Businesses continue to go through metamorphosis. The business life-cycle which over a period has been found to encompass six stages, such as
Going by the economic trends and the business demographics each of these stages would face its own time-span. While this time-span does have an eventual human control, many-a-times it has gone out of control too. Current business economy worldwide is a typical example where most of it has gone out of control due to the Covid Pandemic or other natural disasters. Leaving behind this external non-control impact, presuming that business can be faced with a humanly control, the facets of strategic management practices do play a major role.
Businesses continue to go through metamorphosis. The business life-cycle which over a period has been found to encompass six stages, such as
Going by the economic trends and the business demographics each of these stages would face its own time-span. While this time-span does have an eventual human control, many-a-times it has gone out of control too. Current business economy worldwide is a typical example where most of it has gone out of control due to the Covid Pandemic or other natural disasters. Leaving behind this external non-control impact, presuming that business can be faced with a humanly control, the facets of strategic management practices do play a major role.
Effective strategic practices can help businesses to stretch the faces of Expansion, Peak and Recovery and at the same time, such practices do help in reducing the impact of Recession, Depression and Trough times.
Expansion time span is the perfect growth stage and every business, in order to succeed definitely follow well planned measures to ensure they reach the peak time. While the business is in Peak times, most of the business owners fly-high in their best of motivation and celebration, with the least of focus on times of Recession or Depression or Trough impact to take care of. Precisely because of such negligence or non-preparation paves way to serious crisis to overcome during such difficult times.
Here’s where the art of time-tested processes called Lean Management Principles, TQM, Kaizen, Capability Maturity Models, 5S practices etc. as well as SOP’s and ISO Systems empower business processes to keep all-time tap on their travel in the industry and the marketplace. As long as stringent practices and systems discussed above are in place, the time-span of recession, depression and trough scenarios are quite possible to be handled.
Despite all such measures and time-tested practices/processes external influential factors like economic and industry recessions, severe drop in effectiveness across industry players, natural disasters and pandemic scenarios, do pose stronger threats which needs to be combatted by a business thoroughly.
Combining various time-tested processes discussed above, TAPAMS and its knowledgeable expertise team has developed yet another performance tool to combat business losses or damages that might still pose huge profitability threats. A tool, or for that matter, it could be called as a management science which will not only help combat the non-performing business or loss making scenarios, but more than empower the business to holistically turnaround the situation in a strict span of time, once planned and deployed.
Called the science of “Turnaround Management”, followed and practiced by very few at global level, happens to be a Life Saviour art of business management. TAPAMS own Turnaround Hexagon model, a registered trademark of TAPAMS. It is a 7M methodology comprising of Marketing, Money, Management, Material, Method, Machine and Man, a holistic management process, paves way to empower a sinking business, not just in existence, more so in terms of profits, even from a completely negative reality to a positive note. This art of Turnaround Management consulting and implementation service is the Midas Hand of TAPAMS.
Considering the fact that many businesses, post the Covid pandemic and rest of the economic recessive impact across industries and geographies, would find the need for expertise talent to equip and deploy Turnaround Management practices, TAPAMS found the need and demand to prepare the required talent force to handle during the forthcoming days.
Though largely demanded by manufacturing sector, the Turnaround Management facets from TAPAMS have today got evolved in meeting every kind of business, notwithstanding the manufacturing alone. As a measure of this preparative mission, TAPAMS has drawn its vision to identify at least few thousand human talents, evaluate and map their potential, train and turn them around as Turnaround Management Professionals, using its 25+ years strong, management consulting practices that got proved its success amongst quite a many industry tycoons and business houses across the globe.
Drawing talents from the pool of graduates of Engineering, Science and Management domains as well as Accounting Profession (CAs/CWAs/CMAs), TAPAMS will prepare 1200 Turnaround Management Professionals in the fiscal year 2021 – 2022. Enrolled and evaluated, in batches of 60 to 100, these 1200 TAM Professionals will undergo hardcore practices training along with sheer industry deployed on-the-task implementation learning, would be empowering a minimum of few 100 to a thousand business houses to eradicate all their unknown losses and damages, inculcate and imbibe savings from operations and in the process record consistently growing profits.
Since the endeavour is to empower the industry and also the development of Turnaround Management Professionals, TAPAMS is offering this exclusive learning initiative on a cost-effective measure as follows:
* These are provided as a Educational Loan by an NBFC and includes their interest charges.
Students are requested to submit their pre-registration for enrollment by visiting this link – https://forms.gle/tTmxPmYXz5EX6WFz8
Students can reach out to us for their doubts to [email protected] through an email.