Business Consulting, Digital Transformation Consulting DTC
We are the magic behind the company’s best days:
Ivy is the magic behind the best days of business, always looking for a better way to speed up your growth. Ivy provides Digital Transformation Consultants (DTC) to create a framework that is well aligned with industry best practices and the goals of your business to drive transformation initiatives.
If you would like to meet with us, please fill in our consultation form.
Top Ivy Techniques, Consulting Approach Tools.
Do you want to master those “magic” tricks
Top Ivy Consulting Techniques, Tools
01- Bottom-up approach:
Bottom-up approach. irrespective of what you are doing (waiting in an exceedingly line within the shop, optimizing your pick-up strategy in a very pub, or estimating the marketplace by Ivy ) you’ll possibly use this method to urge a rough estimation of a particular phenomenon. The technique is incredibly simple: you discover a typical user, estimate his consumption of a selected good and so by estimating what percentage of users you’ve got you’ll be able to get to a rough estimation of the market size. Below may be a short movie showing how it works in practice.
Top Ivy Consulting Techniques, Tools
02- Top-down approach:
Top-down approach. Sometimes you’ve got the dimensions of a selected market but you don’t have the dimensions of a particular part/segment of this market. For this, you’ll use the top-down approach within which you begin from the entire market and you are attempting to estimate how big a part of it’s. Below could be a short movie showing how it works in practice.
Top Ivy Consulting Techniques, Tools
3- Backward logic/reasoning :
Backward logic/reasoning. In many cases, you have got the top results and you would like to work out what proportion of effort/money you’ve got to place into a collection of actions to attain the required results. For such an exercise you’ll use backward logic. It’s perfect for estimating i.e. what quantity you have got to save lots of to shop for something in 5 years’ time, what percentage of new stores you’ve got to hospitable get to the set level of EBITDA, what number of visitors to your site you’ve got to own to attain a particular level of revenues from ads etc. Below may be a short movie showing how it works in practice:
- Over 145 Assignments of Consultation
- Consulting Techniques, Tools and Frameworks
- Connecting businesses, ideas, and people for greater impact
Top Ivy Consulting Techniques, Tools
4- Issue tree :
Issue tree. this system is heavily employed by consultants especially once you haven’t any prior knowledge of the industry or the world. You list the world, you guess problems, and define analyses that will facilitate your prove right or wrong guesses. maybe a short movie showing how it works in practice:
Top Ivy Consulting Techniques, Tools
5- Quick Wins (Low-Hanging Fruits) Framework – How to use it in practice – Management Consulting Tools
Low-hanging fruits. Management consultants are always searching for things that are easy to attain and produce a giant impact – this can be what we call low-hanging fruits. Those things have the best priorities when it involves implementation. one of the ways to impress a bunch of senior managers is to indicate to them such simple frameworks. this can be an old and straightforward but at the identical time very efficient method.
Top Ivy Consulting Techniques, Tools
6- KPIs ..... 7- Ivy Benchmarks
Benchmarks. If it can not be measured it can’t be managed – that’s the golden rule of management. That’s why you explore KPIs and check them out to define them for each business. However, even the cleverest KPIs are useless if you can’t define the correct level for those KPIs. do you have to serve the customer in 1 minute or even 10? How big should be your product? What price can we charge for it? To answer this kind of question you would like a degree of reference, which will tell you the way good or bad you’re at something. That’s why management consultants have benchmarks, preferably supported by the simplest practices in a specific industry. one among the explanations why consultants get the duty is that they claim to understand the benchmarks for the precise industry.
- Over 145 Assignments of Consultation
Top Ivy Consulting Techniques, Tools
8- Ivy 80/20 rule :
80/20 rule. 80/20 rule called also the Pareto Principle is incredibly old and still works in many cases. It states that 80% of the results come from 20% of the efforts. it’s very often rewritten in a bit different forms: 80% of profits come from 20% of consumers, 80% of problems are caused by 20% of machines, etc. In short, it says that you just should focus only on a particular group of the foremost important customers/problems/actions as they’ll have the largest impact on the result. Again focus is the most significant thing.
9- Ivy - Opportunity tree and KPIs : How to generate, prioritize ideas in business.
