Advisory & Strategy
Advisory & Strategy services bring exciting opportunities to light. Through greater clarity and insight, leaders are armed to make better-informed decisions. Organizations are better positioned for growth and change.
SERVICE OFFERINGS
- Market Opportunity Analysis, Customer Growth Strategy
Identifying potential demand, those unmet needs or underserved markets that translate into revenue-generating opportunities for the client.
- New Product Feasibility Assessment
‘Discovery’ work such as defining the proposed product characteristics, assessing the competitive landscape, developing and justifying the business case.
- M&A Integration Planning
Comprehensively analyzing all technology platforms, business processes, and cultural characteristics. Conversion risk identification and mitigation strategy. Concrete planning to integrate both entities into a cohesive whole.
- Technology Roadmap Development
Identifying necessary capabilities to meet strategic objectives. Prioritization of potential efforts to pursue. High-level sizing and sequencing of projects.
- Org Transformation, Future State Operating Model Design
Designing the desired “to be” environment, including high-level functions, processes, governance, and organizational structure.
- Current State Assessment, Gap Analysis, Remediation
Assessing current working practices and the environment. Identifying gaps and deficiencies. Remediation as needed, often to become compliant with regulatory requirements.
- Independent Verification & Validation (IV&V)
- Root Cause Analysis
- Post-Mortem Review
- Cost Reduction Recommendations
- And many other Advisory & Strategy services that bring exciting opportunities to light and support leaders’ decision making.
CASE STUDIES
A large insurance company's annual strategic plans were costly to produce. These beautifully bound documents, often written by expensive management consulting firms, historically sat on shelves collecting dust.
A change in leadership one year jumpstarted the desire to take these strategies further, and RFC was engaged to bring the plans to life.
Immersion into the business strategy was the first step in determining the goals of the enterprise. From there, a systematic points-based prioritization model helped shape what capabilities were to be pursued – and in what order. Capabilities were carved into projects. Projects were then scoped, sized, ordered and sequenced. And in virtually no time, a comprehensive Technology Roadmap was set forth and executed upon.
This large insurance company ultimately realized the majority of the business benefits it sought after.
A global drug discovery company knew that it would soon fall out of compliance once an anticipated regulatory requirement took effect. Many of the systems and technologies used in this pharmaceutical setting would not meet the imminent standards imposed by the FDA.
Leaders engaged RFC to help them get their arms around the magnitude the problem so they could begin to fix it. Through analysis of hundreds of systems (including quality management, medical information, clinical trial, laboratory instrumentation and control equipment) against the specific regulation, impact was quickly determined.
This Current State Assessment was the foundation upon which a solid remediation plan was built.