University of Michigan Business School - Entertainment, Media & Sports
Club
Getting
Started
The
Process
About
Diagnostic
Analysis
Once
certified, your firm will begin working with Great Lakes TAAC staff
on a thorough diagnostic analysis, which will serve as the basis
for the adjustment plan.
This
will include:
An
in-depth examination of the firm's operations including its internal
and external environments.
Specific
attention to short-term problems, including financial need, that
are essential to completing an adequate survey and realistic adjustment
plan.
Assistance
to the firm in defining technical and financial needs that are
necessary to implement an adjustment strategy.
Adjustment
Plan
The
adjustment plan presents the firm's strengths, weaknesses and potential
problems, and includes a logical and practical strategy for recovery.
Technical assistance projects that the firm wishes to undertake
with the help of an outside consultant are also outlined in the
plan.
Most
firms choose projects in the following areas:
Accounting
Systems
Lean
Processes and Cost Reduction
Marketing
Production
Technology
Management
Information and Control Systems
ISO
9000, ISO 14000 and QS 9000 Certification
Product
Development
Each
plan is completely customized based on the firm, its industry, and
its situation. Technical assistance projects are prioritized according
to the immediate needs of the company.
The
plan must be submitted to the Department of Commerce for approval.
Once it has been approved, the implementation
of the projects may begin.
