Constant Innovation & New Opportunities through
The Biz Wiz Programs
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Navigant Consulting combines in-depth strategic analysis and extensive experience in Operations, Finance, Human Resource Management, Customer
Service, Marketing and Sales in all business development projects. Hence, our business development cases for our clients have involved everything from the development of the entire business model, set up of brick and mortar and or online operations, products, and services, to the creation of marketing strategies and to generate sales leads within digital channels.
In addition, we have negotiated and closed deals on behalf of our clients. As a result, our ”Biz Dev” services offer your company simple, yet powerful, end-to-end service. Because of this complete service approach, our job as the business development consultant has typically been to help existing management to identify previously unforeseen (i.e. new) business opportunities and to capitalize on our findings.
We have helped our clients critically look at their existing or startup operations and find new ways and opportunities to leverage their competitive advantage.
Why should I care?
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We know, most certainly, that almost all companies having a degree of international scope today, have at least some level of business development competence internally. However, we also know, while companies work on their business development projects with internal resources, they often lack critical and very specific competence, crucial for the success of the” Biz Dev” project within The Biz Wiz Program. Therefore, representing a significant opportunity cost! Our business development process – creativity & fruition.
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With a creative mindset, we identify new markets, new partnerships with other businesses, new ways to reach existing markets and new product or service offerings to better meet the needs of existing markets - all aiming at bringing more topline revenue for the client through 'The Biz Wiz'! The preliminary aspect of our work involves: getting to know the client’s current business, the business model, products/services portfolio, business objectives, and the ambitions of the company leadership team. While this is completed, the facts and findings form the base for the business development ”journey” ahead.
Rather than a distant partner, working closely with the client, we follow our proven six-step business development process developed by our founder.
Business development for new market entry using The Biz Wiz Program in 6-steps.
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Step 1: First of all, we stay abreast of what’s happening in our clients' industry, what our clients' competitors are up to in terms of products and service offerings, pricing, marketing strategies, etc.
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Step 2: This industry knowledge is then combined on an on-going basis with an understanding of our client’s business strategy, how our client’s benchmark against their competitors and, in addition, how their service/product offering would be perceived on the new marketplace. Consequently, providing an uninterrupted 360-degree view for the client.
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Step 3: We provide an understanding of our client’s new market, market conditions, and how the client’s offering would need to be adapted in order to capitalize on the available opportunities.
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Step 4: Especially relevant, we bring our creative mindset to our client’s business. We identify possible ways to improve our clients' operations, financial strategies, human resource capacity offering, marketing, sales/sales channels, and pricing.
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Step 5: We prioritize the new business opportunities we have identified, compare potential returns for each unique opportunity to the cost our clients would need to incur to capitalize on the occasion. Due to this, your company also gets a thorough cost-benefit analysis for decision making.
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Step 6: Finally, we help our client’s to bring the new opportunities we have identified and prioritized to fruition. Whether this involves help in negotiating internally or externally with various stakeholders. Navigant Management Consulting is there to help you every step of the way. As a result, giving your company a trusted ”Biz Dev” partner.
Our hands-on business development services include:
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Benchmarking
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Competitive analyses
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Pricing analyses
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Portfolio (product/service) analyses
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Market research
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Market sizing
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Strategy development & formulation
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Growth strategy
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Market entry strategy
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Go-to-market strategy
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Business plan development
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Financial Analysis and Financial Strategic planning
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Budgeting
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Pricing
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Financing sourcing and negotiations
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Tax planning and reporting
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Recruitment
Our Industry Experience Includes:
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Food & Beverage
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Hotels & Resorts
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Product Distribution
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Media & Advertising
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Publishing (in addition, Book Clubs)
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Printing
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Procurement
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Government
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Construction
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Healthcare
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Gaming/iGaming
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Retail
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Membership Organizations
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Financial Institutions (Bank, Credit Union, and Non- Bank Financial Services)
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Insurance