Family Business Management

Family businesses represent the combination of two different systems. The family value system and the business value system. These systems are governed by values that are ironically polar opposites. Hence, conflicts arise as the family and its members struggle to determine which values should be used for which problem.

At NiMble we have in depth skills and experience to understand what makes family and closely held businesses unique. Through our FBM team, we provide comprehensive and integrated solutions for both the family and the business. In our solution we incorporate family ties and which are appropriately connected to family values and best business practices. The strategies recommended are not theories - they are proven success strategies for family businesses which ensure its growth and family harmony.

Listing of the services:

  • Tri circle strategy – family / ownership / business management
  • Family Charter
  • Business Strategic Plan
  • Family Wealth Management Plan

We at NiMble believe that since every family is different, every family business is unique. Consequently, NiMble approaches each consultation with a "clean slate" and custom designs each consultation based on the initial information gathered in the engagement process. 

NiMble helps design a plan to strengthen, secure, and grow family businesses so it can thrive for generations to come.



Communication

Nimble Business Solution believes that a strategy for communication is critical to the success of an organization. Comprehensive communication strategy for at least three years and within that having an annual communication plan is an integral part of an overall strategy and planning of an organization irrespective of its size. A communication plan need not be an expensive proposition, one need to use ingenuity to develop a communication plan to minimize expenses and maximize return on investments.

Supply-Chain

We can define the supply chain as "the full range of activities which are required to bring a product or service from conception, through the different phases of production (involving a combination of physical transformation and the input of various producer services), delivery to final consumers and final disposal after use (Kaplinsky and Morris)." Nimble uses the above mentioned concept, to strategically recommend tools and actions to arrive at solutions.

Business Performance

Nimble Business Solutions gives equal importance to supporting the organization's management in their procurement process, therein increasing the efficiency, fairness and transparency of the expenditure for its resources is of top priority. Nimble Business Solution ensures that procurement is conducted in accordance with the terms and conditions of the contract, which may require that funds are used only for the purposes for which the funds are allotted. The Procurement Strategy provides the requisite guidance necessary to carry out the mandate for the client’s procurement.

Banking Technology

The banking software is the business engine for successful bank. Our banking solutions provide excellent and in-depth functional coverage coupled with state of art technologies.

Change Management

Managing change will require high level of discipline among the primary players where they co-operate with each other and sees each other as partners and not competitors. The realignment process will then set up the momentum of growth and prosperity for all the players and create an environment in which each of the player maximize their interest without causing hindrance in the growth of the others. The process of "Change" needs to be initiated at the earliest and the Nimble feels that the mobilization of the community is the initiation point of it. The desired outcome of the activity is a conceptualization of a common platform of activity, trade, and support in terms of both physical and financial hand holding.