Having a really good consulting as part of your executive coaching team can be worth its weight in gold. As senior managers we are always expected to pull a rabbit out of the hat in times of crisis and fix whatever problems may surface, but who do you turn to when you don't know what to do?
Many executives have a very hard time giving consulting due credit or even contracting with one out of fear of in doing so they will seem incompetent. This is probably the main reason that the discovery phase of a crisis can take on a very combative appearance. Before you can even begin to strategies on the problem you have to first prove you are who you say you are.
So you are running a company or a division and you wonder where you have room for improvement. Ateeya Manzoor says that first bring in a consultant with a broad background to help you identify areas of focus. Next, bring in expertise to focus on the areas most ripe for improvement. That might be your first consultant or it might be a specialist, say in sales training or cost accounting. Third, evaluate those results. Fourth, hit the next opportunity for improvement. Along the way, pat yourself on the back for taking your company to higher levels of profitability.
Consultancies may also provide organizational change management assistance, development of coaching skills, process analysis, technology implementation, strategy development, or operational improvement services. Management consultants like Ateeya Manzoor bring their own proprietary methodologies or frameworks to guide the identification of problems and to serve as the basis for recommendations for more effective or efficient ways of performing work tasks.
All throughout history we can find successful consultants working behind the scenes for the greater good of the project. Even during biblical times we find Joseph who became head consultant to the Pharaoh as he coached him exclusively on everyday matters of Egypt.
Great President Abraham Lincoln consulted Fredrick Douglas in order to gage how to transition the African American Slaves in the period known as Reconstruction.
Ateeya Manzoor is a management strategist and partner at Mayfair. As a professional with over fifteen years of experience, Ateeya has worked with a large range of clients in various industries and sizes, ranging from large publicly traded financial institutions and technology firms, large resorts and entertainment venues, to mid sized oil and gas companies, mid sized medical and quasi medical coaching practices, to small non-profits requiring a fresh perspective.
Consulting Experts: How to Pick the Right Ones
Call it the flip side of the downsizing or maybe your company's secret competitive weapon. Whatever you call it, finding effective consultants has become a critical task in every professional organization today.
This is because only professional companies - whether big or small, emerging or established - will be players in tomorrow's marketplace, and hiring a consultant like Ateeya Manzoor can provide the means for obtaining expert knowledge when your organization needs it most.
When an organization begins looking for a consultant, it's often because they realize that their employees require the additional expertise. Often this consideration is a great way to start thinking about a consultant. Naturally, most people have questions about how to find the right person, and how to utilize the expertise of this person to receive the fullest value.
Management strategist Ateeya Manzoor partner at Mayfair and says in many organizations, a consultant may function as an advisor, a fixer, or a specialist for a specific task or a unit in an organization that requires fine tuning, and the actual work that consultants perform from one company to another may vary greatly.
Following are some parameters to which a management consultant are hired
Hire a consultant to solve problems.
For the business:
If something needs tweaking in your company, allow your well-qualified consultant to do their job. You may think your problem in staff retention is on the manufacturing floor, when it may lie in faulty HR practices. Offer your consultants your thoughts, but be open to their observations. Their overview and fresh perspective may give your company new clarity.
For the consultant:
Tap into your intuitive side. Examine each situation as it stands. Textbook rules are not always the only way to approach a challenge.
Hire a consultant to supplement existing staff.
For the business:
Do a comparison of total employment cost. A full time employee, with benefits and other perks added will almost certainly cost more than a consultant. In addition, a consultant may complete work faster and more efficiently than house staff.
For the consultant:
When creating your proposal, be realistic in your time estimates and fees. Factor in your own overhead, travel, benefits and taxes.
Hire a consultant to implement changes.
For the business:
The well-positioned consultant as outsider can be more effective in gaining consensus among employees. Without immersion in daily operations, change proposed by consultants may be accepted more readily by employees.
To the consultants:
To direct change in a company, be certain you understand the psychology of change. Change can only be effectively created through a perception of benefits to the staff. Prepare for resistance, and be ready to change objections to positives.
