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Platinum Black's intervention process runs on the Seven “Hats” methodology, offering three phases: Initial Assessment, Intervention, and Monitoring to create a solid foundation for business growth. The process involves visualizing the future structure, analyzing the current state, and implementing necessary changes.
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Platinum Black The Intervention Process
All business run onThe Seven “Hats” • Operations • Finance and Administration • Marketing • Human Resources • Information technology • Research and Development • Management, including Corporate Governance
Our approach • Three phases • Initial Assessment (1-2 weeks) • Intervention (2- 6 months) • Monitor (2 - 3 months)
The “Hats”– Methodology • Visualise the structure needed for a “hat” in 6 months’ time – to the exclusion of all others • Analyse where that structure is now • Is there a plan to move to 6 month position • Is the plan allocated a: - priority, timing, responsibility and authority? • If so – remove the ”hat” and move to next one • If not – Rectify the situation and DO IT!
The Initial Assessment • Components: • Software based Needs Analysis and risks (Done by means of Q&A session) • Personal Insights • Ratio Analysis Report
The Initial Assessment • Outcomes: • Initial Assessment and Needs Analysis Report • Potential costing for Intervention Phase • Ratio Analysis Report • PowerPoint presentation on all of the above
The Intervention • Meeting driven • Starts with Vision, Mission and Org structure • Focuses on strategy, systems and procedures • Requires client sign-off at all levels • Is a collaborative exercise • Objective is to create a solid foundation for business growth
The Intervention • Outcomes - intangible: • Change in mindset of owners/stakeholders • Buy in from staff • Better Corporate Governance through systems • Structured for future growth/profitability
The Intervention • Outcomes - tangible: • Documented systems throughout the business • PowerPoint presentation at end of each month • Hard copy of all issues discussed/implemeted • CD Rom for ease of access
The Monitoring Phase • To ensure that strategies, systems and procedures are being adhered to • Attendance at regular staff/management meetings • Review of results/financial performance on a monthly basis
Additional services • Through strategic alliances, the following services can be provided:- • Marketing and Public Relations • Financial Planning for Owners • Short and long-term insurance • Computer hardware and support • Staff placements
Who to chat to • Ian Reid B.COM MBA HNDT • Francois ToerienPhD, MBA
Contact details • Pear Tree House 37 Dean Street NEWLANDS 7700 Telephone : 021- 686 7315 Fax : 021- 689 7315 e-mail : ian@platinumblack.co.za francois@platinumblack.co.za www.platinumblack.co.za