Solutions
I-novate Performance Index :-
Enterprise Scorecards:
These services are directed towards improving operational performance and creating competitive and marketplace advantage resulting in financial results for the company. Enterprise Performance Services include
Translating Setting up Enterprise-wide balanced scorecards
Achieving Breakthrough Performance using Six Sigma methodology
These services are designed based on these 2 conceptual platforms:
Business Process Management (BPM)… builds the framework to create strategic alignment, measures business processes using metrics aligned with business goals, and identifies performance gaps that have the most impact on the customer experience and on achieving desired 
business results.
Breakthrough Performance Model (BPM)… is a systematic problem solving methodology to close the performance gaps identified. It provides a data driven approach to identify root causes and reduce the impact of inefficiencies in your processes that cause customer dissatisfaction and loss of profitability.
Capability Enhancement:-
Process Performance Solutions focus on waste streams viz. resource efficiency, productivity and capacity utilization. We help our clients isolate process performance bottlenecks, establish programs/KPIs and enhance skills that deliver two pronged results:
allowing an immediate impact on business
enabling long term and sustainable performance improvements
Process Performance Solutions can be configured for application of breakthrough performance tools viz. Six Sigma Methodology.
Cost Reduction:
Using Activity Based Costing (ABC) methodology, we help our clients make strategic decisions, improve operating performance, reduce cost, evaluate shared services, and benchmark performance. Our clients also use ABC performance measures to populate their Balanced Scorecards.
We always build ABC models and systems to meet each client’s specific needs and desired results. Typical applications include cost management and customer profitability, budgeting and resource planning.
I-novate Strategy Benchmarks:-
Business Planning
Entrepreneurs and top management teams of start-ups, firms and corporate organizations who want to develop business plans which accelerate the move towards successful capital, strategic or operational up-scaling and transition.
We guide our clients through the creation of top-notch business plans, operations plan and financial projections, snapshot presentations and other supporting materials to powerfully present their company to - Private Equity Firms, Venture Capitalists, Corporate and Strategic Investors, Parent Companies, Merger or Acquisition Targets, Strategic Partners, Banks and Financial Firms, Key Customers, Boards of Directors or Advisors.
Typical Deliverables
Strategic and Successfully planned mandates by means of:
Feasibility assessment of new business ideas, expansion proposals and potential joint ventures
Ideas conversion into structured business plans
Facilitated interaction support with potential investors, joint ventures/alliance partners
Case Study:
A Mid-Size Company’s foraying into retail services sector.
Business Results
• Successful international collaborations
• Three new lines of business start-up within 6 months Approach
• Translate new business ideas into feasible business concepts
• Define business model and strategies
• Evaluate and present india story and company profile to potential business/equity partners Solutions
• Product and Market Analysis and Planning
• Develop business plan
• Carry out financial planning and budgeting
• Define strategies, structures, systems and plans for business plan roll-out Benefits
• First mover advantage in new line of business
• Pitch for private equity participations
Operations Strategy:-
Operations Strategy Services is focused on helping clients reinvent their operational processes and
outperform competitors. We help top management understand the need for an operations strategy. Because without one, they are constantly in reaction mode to catch up with strategic directions and business plans with no overriding plan for success.
Although there is no standard scope for operations strategy that applies to every organization. For most manufacturing organizations, cornerstone issues include:
Supply Chain Strategy, addressing policy, structure and processes for interaction of suppliers, customers, and your organization ensuring customer demand fulfillment
Manufacturing Strategy addresses issues that support the defined role of manufacturing as part of that supply chain for elements related to capacities, infrastructure, process technology, plant layout etc
Business and Supply Chain Integration of processes using IT tools and links with the rest of the organization and its support functions viz HR, IT, R&D, Finance, Sales/Marketing, etc.
Enterprise Change Management :-
Aimed at bringing radical yet non-disruptive transformation in organizations and help them overcome the ‘mediocrity trap’ and middle-age crisis. We help companies create an environment for successful change. We partner with them to identify and implement strategies and actions that support employees to adapt to new challenges, adopt high performance orientation and acquire new skills and behaviors.
Typical Deliverables
Demonstrable and Sustainable high performance orientation by:
Directions to promoters and management team on introduction of good business practices
Realigning organization structure, accountabilities and linking ‘pay to performance’
Recasting business strategy in line with core competencies and future directions
Implementing tools, templates and processes that will make change sustainable into the future
Case Study:
A Mid-Size Company grappling from changing from family controlled business to a professional corporate entity and rapidly improving their topline and bottomline performance.
Business Results
• Sales increase by 50%
• Gross Margin Increase by100% Approach
• Develop leadership agenda and Establish Common Vision
• Reorganization and Reengineering and Sales and key support processes
• Sought early, measurable wins
• Training of management team on leadership skills and operating team on soft skills Solutions
• Revamp of sales management system
• Reorganization of accounting and financial control system
• Implementation of HR Management system and performance appraisal of all key executives
• Implemented business performance monitoring systems
• ReCustomer communication, services and feedback system Benefits
• Breakthrough sales and gross margin results
• Cohesive and Focused Leadership
• Excellent cross functional teamwork
• High level of motivation
• Improved customer service
I-novate Performance Index :-
Enterprise Scorecards:
These services are directed towards improving operational performance and creating competitive and marketplace advantage resulting in financial results for the company. Enterprise Performance Services include
| |
Translating Setting up Enterprise-wide balanced scorecards |
|
Achieving Breakthrough Performance using Six Sigma methodology |
These services are designed based on these 2 conceptual platforms:
Business Process Management (BPM)… builds the framework to create strategic alignment, measures business processes using metrics aligned with business goals, and identifies performance gaps that have the most impact on the customer experience and on achieving desired business results.