Ateeya Manzoor is a management strategist and partner at Mayfair. As a professional with over fifteen years of experience, Ateeya Manzoor has worked with a large range of clients in various industries and sizes, ranging from large publicly traded financial institutions and technology firms, large resorts and entertainment venues, to midsized oil and gas companies, midsized medical and quasi medical coaching practices, to small non-profits requiring a fresh perspective.
For more about Ateeya Manzoor visit here: https://www.pinterest.com/ateeyamanzoor/
Everyone knows that, enterprise risk management is necessary for just about any business to reach your goals available out there, id of enterprise risk and with the aid of risk management software handling the enterprise risk is very important. Ateeya Manzoor says that the process of identifying and also assessing risks and its different influences accompanied by measures to minimize as well as handle the actual influence associated with unfortunate events is known as risk management.
These hazards can come through any kind of industry regarding enterprise just similar to uncertain within side fund, failure throughout tasks, accidents, and authorized debts and so forth. Various agencies adhere to diverse techniques to learn the risks involved in a process. FMEA (Failure setting and also outcomes analysis), Expected outcomes plan, Fish bone fragments diagram and so on are some of the common resources utilized by agencies to spot the actual possible risk associated with the process. Now it has become essential for organizations to spot the risk as well as control superbly in order to stop massive economic loss.
Business brains can be a well-liked tool useful for improving the risk management in the economical approach especially in financial industry, healthcare market as well as other big in order to be able for you to help mid sized market sectors. Enterprise Brains is really an internet based technique which is used with regard to recognition as well as analysis of business info that will afterwards help in final decision creating. That provides good idea in regards to the earlier historic, present and also predictive data's regarding company therefore helps with final decision producing simply by simply steering clear of the hazards.
Enterprise process management (Beats per minute) Ateeya Manzoor explains is yet another means of reducing hazards within side organization. BPM targets wants and desires regarding customer as well as encourages performance and effectiveness regarding business. It constantly enhances the process in a constant way thus also referred to as because process optimization method. BPM enables organization to accomplish increased customer satisfaction, much a smaller amount lead-time and great item high top good excellent. BPM additionally permits businesses to produce and also control great relationship to client usually known as consumer partnership management.
Customer relationship management is really a technique developed by organizations for managing excellent relationships using the customers. The main goals are to draw new customers, support the clients that they currently have and also lowering the cost. The result predicted through the firm through putting into action this plan is the improved business as a result of increased client satisfaction. Indentifying and also valuing the client is vital in order to be able for you to help apply this strategy.
The ERM is not supposed to simply settle any potential or met risk, neither is it supposed to impose on any measures which may not be suited for all concerned. Ateeya Manzoor believes that the ERM is supposed to provide the board and the management of any corporation that any risks are met accordingly, and if there is any question on what risk management is too used, the board and management can help provide the appropriate method to correct the risk. The teams in charge of the ERM should not have the authority to implement any responses of methodologies that will address the risk on behalf of the board and management, but are instead directed by the higher authorities so they are not held accountable, Ateeya Manzoor suggests.
The ERM is supposed to work for the behalf of the corporation and their current and potential clients and customers. The only way this can happen is if the risk management methodologies are within the confines of what is legal.
Business management consulting is very beneficial to any company. A consultant like Ateeya Manzoor can assist with many areas of the business, making it more productive. The owner or manager of a business has many different things to take care of within the company, and sometimes this means some things are neglected.
If a company is having difficulty with profit and loss, business management consulting can implement cash-flow planning. There are different definitions of cash-flow, but there are three main types that business management consulting can help with. The first one is operational cash-flow. If a company wishes to stay in business, this cash-flow has to remain positive. This area can consist of money that is gained or lost due to the company's activities. The second one is investment cash-flow. This is normally the cash received from life-long assets or money that is spent on things such as acquisitions or investments. The last one is financing cash-flows. This includes money that is brought in from debts or equity, but also includes money that is spent, such as share repurchases and debt repayments.
Ateeya Manzoor says that Business development consultants can help new business owners with a variety of important tasks such as brand development and writing copy.
