At Grant Thornton Sweden we consider business management to be a continuously evolving process. The process ought to be updated as the surroundings change and as the company's conditions evolve. We can help our customers in this process, called Business Performance Management.All companies should have a continuous evaluation of their activities and reflect about possible ways to develop their business. Our management consultants can identify your company's specific situation and with our experience and competence we are able to contribute in your development. A more efficient and effective business management and a more reliable external and internal reporting are some of the outcomes of our work.
Strategic Planning
"Setting out the right strategic direction for your company is the beginning of success...".
Our consultants analyse the company's strategy to evaluate what creates the foundation for its activities. We can help companies with;
- Strategic position evaluations
- Strategy formulation
- Scenario analysis and option evaluation
- Communication and structured guidelines
Business Planning
"Plan, prioritise and carry out the right activities..."
A company's strategy is broken down into detailed business plans. We can assist companies in creating business plans or evaluating existing ones. More precisely we can:
- Convert strategies into measurable objectives
- Prioritise tactical projects and activities
- Optimise and implement a financial function
- Document and inform through routines and standards
Budget and forecasting
"What is measured is also carried out..."
As the strategy and business plan is formulated, theory has to be translated into practice. In order to monitor the company's objectives and critical success factors a budget or a similar measurement tool is to be implemented. For our customers we can:
- Translate business plans to budgets or to other types of measurement analysis and control e.g. scorecards
- Set long term financial targets
- Increase the efficiency and effectiveness of the processes
- Provide system support
Consolidation and reporting
"Efficient and correct information management...".
The foundation for efficient and effective reporting includes recognising what kind of information various recipients needs. Statutory regulations, correctness and timing are also important factors to consider. At Grant Thornton we are used to provide:
- Documentation through a financial manual
- Reporting structures
- Statutory and operational reporting
- Deviation and sensitivity reporting
- System support
- Efficiency improvements in reporting processes
Analysis and follow-up
"Decision making based on appropriate reporting...".
The foundation for proper decision making should not only include information from income statements and balance sheets, but also focus on the future. The analysis should include a follow-up of the company's strategic objectives and operational focus. Grant Thornton is at your service with:
- Creation of proper financial ratios
- Benchmarking and best practice comparisons
- Product and client profitability analysis
- Cost and income analysis
- System support
- Building of incentive programs
Experienced consultants provide adaptive solutions
Grant Thornton has experience from a wide range of industrial sectors and companies. Our co-workers have worked with evolutionary projects both in internal functions and as consultants. Our experience gives you as a customer, efficient and targeted solutions based on your specific needs.