BUSINESS CONSULTING
Selected businesses for consulting are approved and funded by the Government of the Republic of Cyprus and the European Bank for Reconstruction and Development (EBRD).
PROJECT A
Business type: Sauce factory
Gross profit: < 7.000.000 euro
Number of employees: < 35
Period of consulting: October 2015 – Present
Business problem: Structure, strategy and innovation of the organization
The sauce factory face problems with the organization design, business strategy and innovation processes. The consultant works with the management team to develop a solid organization design and innovation processes in the business. They implement a strategy to improve their innovative practices and competitive advantages in the market.
Consulting project outcomes:
· Increase of profitability by 20% a year after the completion of the consulting project.
· Expansion of the facilities of the sauce factory.
· Increase of the market share by 5%.
· Purchase and implementation of new technology in the production section.
PROJECT B
Business type: Environment/Waste Management Industry
Gross profit: < 2.000.000 euro
Number of employees: < 8
Period of consulting: June 2019 – May 2022
Business problem: Structure and marketing strategy of the organization
This consulting project focused on the organization design and the marketing strategy of the business. The consultant supported the management team to improve the organization design. The management needed the development of a marketing strategy to build a strong brand name in the market. The consultant developed and presented the marketing plan with a series of actions to support the business strategy on brand awareness.
Consulting project outcomes:
· Increase of profitability by 10% twelve months after the completion of the consulting project.
· Increase of business productivity by 15%.
· Creation of two new services that added value to the existing business.
· Increase of the share in the regional market by 10%.
· Purchase and implementation of new management waste technology.
PROJECT C
Business type: Retail/Automobile Industry
Gross profit: < 1.000.000 euro
Number of employees: < 6
Period of consulting: September 2017 – July 2021
Business problem: Structure and innovation strategy of the organization
The retail tyre store faced problems with the organization design and the innovation strategy. The consultant worked with the management team to improve the organization design. The management needed the development of an innovation strategy in order to offer new services in the automobile sector. The consultant with the management team designed, implemented and evaluated the innovation strategy.
Consulting project outcomes:
· Increase of profitability by 25% six months after the completion of the consulting project.
· Increase of business productivity by 20%.
· Creation of four new services that added value to the existing business.
· Increase of the share in the regional market by 15%.
· Purchase and implementation of new technology in alignment and wheel balancing.
PROJECT D
Business type: Retail/Food
Gross profit: < 2.500.000 euro
Number of employees: < 8
Period of consulting: May 2016 – February 2019
Business problem: Structure and marketing strategy of the organization
The retail store faced problems with the organization design and the marketing strategy. The consultant worked with the management team to improve the mechanics of the organization design. The consultant designed and applied a marketing strategy to promote the business in the market.
Consulting project outcomes:
· Increase of profitability by 15% a year after the completion of the consulting project.
· Renovation of the meat market and vegetable section of the retail store.
· Increase of the share in the regional market by 15%.
· Purchase and implementation of new technology for the organization of goods in the store.