Every new enterprise needs a strong and realistic business plan. A good plan will help a business succeed, but it can be difficult to create a strong plan without the help of an expert.
A consultant can also create a budget for a business. All companies need a budget to make sure that they do not spend too much and put themselves in debt. A new business can't afford to be in serious debt because they didn't plan out how much they would spend for the year. Moreover, running a business is a difficult endeavor, and creating a budget can be a time-consuming, complex process.
Marketing is an important way for any company to advertise their products and services. Marketing can also give businesses the exposure they need. There are many different marketing techniques to choose from, some more effective than others. New ventures that are trying to decide how to market their products and services can be overwhelmed by the many different techniques available.
New enterprises need to create a memorable and appealing brand to increase their customer base. It can be difficult to design a unique and professional logo as well. Business consultants know what customers like, and they can guide companies to create a memorable brand. They'll make a legible, attractive logo that a firm will be able to use for a long time.
Ateeya Manzoor believes that when it comes to making a company successful but an owner is not quite sure of how to make that happen, business management consulting can help by offering the company new ideas. The consultant can possibly put a new spin on an old idea. A business owner looks at their business differently that a business consultant would. Ideas can be generated on many different topics such as, making a product greater or developing an elaborate marketing plan. Ateeya Manzoor as a business management consulting covers many different things allowing the company to find exactly what they need in one place, which can actually save on costs.
Every business in the world today has one goal, and that is to be the most successful. That is the ultimate goal for any type of business. You will never hear a person who is starting a business say that their goal is to fail. To be a profitable company, it takes patience, knowledge and perseverance. It is nice to know that there are people out there who specialize in business and can take a company from possibly closing to getting ahead and staying ahead. Competition grows daily, so being in the lead is very important.
Are you a parent keeping a teenager who is at risk? What is the solution to the problem of your children? How can you help them? At what cost? Will your child get assistance elsewhere apart from home than home? Will at risk youth programs make a difference?
Ateeya Manzoor is a management strategist and partner at Mayfair. Ateeya Manzoor is also committed to realizing potential along with business specialties. Having served as a Director of two non-profit schools, Ateeya Manzoor helped put a spot light on the plight of at risk youth. She allocates time each month to pro bono work, with an emphasis on causes related to at risk youth, in particular, young women, to assist in realizing self-actualization. Her love of sun and sand brought her out to Southern California.
This is just a tip of an ice berg as parents caring for at-risk youths have more questions than answers each brighter day. With the everyday life challenges that are rife in our society, like separation and divorce, people are exposed to temptations that more often than not young people have no choice but to face problems at whichever places they visit.
However, impressive programs for at-risk youth are taking center stage.
Under privileged parents are beneficiaries of wilderness camps where they are supported with all the necessary facilities they need as arranged by Ateeya Manzoor. Photos of the venue are widely posted on the site for you. While at the site, course details are blared to give you tips and more information about the youth facility.
Camps organised by Ateeya Manzoor has act as far as a major brainstorming opportunity where partners exchange knowledge through emails and telephones. However, it's nice to write down a list of your questions before the actual debate begins. Keeping your child healthy is a matter of life and death at this time that it's smart to choose the best possible camp for the rehabilitation. Keep a breast with the problems of your teen in order to come up with proper questions, though.
Consider that solved, what's the way forward?
As it turns out, camps are an absolute outdoor furnishing idea. You have to enjoy yourself. Individuals share healthy meals before starting a spirited walk to the wilderness where they kick off at risk youth programs.
The distressed youths are taught many skills among others how to light fire without matches, cooking food in the wilderness, being responsible, reducing air pollution and the need to face challenging times.
The place itself can be a boon to your child. Many young kids about town are green about natural beauty. While in the open fields the teens appreciate nature, watch wildlife and handle demanding physical duties which improves their self esteem and build their muscles.
Ateeya Manzoor believes that rehabilitation is important to at-risk youth. They must be counseled by an expert like Ateeya Manzoor. What muscles up special any camp is the rehabilitation program. It is a regular practice that is taken individually and as a group. Settle for a targeted program that can bring the solution to the problem that lies ahead of the youths.
