Eye opening understanding…
FYI takes a fresh look at business, starting with analysis of the customer and supplier base, trends within your business and the marketplace, pricing and margins achieved and running costs. This can create a fresh appreciation of which features of the business truly add value, and which achieve nothing or even destroy value.
FYI then asks fundamental questions about whether there is a better way of using resources to better meet your business objectives. This can lead to a totally fresh approach to the business, manifested in many ways including a fresh approach to sales creation, operations, marketing, investment, financial measures and success.
Often a business will already have useful information, but hidden and unused in minds, documents and data drives just shouting out to be analysed for business improvement. The secret is knowing what is important, and what is not.
It is easy for various business divisions to follow their own course, inadvertently perpetuating inefficiency, and so FYI look at each one and it’s contribution to the whole. In this way great opportunities and tough decisions can be prompted and acted upon.
FYI … Resolute in identifying positive change.