Plan Processes . Analyze . Evaluate . Strategize . Develop Plans

There are of course many directions you can take if you are in a boat in the middle of an ocean. Businesses can be like that…with little visibility on the surface as to where to go from here. Planning is the process of identifying and evaluating alternative destinations and the best paths to get there, as well as developing the tools to measure success and designing ways to reduce risk. 

Planning provides opportunity for broader input from your best people, for consensus building and for better decisions. It is a well-known fact that a company that thoroughly plans evaluates alternatives and stays on track with a well thought out strategy will have a much better chance of meeting its goals. Good planning helps prevents bad investments of time and resources.

Service Overview

Strategic & Business Planning

 

Businesses succeed when they are well planned and well executed … but the planning generally comes first. The discipline of strategic and business planning has been a focus of the firm’s principal for over 20 years, not only as a consultant, but also as a manager and an executive. Dwayne’s executive experience enables him to understand first-hand the implications of living with the consequences of a strategic or business plan after it is developed. Coben Advisory uses proven processes and customized tools to provide clients with the results they need.

A sample of strategic and business planning services Coben Advisory has provided to clients is described below:

  • Designing and facilitating strategic planning processes
  • Developing corporate strategic plans, including definition of objectives, action plans and performance measures
  • Developing growth and acquisition strategies, including defining investment criteria
  • Troubleshooting and specific strategy problem-solving
  • Drafting business plans for corporate planning or for equity or debt financing purposes
  • Identifying, developing and refining business unit strategies
  • Evaluating strategic issues or business problems and recommending solutions
  • Strategy and business risk assessments
  • Stakeholder interviews to assess strategy alternatives
  • Business case evaluations of alternative strategy choices and related investments
  • Liaising with external advisors in developing tax-effective corporate organization and ownership structures

 

Evaluation of Investment Opportunities

 

The cost and return of an investment are two of the main characteristics which define the development and future of any project, but often other planning criteria are also important to a business or an owner. There is a requirement to identify the key economic and other parameters associated with projects using specific know-how and developing various methods for assessing the projects according to their different stages of progress, costs, benefits and risks. These evaluations are always challenged by lack of complete certainty and unknown unknowns, which require careful consideration. We understand these challenges because we have been in your shoes and have assisted clients through the process of making decisions regarding investment opportunities many times. Avoided investment mistakes are sometimes more valuable than great opportunities. 

 

Project Planning

 

Project planning is a procedural step in project management, where required documentation is created to ensure successful project completion. Documentation includes all actions required to define, prepare, integrate and coordinate additional plans. The project plan clearly defines how the project is executed, monitored, controlled and closed.

Project planning requires an in-depth analysis and structuring of the following activities:

  • Setting project goals
  • Identifying project deliverables
  • Creating project schedules
  • Defining budgets
  • Assigning responsibilities
  • Creating supporting plans
  • Monitoring and reporting progress 

 

Financial Modeling & Planning

 

Significant business decisions shouldn’t be undertaken without fully understanding the potential consequences. Whether you’re planning to expand into a new market or invest in new equipment, you want to make sure your business is financially equipped to make it happen.

We have spent years working with small, medium and large businesses. We’ve walked them through highs and lows, worked diligently to understand their needs and challenges and devised countless game plans to help them reach the next level—whatever that level may be.

 

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