Project Feasibility Studies and Business Plan Development
New businesses are created by entrepreneurs who envision an opportunity to develop a new product or service. While these visionaries start with solid ideas to form the foundation of their new ventures, most do not have many of the skills necessary to transform their ideas into reality. Additionally, the scarcity of talent in today’s market makes it extremely difficult particularly for small and mid-sized business owners to attract and retain those skills. Icos has substantial experience in helping these businesses translate their business ideas into reality through feasibility studies and development of business plans. We have established routines and trusted capabilities for executing large and complex feasibility studies and develop business plans, spanning different industries.
OUR APPROACH AND VALUE PROPOSITION
We have a consulting model that creates innovative solutions and builds capabilities at the same time. Rather than tell clients what they should do, we help them discover their own highest-value opportunities through rigorous, fact-based analysis of their sectors, customers, stakeholders, and competitors.
Although every client and engagement is different, the following basic principles inform our approach.
. Evidence-based – We confront each challenge or opportunity without preconceived notions, and our recommendations are based on facts rather than assumptions. Every solution we propose is informed by a combination of in-depth research and rigorous analysis and is tailored to the specific dynamics of the client’s organization. We support our research with the use of proprietary digital data gathering and analysis tools.
. Competence and real-world expertise – Our multidisciplinary team is skilled in strategic management, governance and leadership, monitoring and evaluation, economics, marketing management, information systems, public health, project management, education and training, financial management, and human resource management. Our experts bring real-world experience and hands-on involvement to every engagement. We bring deep sector and industry expertise to each client we serve, gained from both direct sector and industry experience and a wide range of consulting engagements. We use a broad base of experience to analyze problems and provide insightful solutions. Our processes and methods have been refined over the years.
. Diverse network of consultants and regional presence. Solving complex and unique problems that face organizations today demands a wide range of skills and experiences. By relying on a nationally distributed talent base coordinated to work together from the center, Icos brings together the skills required by a particular client. Icos also has a network of specialist consultants, researchers and experienced data collectors at regional capital cities and other larger towns that it engages on project basis.
. Collaborative: Our senior consultants lead every assignment and are 'on the ground' to work together with client teams. This joint team approach is critical to develop solutions that are uniquely tailored to the organization’s needs and to ensure a sense of ownership throughout. Our collaborative approach fosters constructive change in organizations and helps achieve the joint accountability and buy-in required to make change stick.
. Facilitator and Catalyst: We believe that the most valuable contribution any outside adviser can bring is revealing that the capabilities and insights within the organization are capable of producing real change. But we bring fresh perspective to bear on complex issues. We help clients see their organizations in new ways and broaden their sense of what is possible.
. Value-focused and practical: We only recommend what we believe in and what is both pragmatic and actionable. And we’re accountable. We will not take on an assignment unless we are confident that our work will produce tangible results. We don't offer advice that's impractical to execute.