There are many reasons to work with an outside consulting firm to build your business strategy: perhaps you want a third party to act as a sounding board, or you need expertise in a new market or industry. Whatever your reason, Farber can support you to realize your vision.
Our advisors are professionals with business experience who can help your organization clarify its objectives, identify its desired future state, bring insights into competitors and customers, and build alignment with your team. Our combination of a facts-based approach, rigorous process, and people-centricity sets us apart.
To maintain their competitive edge, companies need to continuously evolve by adopting best practices from outside their industry and engaging their people.
Our advisors specialize in developing holistic solutions that will help you clarify the different roles in your organization. We will rigorously evaluate your processes to identify those that need improvement, set up relevant and timely metrics, and drive accountability. Our aim is to unleash your people’s potential and ultimately help you create value.
Robotic automation can be a powerful tool for organizations, helping them perform select operational processes with consistency, higher quality, and lower costs. Leveraging proven business technologies that have recently become less costly and more effective, our team can deliver step-change results.
If automation is the answer, we’ll help you analyze the benefits and potential pitfalls, and build an implementation plan. We work with technology providers to ensure solutions are customized for your needs, and partner with you to implement the tools to scale your business.
Procurement & Expense Reduction
Purchased products and services for companies often exceed 80% of their cost base. This means that spend analytics, quality and efficiency of the supply chain, and cost reduction should top your business priorities.
We leverage our network of industry professionals to help you evaluate potential vendors, consider make-or-buy decisions, and analyze your existing purchasing processes and systems. Our experienced team will help you find creative ways to negotiate contracts and deliver savings. We align interests and put our skin in the game; we are confident we can help you save real money.
Done right, an organizational redesign can breathe new life into your business and inspire your team with a newfound energy for innovation. When a reorganization is done haphazardly, it can be a time-consuming and costly exercise that destroys morale and risks key talent.
Our team will help realign your business to its core strategy, reduce costs and redundancies, streamline decision-making, and increase your customer focus.
Change management involves striking the right balance of process and people, and we’ve assembled a team of experienced professionals who can help your organization maintain that balance.
We help your team ensure key performance indicators are lining up with your business’ overall strategy, and develop a methodology to nurture and guide your entire organization through the transition.
Business Modelling & Analytics
Businesses rarely grow in smooth, straight lines. There are peaks, valleys, and plateaus along the road, and although no model can predict it perfectly, the more you plan, the more effective your decision making becomes.
Our business modelling professionals create sophisticated financial models for companies at all stages in the business life cycle. Whether you’re a startup or mature business, we can help you understand the potential outcomes of your vision.