Embed Size (px)
DESCRIPTION
Business Analytics
Citation preview
Advisory Services
from cdms
Management Advisory Services
In this Presentation…(You may please click on the links below or continue viewing in sequence)
• Business Analytics• Business Process Management• Risk Management• Why us?• Contact us
Press esc to exit
Business Analytics
Our Consulting and Advisory Services
Support in• Data visualisation
• Data analysis and interpretation
• Basic analytics
• Higher order analytics
Examples• Graphs, Charts and Dashboards
• Drawing inferences and insights
• Statistical Analysis and Descriptive Analytics
• Diagnostic Analytics, Predictive Analytics and Prescriptive Analytics
Business Analytics
Data Visualisation, Analysis and Interpretation
AimTo help the top management and other personnel to view Performance Parameters in an appealing visual format to enable deeper analysis and interpretation
Approach• Identify most appropriate visual presentation tools for data in hand• Identify most appropriate software for visual depiction• Lay down processes for collection and processing of data• Use the identified software to visually present the data• Facilitate drawing inferences and insights from the data through effective
analysis and interpretation of data
Benefits to the Organisation• More appealing and easy to interpret data presentation methods• Customisation of visual reports• Effective decision-making
Business Analytics
Basic AnalyticsAim
To provide top management and other personnel with basic analytics information based on available data
Approach• Identify gaps in information needs for effective decision-making• Identify most appropriate statistical measures that will fill this gap• Identify most effective analytical tools that will enable effective decision-
making• Apply the statistical measures and analytical tools to process the data and
present the information
Benefits to the Organisation• Most appropriate descriptive analytics • Effective decision-making
Business Analytics
Higher Order AnalyticsAim
To provide top management and other personnel with higher order analytics information
Approach• Identify gaps in use of available data that could lead to profit maximisation• identify advanced statistical measures and other tools to fill this gap• Apply the statistical measures and tools to process the data and present the
information
Benefits to the Organisation• Leveraging available data for maximising profits
Business Analytics
Business Analytics - Our Framework
Business Environment
Top Management
Vision
Integrated Systems Realtime
Anlaytics
Decision-making Support
Cost Effective
Simple but Effective
Ease of Implementation
Basi
c E
ssen
tials
Esse
ntial
Fe
atur
esGu
idel
ine
s Operational Needs
back
Business Process Management
Our Consulting and Advisory Services
Support in• Process Design• Process Mapping• Process Improvement• Process Automation
Examples of Business Processes
• Process for purchase of materials• Process for capital expenditure• Disbursement of salaries• Recruitment of personnel• Performance appraisal• Approving credit limits for
borrowers (banking operations)• Preventive maintenance• Submission of returns to
authorities
Business Process Management
Process DesignAim
To help the organisation to achieve its business goals by defining well laid out processes
Approach• Study various operations in the organisation• Interact with personnel in the organisation to identify the various steps
involved in the different operations• Come up with a suggested sequence of steps for each of the operations• Validate the same with the personnel• Support the personnel in experimenting with the processes arrived at• Review the processes for their suitability• Formalise the processes and implement them
Benefits to the Organisation• Well laid down processes help in
• streamlining operations• optimising costs, effort and time• achieving business goals through optimum processes
Business Process Management
Process MappingAim
To map all existing processes to process manualsto help in strict adherence to processesto enable new users to learn, understand and adapt to processes quicklyto strengthen process driven culture
Approach• Study existing processes• Conduct one-to-one interviews with users regarding the processes and
adherence to processes• Compare the desired steps in the processes
Benefits to the Organisation• Updated Process Manuals help in
• better adherence to processes• lesser deviations from processes• new users adapting to processes faster• providing a base for further improvements
Business Process Management
Process ImprovementAim
To correct mis-alignment, if any, with business goalsTo enable identifying non-value adding steps, if any, and to enable lean processesTo enable cost and time reduction, as a continuing initiative
Approach• Review existing processes• Suggest improvements• Support in implementing improvement initiatives• Review post-implementation improvements• Take corrective steps
Benefits to the Organisation• Streamlining of processes to achieve business goals• Optimising cost and time in achieving business goals
Business Process Management
AimTo reduce process timeTo release manpower for more productive workTo reduce costTo ensure improved solutions to address business needs
Process Automation
Approach• Identify processes that are amenable for automation• Identify appropriate automation solutions• Support in implementing automation of processes• Test the automated processes for their effective functioning• Suggest corrective steps as may be required
Benefits to the Organisation• Automation saves time, effort and cost• It releases manpower from the routing of mundane operations for more
productive work• It improves the productivity of personnel• It improves efficiency of operations• It provides better control over deviations from defined processes
Business Process Management
Process Management - Our Framework
Internal Guidelines
Top Management
Vision
Operating Personnel
Perspective
Integrated Technology
Integrated Internal Controls
Integrated Risk Mgt
Measures
Cost Effective Lean User Friendly
Basi
c E
ssen
tials
Esse
ntial
Fe
atur
esGu
idel
ine
s
back
Risk Management
Our Consulting and Advisory Services
• Designing & Developing Risk Management Framework
Risk Management
Design& Development ofRisk Management Framework
AimTo help the organisation to design, develop and implement a comprehensive, enterprise-wide risk management framework
Approach• Conduct sessions for the top management and senior management personnel
on essential elements of risk management• Conduct sessions with the concerned personnel to identify risks in their
respective functions, define acceptable and unacceptable risks, identifying and designing appropriate risk mitigation measures, designing a proactive, real time risk reporting framework and designing a suitable periodical review mechanism of risk management policies
• Support in implementing the risk management policies evolved
Benefits to the Organisation• Well laid down risk management policy help in
• Identifying risks on time• Reporting risks on real time basis• Mitigating or preventing risks
Risk Management
Risk Management - Our Framework
Statutory Directives
Top Management
Vision
Proactive and
Real-time Risk
Assessment
Robust Risk Mitigation
& Prevention Framework
Reporting Framework
Cost Effective
Lean but Comprehensive
Ease of Compliance
Basi
c E
ssen
tials
Esse
ntial
Fe
atur
esGu
idel
ine
s ISO Standards (optional)
back
About Us
Why Us?
• All our consultants have several years experience in their respective fields and/or in related fields
• All our consultants are professionally qualified• Our consultants bring a cross-functional
approach to a consulting assignment, where applicable
• Most of our consultants also teach at leading management institutes
Profile of Principal Consultant
• R. Ravi Sankar– He is a qualified Company Secretary and a Cost
Accountant with a M.S. Degree in Management Systems– He has over 34 years experience
• 22 years in manufacturing and financial service industries in different functions at senior levels
• Over 14 years experience in training and consulting field– He teaches at management institutes like IIM – K, Great
Lakes Institute of Management and othersback
Contact Details
Please Contact
R. Ravi Sankarcdms
Management Advisory Services
G1, Subha Sree, 60, 7th Avenue, Ashok Nagar, Chennai 600 083
Mobile 98402 92866 Landline 2489 8691Email : [email protected]
Website : www.mgrlskills.comback