Opportunity tree and KPIs. the chance tree could be a bit the same as the difficulty tree. The difference here is that you just start with defining your business model using KPIs and you explore opportunities to maneuver those KPIs in the right direction. Below could be a short movie showing how it works in practice:
Top Ivy Consulting Techniques, Tools
10- Ivy Rankings, What are rankings and how to use them during consulting projects :
Rankings. very often you have got options that you simply want to somehow compare and rank. because of the ranking, you not only will give points to every and each option but you’ll be able to also sort them from the foremost wanted to the smallest amount desired. That’s why rankings are perfect if you wish to choose a product for further development or a rustic one where you ought to expand and conquer new territories. Below may be a short movie with some additional information on rankings:
Top Ivy Consulting Techniques, Tools
11- Ivy - Business Scenario Analysis to Quick Wins
Scenario Analysis. the longer term is pretty difficult to work out. You don’t know what’s going to happen. In those cases, it’s a decent idea to contemplate some different scenarios. Scenario analysis is great if there’s plenty of unpredictability within the business you’re analyzing and you wish to indicate to the customer that he may have problems (or huge benefits). Usually, you define 3 scenarios: pessimistic, realistic and optimistic, and use them to estimate which set of actions is best. you’ll be able to use it as an example to plan what proportion of product you must produce (depending on 3 scenarios about the weather), and whether to enter a particular market or not. Below you’ll be able to find a movie with a motivating example of scenario analysis:
Top Ivy Consulting Techniques, Tools
12- Ivy Egypt | UAE | USA , Learn about Manufacturing Wins Techniques
Lean Manufacturing. Another useful set of actions from production (apart from the speculation of constraints) is Lean Manufacturing. This philosophy treats everything that doesn’t create value from the customer’s point of considered waste and tries to eliminate or reduce this waste. The waste is often i.e. an excessive amount of walking around, an excessive amount of inventory, an excessive amount of processing, etc. Have a glance at a close overview of lean manufacturing techniques that I like to recommend using.
Top Ivy Consulting Techniques, Tools
13- Ivy UAE , Critical Chain to quick wins opposites
This is often the appliance of the idea of constraints to projects. In short, it says that folks will always fight for long comfortable deadlines. Once they’re going to get the long deadlines accepted since they’re lazy as hell, they’ll start engaged on their task at the very end (Parkinson’s Laws), and possibly they’ll fail their deadlines. The critical chain suggests that there’s the simplest way out of this loop. Below are more details on this beautiful simple method:
Top Ivy Consulting Techniques, Tools
14- Ivy UAE , Theory of constraints and bottlenecks
This is often the appliance of the idea of constraints to projects. In short, it says that folks will always fight for long comfortable deadlines. Once they’re going to get the long deadlines accepted since they’re lazy as hell, they’ll start engaged on their task at the very end (Parkinson’s Laws), and possibly they’ll fail their deadlines. The critical chain suggests that there’s the simplest way out of this loop. Below are more details on this beautiful simple method:
Top Ivy Consulting Techniques, Tools
15- Ivy Egypt , Decision Tree Analysis in business to Quick Wins
Decision Tree Analysis. the choice tree is one of the foremost useful tools that you simply can use during consulting projects to decide on the optimal solution. it’s especially useful if you’ve got to require under consideration probability and chance. Below could be a short movie showing how it works in practice.
Top Ivy Consulting Techniques, Tools
16- Ivy ,Cost-Benefit Analysis - Performance Improvement Project
Cost-Benefit Analysis. During most consulting projects you’ll be conducting countless cost-benefit analyses. during this kind of analysis, you’ve got to estimate the advantages of your proposed solution and compare them with the implied costs, likewise to Capex, and dealing with capital requirements. Usually, you may use the NPV to make a decision on whether something is competent or not. Let’s take a look at a brief example of such an analysis.
Top Ivy Consulting Techniques, Tools
17- Ivy simulations ,Cost-benefit analysis for changing the layout
Simulations. the long term is pretty difficult to work out. you’ll be able to use scenario analysis otherwise you check ALL the potential options and see which is perfect. this type of exercise is accustomed be very difficult but now with even Excel, you’ll be able to do very sophisticated simulations. Once you get the results from the case for potential options you’ll simply pick the most effective one. Imagine that you just could do the identical when choosing your husband or wife Let’s have a glance at how we are able to apply simulations to find the optimal production batch:
Top Ivy Consulting Techniques, Tools
18-Ivy USA -Sensitivity analysis and devise an optimal solution.
Sensitivity analysis. Once you develop an optimal solution you would like to determine how sensitive it’s to tiny changes in underlying assumptions. the answer is often pretty stable…. or very volatile. very often it’s better to own an optimal solution but a stable one than an answer that appears optimal but can easily become your biggest nightmare. this kind of research you’ll be doing all the time: when picking the simplest place for your factory, deciding whether to enter a market, which investment strategy is the best, etc. In other words, always check how stable/sensitive your solution is.
Top Ivy Consulting Techniques, Tools
19- Ivy - how to talk like a consultant -Top-down communication
Top-down communication. Management Consultants have a specific way of talking and presenting the whole story. They actually start with results and not what they have done to achieve them. Let’s have a look at a short movie on that.