Your roadmap to practice efficiency

Understand the gaps and find opportunities across your practice with an independent Gap Analysis and Action Plan from Tangelo

Benefits to your business

  • Assessment is undertaken independently

  • You are engaged thoroughly through the process

  • You become aware of the critical gaps and areas of focus for your business

  • You are left with a clear “plan of attack”

  • Focuses on the core issues, not a “tick a box” type traditional legal review

  • Provides a view of the areas where you are performing strongly.

You’re in control with our modular and people-driven approach

You choose a comprehensive review or pick and choose the modules you want to focus on.

Our review typically takes 4-6 weeks and can be scheduled to meet the needs of your business.

Advice Practice Gap Assessment & Action Plan

  • -Organisational competence

    -Capability and role clarity

    -Training and development

  • -Advice process review

    -BAU and operational process

    -Commercial overlay

  • -Assess business and advice risks

    -Review controls and mitigants

  • -Assessment of business policies

    -Implementation of licensee policies in your business process

    1. A draft initial report for feedback and comment

    2. A final clear, concise report on the gaps and strengths observed in each area, including an action plan with longer term priorities and quick wins that can be implemented

    3. A detailed outcome meeting with management and/or the Board.

Case study: “We don’t even know where to begin”

A practice with 25 staff got absolute clarity around what their gaps were, so they could improve efficiency and service

The challenge

We worked with a practice within a licensee which had a few very committed and hard-working advisers and a large number of support staff. They had strong revenue and an unblemished compliance record but the leaders in the business were all working weekends just to get by.

What we did

We performed a “gap analysis” identifying what we saw as the issues around people, policy, process and governance. Through this process we determined that the practice was over engineering their service offering and could apply a “less is more” approach to compliance.

Questions? Book a call with us and let’s talk