Small and Medium Businesses (SMBs) in India and globally are largely underserved with regard to their requirements for Growth. This is the tremendous potential available for niche Business Consulting firms.
VentureBean, Consulting established in 2012, as a boutique business and management growth consulting organization assists SMBs globally, to grow revenues, profits and sustain high performance through customized solutions focused on business growth, process improvement, people development, and capital utilisation with measurable, sustainable outcomes. Over the last 10 years, VentureBean has served over 275 clients globally – USA, Europe, Middle East, South East Asia and India – across multiple sectors.
Mathew Isac, Founder-Director, is in charge of driving the next growth phase in VentureBean. He is an alumnus of IIM Ahmedabad, a 6-Sigma Black Belt in Business Processes, Certified Lean Change Agent and also an ICF-ACC Credentialled Executive and Leadership Coach.
Mathew affirms that VentureBean Consulting has seen demand for its expert services, over the past decade, stem broadly from 4 niches: SMBs which seek to break shackles of stagnant growth into the next business growth trajectory; Family Businesses transitioning to the next generation with larger, newer business vision; SMBs seeking to professionalise, expand globally and / or into newer opportunity areas; SMBs seeking coaching for their owners, promoters, partners, business/functional leaders and mid-management to adapt to change and develop a growth mind-set.
VentureBean’s approach involves a thorough, unique, bespoke baseline as is assessment of business processes and people, identifying areas for scalable improvement. Benchmarking is done with best-in-class industry standards. This is followed by a rigorous inter-linked Business Planning process with SMART goals for SBUs / functions and individual growth objectives. The differentiator is that VentureBean then proceeds to assist the SMB teams with governance, SOPs, coaching to help implement changes / achieve business objectives. This partnership results in VentureBean maintaining longer-term engagements with clients, constantly providing value through in-depth data-driven insights, closely linked to tangible business outcomes.
“We approach each client-business as our own. We think and act like business partners, not academic advisors. We share our clients’ aspirations, work to understand their reality, and align our outcomes with their objectives, so they know we’re in this together,” emphasizes Mathew.
Mathew asserts that his team at VentureBean is the key differentiator, with principals who have held leadership positions in some of the leading Indian / global organizations. They have extensive expertise in a variety of industries (IT, ITES, FMCG, BFSI, etc) and functions (Sales, Operations, IT, HR, L&D, Finance). The VentureBean Culture promotes high performance by focusing on individual and team aspirations that are aligned with company objectives while preserving a healthy balance. The firm was an early-adopter of the hybrid working model, which has proven to be scalable and impactful.
VentureBean has positioned itself as one of the most preferred SMB business and people advisor-partners in the global market.
VentureBean sees the future of consulting pivoting, with speed and agility being at a premium to adapt in real-time to ensure business continuity. Collaboration across the eco-system would help drive a unified approach focusing on client business and people growth. Also, flexibility and innovativeness of niche firms would help them compete favourably as against the larger Consulting firms in the large SMB area of business.
VentureBean is currently seeking to expand organically and inorganically across India (tier 1 and tier 2), and globally, with footprint in USA and Middle East / Africa.
Mathew concludes "We've seen that the need of the hour is to provide consistent value addition to the client across a period of time. We look forward to working with them as end-to-end solution partners across functions and time periods as they grow. Consolidation of vendor partners across business and sectors provides a tremendous opportunity for collaboration and value chain growth across the business, people, and finance processes.”
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