Business Optimum, Llc
Working with CEOs, CFOs, COOs, CTOs, and CIOs to optimize business performance in the areas of Operations, Technology, Accounting/Finance, and Performance Measurement. CONCEPT - BUSINESS OPTIMUM is the point where business operations are both most effective and most efficient- OPERATIONS represent the effectiveness side of the business. It encompasses what any business does to exist. Effectiveness is improved by: 1. Optimizing existing tasks, and 2. Leveraging increased efficiency to free up time for additional tasks- TECHNOLOGY represents the efficiency side of the business. Efficiency is enhanced by deploying appropriate technologies, integrating disparate systems, and automating manual processes- ACCOUNTING/FINANCE measures business performance. Measurement is improved through well-structured operational and financial reporting and Business Intelligence (BI). OPTIMIZATION PHASES - CURRENT STATE ASSESSMENT (CSA)- Identify strengths and weaknesses in Operations, Technology, and Accounting/Finance- Conduct interviews with the C-suite, management, and employees- Evaluate the existing technology stack- Review operational and financial reporting- Document findings for client approval- FUTURE STATE ARCHITECTURE (FSA)- Based on CSA findings- Identifies opportunities for improvement in Operations, Technology, and Accounting/Finance- Documented for client approval- BUSINESS SYSTEMS - Optimize existing systems, including the addition of new modules, customization, integration, and automation- Review and pre-select new systems aligned with the FSA- Conduct full due diligence on pre-selected systems (demos, reviews, references, etc.)- Finalize system selection, negotiation, and procurement- Implement systems, including configuration, customization, integration, and data migration- User acceptance and training.
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