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BSBADM506 Resources Assessment Task 2 - Strategic Plan Text
BSBADM506 Resources Assessment Task 2 - Strategic Plan Text
Strategic Plan
2018 - 2020
Welcome
Paul Burns
CEO
Grow Management Consultants
Executive Summary
Established in 2010, Grow Management Consultants is a management consultancy company specialising
in providing services to companies to assist them to improve the leadership performance of their staff.
Grow Management Consultancy draws on its up-to-date knowledge and skills in best practice leadership
concepts to assist clients with leadership performance
Mission Statement
Grow Management Consultants are committed to promoting individual and organisational leadership
excellence. We do this by providing mentoring training, coaching, consultation and program evaluation;
offering cutting edge tools, resources and expert advice; sharing best and next practices; leading
organizations through the process of creating a leadership culture; and, recognising and celebrating
excellence in leadership.
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Strategic Priorities
To be well led, high performing, profitable and accountable
Ensure that all financial operations, performance indicators and results support the strategic
policies
Identify new and expand existing sources of revenue, including establishing a training college to
offer accredited training in leadership
Achieve profits of at least 10% per annum.
The Market
The Management Consulting industry has grown weakly over the past five years. Poor demand from
downstream markets constrained industry revenue growth, with financial services and resources firms
cutting spending on management consultants due to economic uncertainty and falling commodity prices.
However, businesses using management consultants to introduce new business processes and enhance
operating efficiencies have partly offset this trend. Industry operators have also increasingly incorporated
analytics into their services, which offer clients greater understanding of their business and clients.
Demand for services backed by analytics is expected to contribute to growth of 3.8% in 2018-20.
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Situation Analysis
Strengths Weaknesses
Value and quality Brand name not developed as yet
Customer loyalty
Opportunities Threats
Leadership skills in demand High level of competition
Marketing Strategies
Our marketing strategies aim to:
build our brand
generate leads now
help to convert those leads quickly
form ongoing relationships and referrals
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Operational priorities
Design and develop a monthly newsletter to send out to all clients (Responsibility: Principal
Consultant; Timeline: newsletter to be in operation by September 2017)
Create a blog page on web site to provide regular latest news (Responsibility: Principal
Consultant; Timeline: immediately)
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