Management Consulting Template: “The Pearl Industry: Is there a market opportunity?”) • Template provided (fillable)
Management Consulting Template
BUSI 640
May 12, 2020
Student-Consultant Name:
___________________________________
Date of Template Submission:
_________________________
Table of Contents
Notes REGARDING PRIORITY LEVEL 3
Table 2.1 – Analysis of Strategic Options (Option 1) 4
Table 2.2 – Analysis of Strategic Options (Option 2) 5
Table 2.3 – Analysis of Strategic Options (Option 3) 6
Table 3.1 - Critical Issues in the Context of Recommended Strategic Option – ( FINANCE ) 9
Table 3.2 - Critical Issues in the Context of Recommended Strategic Option – ( HR ) 10
Table 3.3 - Critical Issues in the Context of Recommended Strategic Option – ( IT/MIS ) 11
Table 3.4 - Critical Issues in the Context of Recommended Strategic Option – (POM) 12
Table 3.5 - Critical Issues in the Context of Recommended Strategic Option – ( MARKETING ) 13
Table 3B – Development of What Need to Be Addressed Statements (5) 15
Table 4.1 – WNTBA 1: Evaluation of Alternative Solutions & Recommendation 18
Table 4.2 – WNTBA 2: Evaluation of Alternative Solutions & Recommendation 19
Table 4.3 – WNTBA 3: Evaluation of Alternative Solutions & Recommendation 20
Table 4.4 – WNTBA 4: Evaluation of Alternative Solutions & Recommendation 21
Table 4.5 – WNTBA 5: Evaluation of Alternative Solutions & Recommendation 22
Table 5 – Recommendation Detail # 1 24
Table 5 – Recommendation Detail # 2 25
Table 5 – Recommendation Detail # 3 26
Table 5 – Recommendation Detail # 4 25
Table 5 – Recommendation Detail # 5 26
REFERENCES
Notes regarding priority level
· Table 5 – Priority: HI= High (Extremely important, very critical); ME= Medium (important but not critical); LO=Low (needs to be done but not important and/or critical)
|
Table 2.1 – Analysis of Strategic Options
|
Option 1
|
Briefly Identify & Describe the Option
|
|
Benefits/ Advantages
|
|
Critical Success Factors
|
|
Threats/ Risks
|
|
Why is this your recommended Strategic Option?
|
|
Table 2.2 – Analysis of Strategic Options
|
Option 2
|
Briefly Identify & Describe the Option
|
|
Benefits/ Advantages
|
|
Critical Success Factors
|
|
Threats/ Risks
|
|
Why is this your recommended Strategic Option? |
|
Table 2.3 – Analysis of Strategic Options
|
Option 3
|
Briefly Identify & Describe the Option
|
|
Benefits/ Advantages
|
|
Critical Success Factors
|
|
Threats/ Risks
|
|
Why is this your recommended Strategic Option? |
|
NOT REQUIRED Table 2A - Strategic Analysis – Stakeholder Positions on Strategic Options
Stakeholders and their positions:
|
Strategic Option 1:
|
Strategic Option 2:
|
Strategic Option 3:
|
Stakeholder 1:
|
|
|
|
Stakeholder 2:
|
|
|
|
Stakeholder 3:
|
|
|
|
Stakeholder 4:
|
|
|
|
NOT REQUIRED Table 2B - Strategic Analysis – Impact of Critical Issues on Strategic Options
Strategic Options & Their Critical Issues |
Strategic Option #1 |
Strategic Option #2 |
Strategic Option #3 |
Finance
|
|
|
|
Marketing
|
|
|
|
Operations
|
|
|
|
IT
|
|
|
|
Human Resources
|
|
|
|
Table 3.1 - Critical Issues in the Context of Recommended Strategic Option – FINANCE
CRITICAL ISSUES
|
How is it manifested? |
Why is it happening? Cause(s)?
|
1) Why Important? 2) Implications if not dealt with? |
Finance F1
|
|
|
|
F2
|
|
|
|
F3
|
|
|
|
F4
|
|
|
|
F5
|
|
|
|
Table 3.2 - Critical Issues in the Context of Recommended Strategic Option – HR
CRITICAL ISSUES
|
How is it manifested?
