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SERVICES: Other Consulting Services
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In the quest to continually improve performance and gain competitive advantage, now more than ever, businesses require an advantage in human and knowledge capital. Creativity, technical skill, and business acumen are the scarcest assets in today's economy. But it's not just enough to have these assets at ones disposal, they must be integrated. And it's not just enough to integrate them by way of a handful of specialists assigned to work together; individuals themselves must posses integrated knowledge and skills, within themeselves.
- Where the company is short on people with the integrated expertise necessary to drive improvement, it must look beyond its walls. And in going beyond the company's walls, the ideal partners are those committed to passing along their insight to others.
- FE is such a partner, and we are proud to offer the following additional services, above and beyond our innovative core offering - the VDDW framework. As with our VDDW offering, our preferred approach is to work side-by-side with a client in a catalytic capacity, to help clients achieve mastery and deliver results themselves.
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Activity-Based Costing (ABC)
ABC is one of the core components of the VDDW approach, and we strongly recommend following the VDDW approach if you have any inclination of doing ABC. We will, however, work with clients who want simply to implement ABC on its own, and we are well capable of helping you build or implement your own ABC solution, large or small.
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The OLAP market continues to grow and for good reason. OLAP (online analytical processing) provides a distinct user experience that lends itself to powerful heuristic analysis and value capture, owing to 3 key factors: OLAP's speed to query, the selection of high-grade data visualization tools avaialbe for use with OLAP cubes, and the power of the MDX language. FE provides world-class OLAP design expertise.
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Pricing Execution & Integration
Price is one of the single greatest levers a company has at its disposal for improving performance. The problem is that there is a staggering amount and dispersion of data required to fully understand where pricing problems and opportunities exist. ABC is one of the critical inputs to pricing intelligence, but so are statistical mining systems, competitive intelligence systems, contract management systems, demand-elasiticity analyses, and more. FE can help you build the integration framework you need to pull the critical pieces together for your unique pricing analysis and optimization needs.
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System & Architectural Streamlining
Businesses today typically manage a large and ever expanding portfolio of applications, and we all know there's some fat to be trimmed. The costs of the system morass are great - ballooning storage requirements, over-worked IT staff with little capacity for important new initiatives, increased reliance on outside consultants, and more. FE can help you streamline your information supply chain.
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Innovation Incentive Framework (IIF)
In an increasingly competitive, globalized, information-based economy, employee innovation is a priceless asset. The problem is that there’s typically not much incentive for the rank-and-file to come forward with new and ground-breaking ideas. Applying an analogy from the brick-and-mortar world, innovation can be thought of as having its own supply chain – from concept to proof to value capture to full industrialization and institutionalization – with multiple players refining and adding to an idea on up thru its supply chain. Ensuring a healthy innovation supply chain requires rewarding those who raise or improve upon a good idea in proportion to the value they contributed and the benefits realized by the company. And supporting this requires the right framework, tools, and processes. Let FE help you implement an IIF.
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Got a bold and hairy strategic move you want to make, but in need of help to make it happen? FE's tactical creativity is unmatched. Let us help marshall your people, processes, and systems to get it done – done right, and done efficiently.
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