Despite the tremendous support of the Banking Sector for Restructuring the Debt and extension of further Financial supports, there are many Entities which are not able to turn around the failing performance, primarily on account of gap of introduction of efficient management comprising of professional people, dynamic Processes, Risk Management tools, adequacy of Technology, Financial Discipline and Marketing efficiency across all the Functions of the Company by the promoters.
For Banks, we provide:
Once, key accounts for SDR are evaluated, identified and approved by bank, we provide key services as follows :
- A Potential Recovery Study and Analysis of the current Non performing Accounts of the bank so as to identify the potential candidates for SDR.
- To align the Entity and Operations in line with Banks interests and going forward business direction,
- Complete Risk assessment of existing level of business operations to identify the gaps and weak areas within the Entity and devise mitigation strategies towards requirement of People, Process, Technology and structural changes.
- To formulate going forward business Strategy and Operating plans, and set up and define short term and long term goals and key milestones.
- We can provide expertise to enhance the Top line by working out Go to market Strategy, provide Competition Mapping tools, reengineer Sales structure and strategy to enhance the spectrum of Sales , work out Pricing and product plans and strategies to widen the demographic reach, and evaluate new markets, customers, and develop and implement plans to capture the same.
- Strengthen the existing Top Management team by providing Professionals with very high level of expertise in specific functions like Finance, Marketing, IT, Technical, logistics, HR, and other key areas. Further we can support the management team by providing operational team of young professionals who will bring in the requisite dynamism within the working environment.
- Evaluation of the existing processes and policies to define the gaps and carrying out existing processes reengineering, introduction of new processes and procedures to optimize the operations and weed away the gaps, and further enhance the complete system by introducing 6 Sigma rigour to the processes, and implement a well structured Internal Control Environment (ICE).
- Introduce Cost control measures, processes and analytical tools to eradicate any wastage and avoidable losses being incurred by the entity.
- Bring in complete fiscal discipline to have evolved controls on Cashflows, Authority Matrix for clarity on responsibility and top down authority structure, Cost optimizations, procurements, and other key parameters.
- Evaluate the logistics spectrum and introduce and implement a well structure procurement , Inventory management, logistical tools, keeping in view the Costs, pricing, an sourcing parameters.
- Introduction of Technology tools to support the current level of operations and bring efficiency in the decision making and operations to bring the Entity competitiveness at par with Global standards .
Having considered all the above, the final objective being to bring the Entity out of its existing challenges and make it robust operations over the strength of Quality and efficiency in terms of People, Processes, Structures, and enhance the Valuation parameters of the Entity.
We can further assist the Bank in finding a suitable buyer for the Entity leveraging on the Optimisation activities carried out as mentioned above to enhance the Valuations of the Entity, thus providing the Bank with a profitable exit.