Startups-PACE
GET ORGANIZED QUICKLY AND GROW FAST
MARKET VALIDATION
- Identify the market triggers, environment, challenges, and opportunities
- Analyze your products/services as per the market segmentations
- Analyze business case scenarios – (for budgeting, resource allocation, cash flow management, and sales ROI)
- As-is and to-be (gap) analysis
- Business modeling
- Secondary market research
- Quarterly customized remedial reports
OPERATIONAL CONSULTING
- Working together to develop an ecosystem for lean operational processes and structures
- Work implement 4 P’s of Operational Excellence – people, planning, processes, and practices
- Product and Service Management
- Involvement in (MVP) pilot testing
- Provide guidance on Risk mitigation
- Process Systematization
ORGANIZATION DEVELOPMENT
- Work together for “Organizational Development” while keeping the long as well as short term future operational feasibility in mind
- Consulting to develop an Organizational Culture for performance, engagement, learning, and development
- Performance management system (PMS) for employee productivity
- Performance Reports, SOP, documentation, and KRAs to measure performance
- Design quarterly performance reviews, rewards, recognition, and incentivization
RESOURCE MANAGEMENT
- Forecasting, Budgeting and Sales ROI
- Managing Disruptive Change
- Organizational Decision-Making
- Conduct Analysis for Resource Allocation
- Co-founders, Investment, and ESOP option development
- Business Tools for Digitization and Automation
- Distribution Network Coverage
- Pitch Deck for Fundings
types of STARTUPS
Startups Assessment
Share your business preparedness with us to avail our one on one startup assessment through experts which is without any upfront cost.
Frequently asked questions
The success ratio of the startups is very poor.
As per various expert research across multiple industries, it is found that around 80% startups shut down their businesses within 2 years and around 50% of the left outs will cess to exist within 5 years from their inception.
The key reasons identified for the startups failures are
- No market requirements
- Fail to attract enough customers in the market segment
- Higher customer acquisition and customer service cost
- Lack of cash-flow management
- Pre-matured or matured products / services being offered
- Lack of investment capital
- Poor marketing and promotional activities
- Lack of industry knowledge and common practices
- Defeated due to stiff competition
Although it is quite apparent that the startups failure is quite high but it is also a fact that the startups which are succeeding are doing somethings entirely different.
Startups which are constantly working on understanding the typical entrepreneurial approach, exploring specific strategies fitting in their unique system of business, timely catering the market demands, work developing a lean organization while properly managing it’s cash-flow etc. bettering their chances of success and growing exponentially.
We provide consultation in four broad area of business where the big corporations belong…
- Validate your market through business analysis
- Operational consulting support for effective execution
- Work with you to build a positive business case scenarios
- Personalized coaching for leadership, team building and binding and entrepreneurial mindset.
- Preparing you for Fund raising to generate timely investments (if required)
iiConvergence is a management consulting firm for business optimization. We are iiConvergence work with SMEs which are struggling in operations and sales. To avail our Startup’s PACE consulting services, you can enquire for our yearly subscription model for working together.