GIZ - Business Consultancy for the Sustainable Operation of Innovation Hubs in Iraq, aimed to assess, restructure, and enhance the sustainability & strategy of four Business/Innovation Hubs in the country (the Station, Makers of Baghdad, Suli innovation house and Mosul space). The project has been implemented in collaboration between Wedo and Ambero.
The consultancy work has had the following methodology:
- Desk Study & Sustainability Strategy Review of each organization
- Stakeholder & client Interviews and surveys
- Consulting offline workshops with each organization
- One to one strategic session with each organization key personnel
- Recommendations for organization Improvement and strategy
Issues/Key challenges identified through consultations/workshops and one to one session
- Financial management and control issues
- Inter-departmental communications, organization policy & procedures
- Lack of market segmentation
- Lack of organization structure/non-relevant org. structure
- Lack of personal development of the staff
- Lack of departmental/units and employee KPIs
- Lack of diversification in services and revenue streams
- Lack of Donor relations and grants management
Solutions provided
Through tailored workshops, 1:1 group works and strategic sessions and capacity building, we have provided the following solutions:
- Develop a new financial control system tailored to the needs of each hub
- Developed a complete cashflow management system and monitoring tool
- Setting up KPIs for each unit/department and position with a toolkit to track the performance monthly or quarterly
- Restructuring the organization structure with complete set of documentation
- Address specific staffing issues with JDs
- Complete set of company/organization policy, procedures, and communication documents
- Plan & organize tailored staff development based on identified skills gaps
- Developed complete market segmentation plan for each organization
- Developed annual activity plan and road map for each organization
- Institutionalize a process for outreach activities