|
Why is it happening? Cause(s)? |
Why Important? Implications if not dealt with? |
Human Resources HR1
|
|
|
|
HR2
|
|
|
|
HR3
|
|
|
|
HR4
|
|
|
|
HR5
|
|
|
|
Table 3.3 - Critical Issues in the Context of Recommended Strategic Option – IT/MIS
CRITICAL ISSUES
|
How is it manifested?
|
Why is it happening? Cause(s)? |
Why Important? Implications if not dealt with? |
Info Tech IT1
|
|
|
|
IT2
|
|
|
|
IT3
|
|
|
|
IT4
|
|
|
|
IT5
|
|
|
|
Table 3.4 - Critical Issues in the Context of Recommended Strategic Option - POM
CRITICAL ISSUES
|
How is it manifested?
|
Why is it happening? Cause(s)? |
Why Important? Implications if not dealt with? |
Operations OP1
|
|
|
|
OP2
|
|
|
|
OP3
|
|
|
|
OP4
|
|
|
|
OP5
|
|
|
|
Table 3.5 - Critical Issues in the Context of Recommended Strategic Option - MARKETING
CRITICAL ISSUES
|
How is it manifested?
|
Why is it happening? Cause(s)? |
Why Important? Implications if not dealt with? |
Marketing M1
|
|
|
|
M2
|
|
|
|
M3
|
|
|
|
M4
|
|
|
|
M5
|
|
|
|
NOT REQUIRED Table 3A – Vertical Causal Analysis
Description of Underlying Cause (Common causes for multiple problems) |
Critical Issue(s) Addressed (as identified in Table 3) |
Total Frequency |
Priority and Importance |
||
|
|
|
Low |
Med |
High |
1.
|
|
|
|
|
|
2.
|
|
|
|
|
|
3.
|
|
|
|
|
|
4.
|
|
|
|
|
|
5.
|
|
|
|
|
|
6.
|
|
|
|
|
|
7.
|
|
|
|
|
|
8.
|
|
|
|
|
|
9.
|
|
|
|
|
|
10.
|
|
|
|
|
|
Additional Issues or Insights which are critical to the success of the organization
OR will critically impact on the success of your recommended strategy
Table 3B – Development of What Need to Be Addressed Statements
1. What Needs to Be Addressed
|
|
Implications if not Addressed |
Opportunities if Addressed |
|
|
2. What Needs to Be Addressed
|
|
Implications if not Addressed |
Opportunities if Addressed |
|
|
3. What Needs to Be Addressed
|
|
Implications if not Addressed |
Opportunities if Addressed |
|
|
4. What Needs to Be Addressed
|
|
Implications if not Addressed |
Opportunities if Addressed |
|
|
5. What Needs to Be Addressed
|
|
Implications if not Addressed |
Opportunities if Addressed |
|
|
6. What Needs to Be Addressed
|
|
Implications if not Addressed |
Opportunities if Addressed |
|
|
Comment – Observations and Conclusions Regarding Diagnosis
Table 4.1 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #1
|
||
Alternative #1
|
Pros
|
Cons
|
Alternative #2
(Note: Is there another major alternative?) |
Pros
|
Cons
|
Recommendation & Rationale
|
Table 4.2 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #2
|
||
Alternative #1
|
Pros
|
Cons
|
Alternative #2
|
Pros
|
Cons
|
Recommendation & Rationale
|
Table 4.3 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #3
|
||
Alternative #1
|
Pros
|
Cons
|
Alternative #2
|
Pros
|
Cons
|
Recommendation & Rationale
|
Table 4.4 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #4
|
||
Alternative #1
|
Pros
|
Cons
|
Alternative #2
(Note: Is there another major alternative?) |
Pros
|
Cons
|
Recommendation & Rationale
|
Table 4.5 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #5
|
||
Alternative #1
|
Pros
|
Cons
|
Alternative #2
|
Pros
|
Cons
|
Recommendation & Rationale
|
Table 4.6 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #6
|
||
Alternative #1