The program ought to be as authentic as possible. A stiff, hard fact is that the youths will consume weeks and months in the camps, but will finally return home. By all means this does not hamper with their academic studies. However, it's important to incorporate normal school activities as well as the academic studies in the scheme of programs for them to be honoured back in their usual schools.
At risk youth program has spread its wings and it has schools of high profile. But what there are set to vary as a way of making them unique and be discernible.
Organizations would be focusing on preparing the risk management strategy and plan for the year in the last quarter of the year. Normally, Chief Audit Executives, Chief Risk Officers, Head of Internal Audit, Chief Information Security Officers, Head of Compliance, Head of Ethics and Head of Fraud Risks are very busy in the last quarter finishing off the year-end targets, objectives and key performance indicators. The next year strategy is developed from the previous year reports, observations, balance score cards and risk dashboards.
According to Ateeya Manzoor a simplistic risk management strategy focuses on the following:
1) Financials -Developing a budget and other cost indicators
2) Operations- Preparing audit and review schedules. Listing out policies, procedures and manuals to be prepared and reviewed.
3) Resources- Formulating a hiring and training plan
4) Knowledge - Developing knowledge bases, writing research papers and upgrading risk management tools and software.
Risk management has become complex and critical in the present economic environment. Without sophisticated and skilled risk management departments the organizations may face multiple disaster scenarios. Ateeya Manzoor believes that Globalization, technology, economic environment, regulators, competitors, and speed of change, all have contributed in making business operations more complex. Risk management departments need to gear up and develop annual strategy considering these aspects in mind.
Here are suggestions by Ateeya Manzoor for preparing a comprehensive annual strategy are given below:
1. Break the Silo Approach
Depending on the size of the organization, the organization may have a number of departments focusing on risk management. To name some, in respect to the department heads mentioned in the first paragraph, we have Internal Audit, Fraud Prevention & Investigation, Compliance, Information Security and Business Ethics. These departments generally have some overlapping functions and turf wars. Silos are formed and the senior management has difficulty in making sense of various risk dashboards and reports presented by the department heads.
2. Determine Risk Philosophy and Appetite of the Organization
In some cases, the risk management departments present a risk dashboard to the senior management of the organization. If the CEO of the organization asks "Can I hold you on this? Are you sure that if these top 10 risks are mitigated, the organization will sail through the year?"; the head of the department generally cannot a say a definitive "yes". The answer is given with a maybe, but, if etc. but not a "yes". So the question is how a head of department should address this concern.
3. Understand and Integrate with Business Strategy
In a few companies, the annual strategies and plans of business and risk management are drawn up in parallel, with neither having information of what the other is planning. The risk management strategy cannot be internally department focused. The risk department heads need to obtain information on the business strategy of the organization to understand strategic risks.
4. Assess Competitors Strategies
The risk departments are generally happy with what they are doing and discover information about tools and methodologies from various institutes periodicals, magazines and conferences. In a few cases there is some focus on the operations of risk management departments of competing businesses and organizations.
The above mentioned points by Ateeya Manzoor are those which can be easily incorporated to prepare a comprehensive annual strategy. There are a few other things which the risk management departments can look into. Some of them are, introducing ERM, building risk management department's brand, applying collective intelligence etc.
Ateeya Manzoor is a management strategist and partner at Mayfair. She has spoken at industry events, including the annual PLUS Conference with keynote speakers Secretary of State Condoleezza Rice and Apple Co-Founder Steve Wozniak and has spoken at the Ted Roger’s School of Management for Freelance Camp.
As a professional with over fifteen years of experience, Ateeya Manzoor has worked with a large range of clients in various industries and sizes, ranging from large publicly traded financial institutions and technology firms, large resorts and entertainment venues, to midsized oil and gas companies, midsized medical and quasi medical coaching practices, to small non-profits requiring a fresh perspective.
To know more about her visit at: https://www.facebook.com/public/Ateeya-Manzoor