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Posts Tagged ‘employee benefits’

Our Consulting and Business Services

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June 28, 2010 at 3:31 pm

Business Consulting

Even the most qualified managers can benefit from competent, objective feedback. We can help your company’s management team develop long-term objectives and specific strategies to facilitate your business’ future growth and success.

We can provide your business with small business consulting, virtual, interim and temporary accounting and CFO services, business and financial planning, CEO and COO support, project management, cost control services, strategic planning, business valuations, business start up advice, lease purchase analysis, and outsourced accounting services.

Supply Chain Consulting

Global studies suggest that many executives rate supply related risks as the top threat to revenue. We can help you minimize risks related to supply interruptions, security threats, weather threats, labor disputes and customer demands.

We instruct our clients on how to identify, manage and monitor supply chain risks resulting in process improvements and improved efficiency.

Strategic Consulting

Strategic planning is a management process for evaluating your current business, determining your strategic direction, and road mapping your strategic plan into practical actions. A strategic plan explains why an organization exists, what it is trying to accomplish, and the tactics it will take to achieve its goals and objectives.

We will develop the business planning and financial modelling necessary to formulate a forward-thinking, evidence-based strategic plan. We can help you develop your strategic direction and then focus on specific actions to put your plan into action.

Risk Management

Risk can be positive when it applies to value creation and risk taking for reward. Let us mitigate your unnecessary risks so you can focus on adding value to your organization.

We utilize the appropriate financial instruments in a timely manner to reduce your credit and market risk. We will use time proven actions to ensure that your company is properly positioned to identify, minimize and manage risk.

Profitability Management

Profitability Management involves integrating the pricing objectives of often conflicting functional areas of the organization into a comprehensive plan to effectively set and capture prices.

We can help you attain the greatest value for your pricing strategy by developing an optimal pricing strategy, implementing effective pricing processes, measuring and controlling price at the transactional level and integrating technology with the processes utilized for your pricing strategy.

Cost Reduction

We implement and expedite cost-savings initiatives for all types of organizations. We combine a data-driven procurement strategy with market proven purchasing techniques to provide significant cost savings to our customers.

We specialize in using financial information to identify those areas of the business that provide the greatest opportunity for expense reduction and cost savings resulting in improved value for the organization.

Policies and Procedures

Many businesses fail because they have the right strategies but are unable to put them into practice because of failures in the processes necessary to implement those strategies. Whether your business processes are broken or in need of improvements we can help you break through your execution problems.

By analyzing existing processes, identifying bottlenecks and redesigning or improving the processes we can significantly reduce costs and improve satisfaction for all stakeholders in your organization.

Systems Consulting

When considering the installation of an accounting software system, you want to be certain to get the one that’s best for your business.

We can provide your business with needs analysis, accounting systems design, chart of accounts design, software selection assistance, software installation, implementation and setup, financial statement design, file conversion, training, support, and guidance.

Management Consulting

We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business.

We can provide your business with product line profitability analysis, inventory and purchasing control, employee benefits planning and analysis, operations and office procedure documentation and advisory services.

We have over 40 years of Accounting, Management and Systems experience.  Contact us for a free initial telephone consultation to discuss the immediate and long term benefits that we can offer you.

Ask us for help – this is what we do.

Visit our website www.desmidtconsulting.com

813-938-3608

Thank you,

Peter DeSmidt,

How to hire top talent

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May 13, 2010 at 12:29 pm

 

As we approach, and continue with the economic rebound – we need to take a close look at our interviewing, hiring and human resources operations.  As you review these steps and procedures, evaluate your own company’s hiring processes to see where you stand.

1      Get everyone on the hiring team to agree on what the real needs of the job and the company are.

2      Make your printed and internet job postings more about the career, and future growth, not necessarily compensation.

3      Have your new employee training and orientation program, either formal or informal, in place, before you start your interviewing process.

4      Develop a mentoring system, for the new employee to work with a person, who is not their supervisor.

5      Develop a “success profile” and a “path to success” guide, rather than using a job description.

6      Expand your network and referral program, to put the word out, before you start posting job opening ads.

7      Rather than listing requirements in your job opening ads, focus on describing opportunities within your business.

8      Create a printed performance review and disciplinary procedures manual.

9      Find a reputable company for conducting new employee background checks.

10     Make the interview time definitely worth the candidates’ time.

11     Specifically define the duties of the position, in writing, before you start your job posting process.

12     Make any necessary changes to the workplace and work space before you start your interviewing process.

13     Don’t have too many hands in the recruitment process, as that tends to make the recruitment process too step and sequence oriented.

14     Insure that your job interviewers have sufficient training, and know how, to address performance management and human resource issues, before interviewing new candidates.

15     Insure that your employee benefits are up to industry standards and the levels that you can afford and justify.

Companies that can hire the best and meet the future requirements of the business will be the companies that survive best in these post recession times.

Ask us for help – this is what we do.

Visit our website www.desmidtconsulting.com

813-938-3608

Thank you,

Peter DeSmidt,

When the economy rebounds, will your small business be ready ?

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November 24, 2009 at 4:48 pm

 

As we approach the economic rebound – we need to take a close look at our past, current and long term operations.

1     Arrange to upgrade your key employees through education, cross training, performance reviews, mentoring and internal promotions.

2     Develop additional depth in leadership using your key employees.

3     Develop realistic performance expectations, for key positions, before you are required to fill an open position.

4     Insure that your job interviewers have sufficient training, and know how, to address performance management issues, before interviewing new candidates.

5     Insure that your employee benefits are up to industry standards and the levels that you can afford and justify.

6     Bring your policies and procedures books and manuals up to speed on current processes and current thinking.

7     Build your strategic influence network of contacts – including your Accountant, Attorney, Advisors, Technology People and Investors.

8     Insure that you have your supply chain in place, and phase out and replace any vendors that may not be meeting your expectations.

9     Pick up on upgrading customer service and customer satisfaction.

10    Insure that you have your 2010 budget, forecast, and strategic plan in place, now.

 Companies that can ramp up operations, to meet upcoming requirements, will be the companies that survive best in the post recession times.

Ask us for help – this is what we do.

Visit our website www.desmidtconsulting.com

813-938-3608

Thank you,

Peter DeSmidt,