Moores Rowland Indonesia shares their take on how strategic consultancies can help to mitigate corporate investment risks.
Indonesia, as a major player in Southeast Asia, has strong economic ties with both the West and the East, which means that any shifts in geopolitical alliances could have far-reaching consequences. This poses a significant threat to major companies in this country that lack a geopolitical strategy. Given the current business environment and the rise of China’s and India’s economic power, companies should refocus and outsource a strategic consultancy to better understand the changing corporate, regional, and global landscape.
Strategic consultancies such as MRI bring a wealth of expertise and experience to the table,” says Mr. Iman Setiadi, Head of Corporate Finance and Consulting at Moores Rowland Indonesia (MRI). We work with different companies across industries and regions, and provide valuable, objective insights and perspectives.
“With a strategic consultancy, companies can identify and prioritise key areas for improvement, and develop actionable strategies to address them. We help companies save time and resources by avoiding trial and error and focusing on the most effective solutions.”
The role of a strategic consultancy typically involves analysing a company’s current operations, identifying areas for improvement, and developing recommendations for strategic change. This may include conducting market research, analysing financial data, and working closely with key stakeholders within the organisation to gain a deep understanding of the company’s operations, supply chain, culture and goals.
Strategic consulting may also involve working with organisations to develop new business models, identify potential growth opportunities, and create plans to execute on those opportunities. This can include everything from developing new products or services to expanding into new markets or geographies.
“MRI’s strategic consulting is focused on helping corporations make more informed decisions and achieve their short/mid/long-term goals by providing expert guidance and advice on strategy, operations, and organisational matters,” says Iman. “A strategic consultancy such as MRI provides companies with valuable expertise, objectivity, cost-effectiveness, efficiency, and risk management in understanding the changing corporate, regional, and global terrain.”
By understanding the newly emerging corporate, regional, and global panorama, strategic consultants help companies develop risk management strategies and contingency plans to ensure business continuity and mitigate risk to their operations. Outsourcing a strategic consultancy is a cost-effective way to gain access to expertise and resources that may not be available in-house. It also allows companies to avoid the costs of hiring and training new employees and provides flexibility in terms of the duration and scope of the engagement.
The corporate landscape is constantly evolving as new technologies, market trends, and competitors emerge. By keeping up with these changes through a strategic consultancy, companies can adapt their business models and stay ahead of the competition. A strategic consultancy can also identify new opportunities for growth and innovation, as well as anticipate potential threats and challenges. Staying informed through a strategic consultancy allows companies to make better decisions about where to invest, how to allocate resources, and how to compete successfully in the domestic and global marketplace.