Our Consulting
We, humans are bound by relations. Counseling sessions act as a shield in protecting the relations. During the course of life, we develop so many relations but only some of them have an impact on us. Counseling helps to recognize those relations and to act positively on them!
Marketing Strategy Planning
Any firm that wants to succeed needs a marketing plan. Without one, an organization has no systematic approach for promoting itself to potential clients. The alternative is a haphazard, start-and-stop, inefficient effort that wastes time and money two valuable resources no professional services firm can afford to squander. However, the marketing planning process that works well for consumer products, industrial goods or not-for-profits is not well suited for professional services. This is a lesson we have learned after many years of working across these fields.
Market Research & Analysis
The only department which generates revenue is marketing. Marketing has an important role in revenue & performance of business. It is a physical touch point between consumer and company which represents the company to the outside world. To manage marketing is very important for a company to run and grow the business. It has to be effective enough to sustain the company in a competitive market. Market Research & analysis includes setting up the aim of business to forming growth strategies. It also includes future planning, evaluating and analyzing business continuously. It creates a roadmap for a company to move further which provides guidelines to each and every point of execution. It forms strategies and helps higher management to take important decisions.
Digital Strategy
A winning digital strategy balances today’s needs with tomorrow’s opportunities. We apply the digital strategy “Today Forward, Future Back” approach to deliver immediate, tangible benefits that propel you into your digital future. The future is unfolding more quickly and unpredictably than ever before. Disruption and innovation are redefining entire industries virtually overnight. Profit pools are shifting. Customer habits and expectations are changing. Ecosystems are evolving, and regulations are intensifying. To thrive amid these profound changes you need a strategy that meets today’s challenges and seizes tomorrow’s opportunities.
Brand Building
Our approach helps you build internal processes that are flexible, so you can test for results and adapt continuously and quickly. We’ll help you bring agility to the way you work, making rigorous test-and-learn capabilities a core element of your marketing culture. Your reputation has two parts. The first is your general reputation. “They are a good firm” is how a referral source may express this sentiment. The second part of your reputation is what expertise your firm is known for. This more specific reputation might be expressed as, “They are the top experts in historic tax credits” or “They are the go-to firm for cross-border acquisitions in the tech industry.” Why does this matter? Our research shows that firms known for their expertise in specific areas get 60% more referrals. That is a major impact. But reputation alone doesn’t capture the full scope of a brand. You must also add in the dimension of visibility. How well known is your firm in your target market? The better and more specific your reputation and the greater your visibility, the stronger your brand will be.
Advertisement
Advertising is a means of communication with the users of a product or service. Farol will help you in advertising so you can easily advertise your products and services. Advertising is always present, though people may not be aware of it. In today’s world, advertising uses every possible media to get its message through. It does this via television, print (newspapers, magazines, journals etc), radio, press, internet, direct selling, hoardings, mailers, contests, sponsorships, posters, clothes, events, colors, sounds, visuals and even people (endorsements).
Lead Generation & Management
Where traditional marketing methods such as email blasts used to be enough to draw customers, the increase of competition and information abundance is making it more difficult for companies to track, reach, and engage with potential customers. Lead generation, the marketing process of stimulating and capturing interest in a product or service for the purpose of developing a sales pipeline, allows companies to nurture targets until they’re ready to buy. Lead generation can be useful for any type or size of business, and for both B2C and B2B spaces. Sixty percent of marketers state that lead generation is a key pain point for their company. Determining a good lead is more complex than just targeting people who downloaded your white paper, and it’s important that your sales reps don’t waste their time cold calling unqualified leads when there are ways to narrow down the pool.
A Game Plan To Convert Prospects Into Raving Customers
Accounts and Legal Compliance
We do system and Audit of Accounts and legal compliance to rest assured that whether all compliances have been fulfilled by the client so far or not . All liabilities like govt dues, creditors, guarantee given to banks and financial institutes.
Market Survey and Brand Image
Any investor would like to see first that what customers think about the product of the company, degree of acceptance of the product etc.so can project the future business and profit
Feasibility of Future Expansion
Any investor will be more interested only if he can see the consistent free flow growth in the business along with maintaining existing business . For future projection of the business, Due diligence service is required to see the possibility of expansion in short and long term
Valuation of Assets
Even while buying a small house, a Certified Civil Engineer gives a detailed valuation report of the property which gives an idea to the bank who is issuing the loan and to the buyer also to make a decision comparing with the market value. This valuation report gives an idea about the age of the property. Same way all assets mentioned in the Balance Sheet
Supply Chain Management
Our Capabilities in End-to-End Supply Chain Optimization: We help companies reach peak supply chain performance by improving the metrics critical to success: Cost, such as operational expenditures. Speed, such as order fulfilment lead time. Delivery, such as forecast accuracy. We begin each supply chain engagement by evaluating a company’s site and market. We assess the performance of the current chain and identify essential areas for improvement. Then we conduct a comprehensive diagnostic analysis that covers everything from a company’s strategy, network, and processes to its organization, systems, and people. We deliver a detailed implementation plan that we can also help execute.
Warehouse Management
Any business that stores items in a warehouse knows that effective management is the difference between fulfilling customer orders quickly and accurately while keeping costs down versus hearing complaints about delayed or inaccurate shipments and higher operating costs. Warehouse management encompasses the principles and processes involved in running the day-to-day operations of a warehouse. At a high level, this includes receiving and organizing warehouse space, scheduling labor, managing inventory and fulfilling orders. Zoom in closer and you’ll see that effective warehouse management involves optimizing and integrating each of those processes to ensure all aspects of a warehouse operation work together to increase productivity and keep costs low.
