Our approach to management consulting services
Assessment/Understanding
In this first stage, we examine the client’s current situation and conditions. This involves gaining an understanding of business organization’s dynamics, pinpointing opportunities, and threats/issues, and figuring out what actions can be taken to enhance the situation. The result of this stage is a preliminary plan that includes our suggestions.
Plan
Based on the assessment, we formulate a comprehensive plan to assist businesses in achieving their objectives. This plan is customized to SMEs and start-ups and the organization’s specific circumstances and is intended to address the opportunities and challenges identified during the assessment phase.
Execution
We then proceed to put the plan into action. This involves collaborating closely with business owners to ensure that the plan is carried out effectively and efficiently.
Coaching & Mentoring
At MgtWell Consulting Services, we provide mentoring & coaching support to business owners & company key staff to help them navigate business challenges. In coaching & mentoring, we help businesses to see their blind spots and hold them responsible for their goals and visions as their accountability partner.
Enhancement
After the project is finished, we concentrate on optimizing and continually improving the results of businesses. This involves analyzing the project’s outcomes, identifying areas for improvement, and making necessary modifications.
Business Growth
At MgtWell Consulting Services, we provide hands-on, bespoke Business Growth Consulting solutions to SMEs & start-ups. We help business organizations become well-oiled machinery reflecting confidence and professionalism essential to reaching their goals and vision. We strategically help benchmark businesses for operational and strategic gaps, create robust business management structures & methods and develop functional strategies and plans.
Throughout this process, we employ a combination of qualitative and quantitative research techniques. We believe in blending robust scientific research methods with innovative and occasionally experimental applications. Our approach is rigorous, driven by methods, and based on evidence. For every new management project, we approach the problem with a fresh, unbiased mindset that suits each client’s unique situation.
Our approach to monitoring and evaluation services
Our approach to monitoring and evaluation (M&E) services is systematic and comprehensive, designed to measure and assess the success and performance of projects, programs, or entire organizations.
Theory of Change
We start by understanding the desired outcomes and how the intervention is expected to lead to those outcomes.
Performance Indicators
We establish process (implementation) indicators and progression indicators to measure progress.
Data Collection
We collect data on the characteristics of individual participants, enrolment and attendance, end of programme situation of beneficiaries, and costs of the programme.
Monitoring
This is a continuous process of collecting and analyzing information about a programme, comparing actual against planned results to judge how well the intervention is being implemented.
Evaluation
We systematically and objectively assess all elements of a programme (design, implementation, results achieved) to determine its overall worth or significance. This includes performance evaluations focusing on the quality-of-service delivery and the outcomes achieved by a programme.
Cost-Benefit Analysis
We usually include information on the cost of the programme being monitored or evaluated. This allows us to judge the benefits of a programme against its costs and identify which intervention has the highest rate of return.
Throughout this process, we use a mix of tools, methods, and approaches including performance indicators, the logical framework approach, theory-based evaluation, formal surveys, rapid appraisal methods, participatory methods, surveys, cost-benefit and cost-effectiveness analysis, and impact evaluation. Our approach is rigorous, method-driven, evidence-based, and tailored to suit each client’s unique situation.