Banks Associates




Trust is a fundamental of business.
 
All of our engagements are undertaken in strict confidence.  We never publish material about our work for specific companies or organizations - even though some of our results would be a great advertisement for our partnership.   It is very important that you and your employees take credit for  the improvements in your business.






Strategic Planning

We find it surprising that many companies do not have a strategic plan.  Any company, large or small, will benefit from taking time out to think about the business and it's future direction.

We help by offering a structured process which looks at your business today and reviews alternative scenarios which may be possible in the medium term, usually five years.

We believe you may find our approach  interesting since it combines creative and disciplined thought processes.

Every business is different, so we start by gaining an understanding of your history and current situation.  We also need to know about  any constraints, like funding, which may impact a growth strategy.  At the same time we analyse the position of your company in relation to competitors in the sector and prepare a ranking based on measurables available in the public domain.  Our web-based world means there is much available.

Next, we meet with the executive team to understand your aspirations for the business - where would you like to be in five years?  There may be a reality check at this point, but assuming we have consensus we will prepare a number of growth strategies which could meet the stated goals.  This is really creative part of the process which we lead but is normally undertaken jointly with executive team.

From the many ideas generated we shortlist two or three which we feel best meet the criteria, with supporting data. These are presented to the team together with our preferred choice.

When consensus is reached on one stategy we prepare a detailed first year business plan and an outline for each of the remaining five years.

All of the data is compiled into a strategic plan for your company.  However, this should be viewed as a framework which can be adjusted to compensate for unforeseen circumstances in our fast-changing world.

We suggest six-monthly review periods, undertaken internally, or with our help if required.

 

  



Any business will benefit from our approach.  The investment in your time will result in a deeper understanding of your business and a greater clarity in your vision of the future.

Fees will vary dependent on the extent of our participation, but as with all our services, we will be competitive due to our decentalized organization.  The partner leading the process will probably be quite local to you.



Long Acre House, Thorpe Park Lane, Thorpe-le-Soken, Essex CO16 0HN, United Kingdom  Phone +44 (0)1255 862608  Fax +44(0)1255 861894  www.banksassocs.com