|
Pros
|
Cons
|
Alternative #2
|
Pros
|
Cons
|
Recommendation & Rationale
|
Table 5 – Recommendation Detail
Recommendations & ST = 0 to 3 months, MT = 3 to 9 months Supporting Detail LT = 9 to 15 months, Immediate – 0 to 15 days |
Timing |
Priority (See Note to the Marker) |
Rec #1
|
|
|
Rec #1 - Critical Success Factors & Risks to be Managed
|
||
Rec #2
|
|
|
Rec #2 - Critical Success Factors & Risks to be Managed
|
Table 5 – Recommendation Detail
Recommendations & ST = 0 to 3 months, MT = 3 to 9 months Supporting Detail LT = 9 to 15 months, Immediate – 0 to 10 days |
Timing |
Priority |
Rec #3
|
|
|
Rec #3 - Critical Success Factors & Risks to be Managed
|
||
Rec #4
|
|
|
Rec #4 - Critical Success Factors & Risks to be Managed
|
Table 5 – Recommendation Detail
Recommendations & ST = 0 to 3 months, MT = 3 to 9 months Supporting Detail LT = 9 to 15 months, Immediate – 0 to 10 days |
Timing |
Priority |
Rec #5
|
|
|
Rec #5 - Critical Success Factors & Risks to be Managed
|
||
Rec #6
|
|
|
Rec #6 - Critical Success Factors & Risks to be Managed
|
NOT REQUIRED Table 1 - A SWOT+ Data Gathering Table (STRATEGY)
|
Strategy
|
Strengths/ Positives
INT
|
|
Opportunities
EXT
|
|
Threats
EXT
|
|
Problems/ Challenges/ Weaknesses
INT
|
|
NOT REQUIRED Table 1.1 - A SWOT+ Data Gathering Table (FINANCIAL MANAGEMENT)
|
Finance
|
Strengths/ Positives
INT
|
|
Opportunities
EXT
|
|
Threats
EXT
|
|
Problems/ Challenges/ Weaknesses
INT
|
|
NOT REQUIRED Table 1.2 - A SWOT+ Data Gathering Table (HR MANAGEMENT)
|
Human Resources
|
Strengths/ Positives
INT
|
|
Opportunities
EXT
|
|
Threats
EXT
|
|
Problems/ Challenges/ Weaknesses
INT
|
|
NOT REQUIRED Table 1.3 - A SWOT+ Data Gathering Table (IT/MGT INFO SYSTEMS)
|
Information Technology
|
Strengths/ Positives
INT
|
|
Opportunities
EXT
|
|
Threats
EXT
|
|
Problems/ Challenges/ Weaknesses
INT
|
|
NOT REQUIRED Table 1.4 - A SWOT+ Data Gathering Table (PRODUCTION OPERATIONS MANAGEMENT)
|
Operations
|
Strengths/ Positives
INT
|
|
Opportunities
EXT
|
|
Threats
EXT
|
|
Problems/ Challenges/ Weaknesses
INT
|
|
NOT REQUIRED Table 1.5 - A SWOT+ Data Gathering Table (MARKETING MANAGEMENT)
|
Marketing
|
Strengths/ Positives
INT
|
|
Opportunities
EXT
|
|
Threats
EXT
|
|
Problems/ Challenges/ Weaknesses
INT
|
|
NOT REQUIRED Table 1.6 The Five Forces of Competition in the Industry |
|
Rivalry among Competing Sellers |
· |
Potential Entry of New Competitors |
· |
Competitive Pressures from Substitute Products |
· |
Competitive Pressures from Supplier Bargaining Power and Supplier-Seller Collaboration |
· |
Competitive Pressures from Seller-Buyer Collaboration and Bargaining |
· |
NOT REQUIRED Table 1.7 Industry Key Success Factors |
|
Technological related |
· |
Operations related |
· |
Distribution related |
· |
Marketing related |
· |
Skills related |
· |
Organizational capacity |
· |
Other |
· |
NOT REQUIRED Table 1.8 Industry Prospects and Overall Attractiveness |
|
Factors making the industry attractive |
· |
Factors making the industry unattractive |
· |
Special industry issues/problems |
· |
Profit outlook |
· |
NOT REQUIRED Table 1.9 The Business Environment |
||
|
Opportunities |
Threats |
Political |
|
|
Economic |
|
|
Societal/Cultural |
|
|
Technological |
|
|