PSM Consulting Services Limited | Tel: 020 3151 0929 | Fax: 020 3151 0930
“…this represents one of the largest overseas acquisitions by a Taiwanese group.” Financial Times
Sustained business success has become inextricably linked with the ability to change - whether it is about adapting to rapidly evolving external circumstances, or about finding ways to improve performance or pursue new opportunities through structural or cultural change. But change never ‘just happens’.
PSM’s approach to managing change was developed over more than a decade of working with large and small clients. It offers our clients the confidence in a proven, comprehensive framework for defining the scope and dimensions of the change, developing a compelling change vision and designing interventions for structural and behavioural changes, as well as the flexibility that ensures the construction and the implementation of the programme are tailored to their specific needs and circumstances.
Businesses are faced with numerous risks, and managing these often focuses on lessening their likelihood or immediate impact. However, it is possible – and often desirable – to take a more comprehensive approach to removing, reducing and mitigating risks. Business Continuity Management (BCM) embraces conventional risk management, but additionally considers approaches to assure the rapid reestablishment of critical business operations, and a return to normal operations as quickly as possible.
With over 10 years of experience in Business Continuity Management, PSM has developed a robust approach which combines three key ingredients: (a) rigorous, comprehensive analysis and structured development of responses to risks; (b) a strong eye for trade-offs and the realisation of actual business benefits; and (c) explicit attention for the role of behavioural change in ensuring business continuity. Our BS25999-compliant service leaves our clients with the ability to carry on their everyday business, confident that they are ready to respond effectively, whatever may befall the organisation, both through their processes and through their people.
Operational processes within most companies are complex and interconnected. PSM’s experience shows that it takes only a small number of sub-optimal elements in the overall value chain to create significant problems in other areas.
Changes in market conditions and the introduction or phase-out of products or services add further to the complexity. It is important regularly to review the operational processes and take the necessary steps to ensure sustained performance.
We use our profound experience and our skills in formulating and using innovative approaches to help our clients respond to the challenges they face and achieve sustained operational excellence.
Creating shareholder value through acquiring and integrating or merging businesses is an endeavour that fails more often than it succeeds. The difference between failure and success is rarely a matter of luck: time and time again success turns out to be strongly correlated with thorough preparation and effective execution.
Based on the experience of numerous engagements, PSM has developed an approach that helps clients identify, prioritise and address the potential risks, and implement a robust programme to minimise them. This greatly enhances the success rate in integrating acquisitions or establishing mergers and joint ventures.
