ICC’s Strategy & Management services help clients to structure their business challenges in a way that makes them tractable, turning often aspirational goals into achievable business objectives that leverage market opportunities and that are decomposed into manageable operational steps.
Ultimately, strategy is about the set of coherent actions that managers take to increase their company’s performance.
“Management is about human beings. Its task is to make people capable of joint performance, to make their strengths effective and their weaknesses irrelevant.” (Peter Drucker).
ICC’s approach is to link strategy to management, so that strategy is “managed” right from the initial design through its implementation
We use a systematic approach to determining the optimum use of scarce resources, involving comparison of two or more alternatives in achieving a specific objective under the given assumptions and constraints.
Economic analysis takes into account the opportunity costs of resources employed and attempts to measure in monetary terms the private and social costs and benefits of a project to the community or economy.
Our social analysis is deeply influenced by our extensive experience conducting qualitative methods in gender-sensitive studies and our deep understanding of the needs and challenges faced by local businesses.
We combine economic and social analysis to understand not only direct but also indirect, second-round effects of investment projects.
Our Private Sector Development services include MSME development and Access to financial services.
Private Sector Development is a strategy for promoting economic growth and reducing poverty in developing countries by unlocking the potential of private initiatives such as enterprises and associations to develop competitive markets that reward innovation and efficiency and broaden economic opportunities in an inclusive way.
Our direct experience with local MSMEs provides us with a vantage point to provide advice to other market organizations such as industry associations and PPPs. We help create enabling conditions, identify business opportunities and catalyze private investment, both national and international.
ICC applies the principles of corporate strategic planning to strategic planning for the development of the private sector. As with corporations, private sector development (PSD) projects must start with a shared vision among all stakeholders. Where such a vision is lacking, is not clearly articulated, or is not shared by all stakeholders, ICC consultants can assist to define and disseminate the vision.
Objectives can then be translated into strategies, budgets and action plans that, if efficiently and effectively implemented, will result in the achievement of objectives and thus the realization of the vision.
ICC applies this strategic planning process at three levels:
For each of these three levels of strategic planning, ICC can not only help define, document and disseminate the strategies, but will also assist organizations to:
Micro Small and Medium enterprises (MSMEs) are critical for the economic and social development of emerging markets. They play a major role in creating jobs and generating income for low income people. They foster economic growth, social stability, and contribute to the development of a dynamic private sector.
As a Mozambican company, ICC advocated for the strengthening of the business culture in the country and the promotion of entrepreneurial attitudes at all levels of society, not just those that are more exposed to the booming sectors with mega-projects but across all sectors.
As such, ICC promotes the development of a diversified economy that is resilient of the risk of natural resource curse, through the strengthening of MSMEs so that natural resources can be transformed into inclusive and sustainable, economic and social development.
ICC works with financial service providers, regulators and donor organizations in the development of a competitive and inclusive financial sector as an effective way to promote and reduce poverty in developing countries.
ICC’s approach to promoting access to financial services is based on three paradigms:
In addressing access to financial services, ICC’s starting point is a comprehensive analysis of the market dynamics followed by the identification of interventions that will influence the core of the market system as well as the enabling environment and support functions that regulate and feed into the functioning of markets.
ICC uses the Making Markets Work for Poor (M4P) approach in which all stakeholders are included in the activities as appropriate and political, social and market forces are harnessed to deliver change from within. This offers strong value for money and sustainable results. An M4P approach provides an analytical framework for identifying the key market weaknesses that are undermining market efficiency.
This framework is used in the identification of the causes of market inefficiencies as opposed to the symptoms. In the financial services sector, the market system approach focuses on the creation of an environment that promotes the development of effective, inclusive and sustainable services.