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FREE CONSULTANCY SERVICES FOR BUSINESSES IN DISTRESS

2010-1-23 17:04  作者: admin

On 23rd March 2009, the Institute of Management Consultants - Singapore

(IMCS), the body for management consultants in Singapore, announced that through its members, it is offering free onehour diagnostic consultancy services to business facing distress as a result of the economic downturn. Business owners can contact IMCS to arrange for a one-hour meeting with members of IMCS who are experienced management consultants. During the onehour meeting, the consultant will try to diagnose the problems that the business is facing and suggest possible solutions. The meeting is free-of-charge for the business owner. The areas of consultancy services that members of IMCS can provide include:

- Financial Restructuring

- Internal Business Processes

- Human Resource Planning

- Strategic Business Review

- Marketing

- Any other management consultancy area

This initiative is IMCS’ response to the fact that many businesses in Singapore are facing problems in many areas due to the economic uncertainty. As the national body for management consultants in Singapore, it is the corporate social responsibility of IMCS to try to help businesses with the problems they are facing.

During the SARS crisis in 2003, IMCS also introduced a similar initiative and helped many businesses with free consultancy advice from its members. Mr Suhaimi Salleh, Immediate Past President of IMCS and Chairman for this initiative, said “Most of our members who are management consultants derive their revenue when companies engage them for consultancy projects. During this period of economic uncertainty, it is timely that IMCS gives something back to the business community by offering free diagnostic consultancy services. It is also the hope of the consultancy community that companies and businesses emerge stronger from this economic crisis”.

Dr Teo Cheng Swee, President of IMCS, highlighted one of the main problems faced by small and medium sized enterprises (SMEs) is in obtaining a loan. He said Sometimes, the businesses may have a very good package but they do not know how to present it to the bank. As a result, the bank sees it in a more negative light as compared to real situation. We are there to help them repackage the presentation to the bank, to make it look good and perhaps by doing that, they will be able to get better facilities from the bank.”

 

For more information, visit

www.imcsingapore.org