Strategy & Advisory

A Team Within Your Team

We work directly with business leaders and product owners to advise and deliver strategy, easily!

With a FAR partner, you will get a team embedded within your organization to develop the overall organizational strategy. This strategy will define all levels and tactics in a measurable method supported by SMART goals.

Our strategy work extends your organization’s vision into strategy, plans, tactics and measurable activities that cover the entire company’s value chain.

In creating a long-term vision, our overall strategy, along with roadmaps and product strategies, will help you drive effort in a seamless way to reach your overall company goals.

Strategy Frameworks

We help our clients develop and execute these and other strategy frameworks:

  • Market Threats and Emerging Technology
  • Go-To-Market Strategy
  • Customer Experience Strategy
  • Sales Enablement
  • New And Evolving Business Models
  • Product Strategy
  • Customer Success

We support every framework with a variety of data, including:

  • Market Studies
  • Opportunity Alternatives
  • Competitive Landscapes
  • Market Size Studies
  • Business Model Evolution

Strategy & Advisory Case Studies

01

Industrial IOT Enterprise Strategy for Emerging Technology and Industry 4.0

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02

Transforming an LED lightbulb model into a Smart Product and evolving the business model from B2C to B2B2C.

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03

International Telecom Long-term Vision and Response to Competition Strategy

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01
A World-Leading Welding Equipment Manufacturer
Industrial IOT Enterprise Strategy for Emerging Technology and Industry 4.0

Strategy

A strategy engagement that focused on smart factories and emerging industrial IOT technology to transform product design and enterprise. This ultimately positioned the company as a leader in smart factories and the value chain.

What We Did

  • Conducted a comprehensive evaluation of the welding equipment industry
  • Performed a deconstruction of the industrial IOT platforms and ranking of best solutions
  • Created an emerging technology roadmap to enable the client to achieve digital transformation and adoption of AI in its manufactured equipment and factories
  • Generated an industrial IOT strategy and execution plan based on:
    • Competitive landscape
    • Welding equipment upgrade features
    • Industrial capabilities

Outcome

We successfully enabled our clients to transition to emerging technology based on Machine Learning and AI and to defend its existing market position as a leader in welding products and factories worldwide.

  • A short-term transformational strategy that ensured the client’s position as a leader in the industry
  • Long-term transformational plan to ensure the client remains a forefront leader in production and technology
  • Roadmap from the current situation to long term strategy
  • Evolutionary Business Model predicated on PaaS and Smart Chain Supply

02
LED lightbulb company
Transforming an LED lightbulb model into a Smart Product and evolving the business model from B2C to B2B2C.

Strategy

Evaluated and developed product strategy based on IOT full-stack and cloud services availability and data and sensors growth

What We Did

Our advisory and strategy team developed market/opportunity sizing models based on these three models:

  • Total Addressable Market (TAM)
  • Serviceable Available Market (SAM)
  • Serviceable Obtainable Market (SOM)

We also created a B2B2C business model that supported the product strategy.

Outcome

Our team created a long-term PaaS business model for B2C and B2B that extended the product lifecycle and transformed a capped opportunity into a global product with an unlimited market size.

03
Qatar Telecom
International Telecom Long-term Vision and Response to Competition Strategy

Strategy

In Qatar, the government opened up the communication market to open competition. Companies like Vodafone have been given access to compete in a country that was a market to only one telecom company, the state run one, Qatar Telecom. Qatar Telecom has worked with FAR on a 10-year vision and strategy that would lead to improvements in customer service and product in face of competition.

What We Did

Our team worked with other major strategy consulting companies to develop the 10-year vision.  From that vision, strategy was formulated and goals were set for Qatar Telecom over the next 10 years. Balanced scorecard models were customized across Customer Care, Network, Sales, Retail and Equipment, with the goal of creating measurable results that will track improvements.

Outcome

  • A comprehensive mission statement that draws from the 10-year vision plan.
  • Growth and improvement strategies to stand up to international competition.
  • An enterprise balanced scorecard approach to defining strategy and measuring results.
  • Rebranding to reflect the new company.
  • Qatar Telecom continues to strive in an open market competition against world leaders in Telecom.

SMALL BUSINESS IT SUPPORT, COMPLETE CARE