Breakthrough Performance Model (BPM)… is a systematic problem solving methodology to close the performance gaps identified. It provides a data driven approach to identify root causes and reduce the impact of inefficiencies in your processes that cause customer dissatisfaction and loss of profitability.
Process Performance Solutions focus on waste streams viz. resource efficiency, productivity and capacity utilization. We help our clients isolate process performance bottlenecks, establish programs/KPIs and enhance skills that deliver two pronged results:
|
allowing an immediate impact on business |
|
enabling long term and sustainable performance improvements |
Process Performance Solutions can be configured for application of breakthrough performance tools viz. Six Sigma Methodology.
Cost Reduction:
Using Activity Based Costing (ABC) methodology, we help our clients make strategic decisions, improve operating performance, reduce cost, evaluate shared services, and benchmark performance. Our clients also use ABC performance measures to populate their Balanced Scorecards.
We always build ABC models and systems to meet each client’s specific needs and desired results. Typical applications include cost management and customer profitability, budgeting and resource planning.
I-novate Strategy Benchmarks:-
Business Planning
Entrepreneurs and top management teams of start-ups, firms and corporate organizations who want to develop business plans which accelerate the move towards successful capital, strategic or operational up-scaling and transition.
We guide our clients through the creation of top-notch business plans, operations plan and financial projections, snapshot presentations and other supporting materials to powerfully present their company to - Private Equity Firms, Venture Capitalists, Corporate and Strategic Investors, Parent Companies, Merger or Acquisition Targets, Strategic Partners, Banks and Financial Firms, Key Customers, Boards of Directors or Advisors.
Typical Deliverables
Strategic and Successfully planned mandates by means of:
|
Feasibility assessment of new business ideas, expansion proposals and potential joint ventures |
|
Ideas conversion into structured business plans |
|
Facilitated interaction support with potential investors, joint ventures/alliance partners |
Case Study:
A Mid-Size Company’s foraying into retail services sector.
Business Results
• Successful international collaborations
• Three new lines of business start-up within 6 months Approach
• Translate new business ideas into feasible business concepts
• Define business model and strategies
• Evaluate and present india story and company profile to potential business/equity partners Solutions
• Product and Market Analysis and Planning
• Develop business plan
• Carry out financial planning and budgeting
• Define strategies, structures, systems and plans for business plan roll-out Benefits
• First mover advantage in new line of business
• Pitch for private equity participations
Operations Strategy:-
Operations Strategy Services is focused on helping clients reinvent their operational processes and outperform competitors. We help top management understand the need for an operations strategy. Because without one, they are constantly in reaction mode to catch up with strategic directions and business plans with no overriding plan for success.
Although there is no standard scope for operations strategy that applies to every organization. For most manufacturing organizations, cornerstone issues include:
Supply Chain Strategy, addressing policy, structure and processes for interaction of suppliers, customers, and your organization ensuring customer demand fulfillment |
|
Manufacturing Strategy addresses issues that support the defined role of manufacturing as part of that supply chain for elements related to capacities, infrastructure, process technology, plant layout etc |
|
Business and Supply Chain Integration of processes using IT tools and links with the rest of the organization and its support functions viz HR, IT, R&D, Finance, Sales/Marketing, etc. |
Enterprise Change Management :-
Aimed at bringing radical yet non-disruptive transformation in organizations and help them overcome the ‘mediocrity trap’ and middle-age crisis. We help companies create an environment for successful change. We partner with them to identify and implement strategies and actions that support employees to adapt to new challenges, adopt high performance orientation and acquire new skills and behaviors.
Typical Deliverables
Demonstrable and Sustainable high performance orientation by:
Directions to promoters and management team on introduction of good business practices |
|
Realigning organization structure, accountabilities and linking ‘pay to performance’ |
|
Recasting business strategy in line with core competencies and future directions |
|
Implementing tools, templates and processes that will make change sustainable into the future |
Case Study:
A Mid-Size Company grappling from changing from family controlled business to a professional corporate entity and rapidly improving their topline and bottomline performance.
Business Results
• Sales increase by 50%
• Gross Margin Increase by100% Approach
• Develop leadership agenda and Establish Common Vision
• Reorganization and Reengineering and Sales and key support processes
• Sought early, measurable wins
• Training of management team on leadership skills and operating team on soft skills Solutions
• Revamp of sales management system
• Reorganization of accounting and financial control system
• Implementation of HR Management system and performance appraisal of all key executives
• Implemented business performance monitoring systems
• ReCustomer communication, services and feedback system Benefits
• Breakthrough sales and gross margin results
• Cohesive and Focused Leadership
• Excellent cross functional teamwork
• High level of motivation
• Improved customer service