, this involves removing costs, restructuring finances and redefining strategic objectives. Turnarounds often call for building a stronger management team or in some case, devising an exit strategy.
Delta's broad experience with turnarounds has led quick, focused approach, which begins with a strategic review of each division, branch or the entire organization. In this economy, we can't assume that the existing organization should be preserved or that revenue should be protected at any cost. Frequently, effective turnarounds require that clients hire a new management personnel or shrink operations to regain profitability.
Delta doesn't recommend across-the-board cost cuts or the elimination of all discretionary spending. You've likely already considered that. Instead, we investigate where and how a company can quickly redefine itself, preserving and focusing on areas with the highest margins and best opportunities, and abandoning areas which no longer contribute. It's not easy; it's not fun, but an objective, honest, experienced; outside assessment is often your best and only chance. Our work is focused on your biggest issues and the best way to get results.
Budgeting, Overhead, and Pricing Strategies
In today's economic times, it's more important than ever to have a handle on your costs, what areas of your work have the highest margins, and what additional ways there are to cuts costs and improve margins. Often times, client's own internal assessment of where they are making money is outdated, or just plain incorrect. And how do you know what to charge, if you don't know what your costs are?
That lack of knowledge and those costly mistakes are sometimes fatal in today's marketplace. Without a thorough evaluation of your budgeting, overhead, and pricing strategies, it's like driving down a dark road without your lights on.
Delta has performed this service hundreds of times for clients of all sizes. Our analysis, assessment, and quick focused plans of action help contractors immediately change course, and focus on areas that can help them prosper or survive in today's economy.