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THE
FOUR KEY AREA
The Company Tune
Up looks at the following four areas. Each of these operational segments
require approximately one day, in units of time configured to the companys
convenience, and the remaining time is spent compiling results for integration
into the final recommendation package.
1. Organization and Financial Overview
Starting with the organization chart, Edge looks at the number of employees
reporting directly to the CEO and the division of responsibilities. Following
this is a thorough review of the financials, including analysis of key
ratios, funding, banking relationships, management reporting systems and
the flow of information.
2. Revenue Generation
Edge examines service and product offerings, customers, the marketplace
and competition. It evaluates the companys strategy and carries
out an analysis that covers the sales organization and compensation structure
along with the effectiveness of marketing materials, public relations,
advertising, direct marketing, trade show activities and Internet strategies.
3. Strategic and Operational Improvements
Every company has things that are handled a certain way because they have
always been done that way. Edge performs an objective analysis of how
the company runs, including an analysis of how service quality and/or
product performance relates to customer expectations. The thrust of this
analysis is the reduction of operating costs by creative streamlining
of operations. Edges recommendations can include anything from combining
departments or changing workflow to a complete reassessment of delivery
mechanisms and product line/services positioning.
4. Cost Reduction Initiatives
A thorough audit and review is taken of the cost profile of the business.
This can be as simple as reductions in such areas as telephone, supplies
and other non-threatening areas or as complex as changes in benefits,
compensation structures or staffing levels.
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