IT Strategy

  • BUSINESS TURNAROUND

    Turnaround strategies must “stop the bleeding” quickly and stabilise a new leaner organisation.
    Within a large corporation incubation of a new business is often called a Skunk Works. This describes a select group within organisations given a high degree of autonomy, freed up from bureaucracy and tasked with working on game changing projects. Unless these projects are protected in this way, the prevailing business culture will prevent them from getting passed the concept stage.

    Our services include:

    • External mentoring to challenge notions of what is possible and incubate innovative projects
    • Support in Strategic analysis and Scenario planning
    • In depth analysis of business plans
    • Project management consultation and delivery

     

  • IMPROVE YOUR FINANCE FUNCTION

    Improving financial performance
    We assist you to improve your finance function from troubleshooting, leading improvement projects, setting up shared services and advising on whether to outsource, insource or co-source your businesses financial processes and systems.  The Grey Hair Consulting team can help you setup and run the financial aspects of your business in a way that works for you and your team and when needed we can provide interim management or directorship expertise.

    Finance is a critical support function in any business that is serious about making money.

    Our services include:

    Preparing the Business Case: Grey Hair Consulting can help you prepare your business case for that very important capital injection, whether it be to 'run the business' or 'grow the business'.

    Financial Management: Grey Hair Consulting can help you set up, or improve, your finance function.  We help you to improve your finance processes and optimise your finance structures. We can also help you reduce the time it takes you take to close your books, particularly if you are reporting to a holding company located outside of South Africa.

    Legislative Compliance: Grey Hair Consulting can help you prepare your annual financial statements according to your governance frameworks whether International Financial Reporting Standards (IFRS), IFRS for Small to Medium Enterprises (SME's), Generally Recognised Accounting Practice (GRAP) or Generally Accepted Accounting Practice (GAAP - until it is phased out later this year). As we do this, we will transfer these critical skills to your finance team.

    Interim Management: Grey Hair Consulting can provide you with various interim management solutions for your finance department and related functions, such as payroll, treasury and cash management.

    Finance Projects: Grey Hair Consulting can help you run various finance projects, particularly if you need to integrate or separate your finance function after a business acquisition or disposal.

    If you need to centralise or decentralise your finance function through centres of excellence, sharing of common services, or decision support in the business or operations, we can help you do that, using our trusted project methodologies.

    Finance & Tax: At Grey Hair Consulting, we offer specialized assistance in the complex and ever-changing field of tax and associated financial matters. Our Associate in this area brings years of specialisation and focus to this vital business area, and will bring significant assistance to your business too!

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  • IT STRATEGY