The Preliminary Survey
A rapid, practical and comprehensive review of performance
The Preliminary Survey normally requires between three and six weeks to complete and provides a rapid, practical and comprehensive review of performance, highlighting areas and opportunities for improvement. This phase is often described as operational due diligence. The opportunities are quantified in financial terms and the Survey then outlines the actions required in the form of a blueprint specifying how the necessary changes could be implemented and over what time-scale.
What the Survey Covers
- Carried out using sophisticated sampling techniques for detailed understanding in concentrated time
- Focus on working with people in their place of work, seeing issues first hand
- Minimises time required from line management
- Results provide objective review and scale of improvements available
- Can be used for M&A due diligence to identify profit improvement opportunities
- Gives all interested parties an objective review of the organisation
Mergers & Acquisitions
In relation to mergers and acquisitions, the Preliminary Survey can either be used as a mechanism for identifying cost savings and profit improvement opportunities within the acquired business beyond the straightforward elimination of duplicated activity; or it can be carried out across both businesses in order to maximise the total profit improvement potential.