Logistic Management
Logistics management is a detailed process of organizing and implementing an operation. When it comes to business, that process is the flow of work from the beginning to the end, in order to fulfill customer expectations as well as those of your organization. The points are include in logistic management are Efficient arrangement of maintaining finished outgoing material, Contracts and agreement with logistic companies/transporter considering safety of material for timely delivery of the material, Coordination with Procurement , production and marketing department, Minimum inventory of finished material based on various aspects, FIFO based order processing system, Hands on Stock statement for booking the orders and committed deliveries to the customers.
Vendor Management
Vendors provide services to your organization, but effectively managing all these relationships to monitor performance, mitigate risks, and reduce cost can be difficult—particularly when multiple departments and individuals are involved. We can work with you to develop or administer your vendor management program so you can better: Identify the appropriate factors to consider when profiling your vendors, Assess and classify the risk level of each vendor for structured due diligence, Track your vendors’ performance over time as conditions change, Mitigate the inherent risk to your organization. We can also evaluate your current vendor management program and provide recommendations for improvement.
Inventory Management
How to manage minimum inventory level, System of ZERO Inventory, Storage of raw material for easy identification and easy accessibility, Development of Strategic Sourcing, Making sourcing with reverse engineering, Inhouse Lab for checking quality of incoming material, Vendors’ Development and registration Process, Terms and conditions and agreement with vendors.
Production Management
The thing that are cover in the production management consulting are – How to minimise channel of process of production for speedy outcome and with minimum labour, System of production planning for timely delivery of material in the market, Research and Development for continuous improvement in quality, Maximum production with minimum wastage, Planning of best usage of wastage, Developing Packaging Material and packaging Standards, How to minimise cost of packaging material and packaging process at economical way with speedy production and ready for despatch, Management of maintaining finished material, Maintenance of plant and machinery, Safety measures of labour and other staff in the factory along with keeping good ambience for better work environment.
Administration Management
Administering benefits can be challenging, especially in today’s ever-changing environment. From how your participants and members feel when they contact you to how easily they can access their information, your benefits administration should connect seamlessly with every other aspect of your organization. We’ll work with you to improve your benefits administration processes, operations, technology and service delivery from the ground up and help you achieve your short and long-term goals.
Account & Finance Management
A system for monitoring cash flow system, Accounting system for books of accounts and to see into it their all finance related transactions are properly done and to be audited through internal auditors, To see any other subsidy or availability of finance aid by government for the respective industry, Timely submission of all legal returns to all government department in coordination with legal department. With fierce competitive pressure and an ever-increasing need to do more with less, organizations must accelerate the pace of transformation. Based on our years of operational experience we find there are six key transformational levers all organizations need to balance to help achieve the greatest results.
Legal Compliance Management
Legal Compliance continues to be complex business challenges. As new laws and regulations are introduced, their requirements challenge boards to greater levels of transparency, objectivity and professionalism. Increased accountability and potential exposure to liability means directors need to ensure that corporate governance standards are adhered to and robust compliance management systems are in place. Farol can assist directors and management to identify the applicable laws and regulations to better understand the regulatory environment. Our approach combines an analysis of the legal framework together with an assessment of the systems and processes which can help to ensure compliance and sound corporate governance. System of all legal compliance to avoid any kind of heavy penalty or loss in future and statutory audit systems.
Product Packaging
The thing that are cover in the production management consulting are – How to minimise channel of process of production for speedy outcome and with minimum labour, System of production planning for timely delivery of material in the market, Research and Development for continuous improvement in quality, Maximum production with minimum wastage, Planning of best usage of wastage, Developing Packaging Material and packaging Standards, How to minimise cost of packaging material and packaging process at economical way with speedy production and ready for despatch, Management of maintaining finished material, Maintenance of plant and machinery, Safety measures of labour and other staff in the factory along with keeping good ambience for better work environment.
Business Management Training
Individual business owners & Companies always want to ensure that themselves and their team are both up to date with regards to management and business strategies as well as confident in their training and ability. Many CEOs look to training and seminars in order to educate and motivate their managers.Their hope is that an increase in manager know-how and morale will lead to an increase in workforce productivity. In this business management training our experts are always with you and teach you all ins and outs of a complete business management.
Sales & Marketing Training
While some people may possess an extroverted “sales personality” that makes them a natural fit for the career, effective selling is still a skill that must be developed. This Sales & Marketing Training can help aspiring you to develop and practice the skills you need to succeed and increase your confidence level.
Leadership Training
Leadership Development starts with assessing and understanding the skills, personalities and behaviors of your Executive Team. Once those characteristics are identified, a growth plan is developed where leaders can further develop their strengths and become more aware of their weaknesses. Farol can develop a Leadership Program for your future leaders based on your organization’s Culture, Values, and Vision.
Business Development
We love startup business development. We help startup CEOs research the market and develop a cohesive strategic partner plan. We develop the value proposition, pitch, business case and model. We build and manage a robust partner outreach process. We make connections, build relationships, and drive the discussions forward. We negotiate, close, measure, and monitor. In short, we “offload” the heavy lifting and help you move faster and more efficiently.
Sales & Marketing Strategy
The best marketing and sales organizations are centered around the customer and rely on analytics, agile processes, and a test-and-learn culture to create more personalized experiences. For many companies, this requires transformation. Farol guides the way. Companies that win don’t just talk about customer experience. They prioritize it, spotlight it, and transform it. They make things easy: selling and marketing in a way that’s both convenient and relevant to customers. Traditional approaches don’t foster this seamless simplicity or the growth it sparks. What’s needed is a new paradigm: an integrated unification of marketing and sales. One that leverages a deep understanding of customers, cultivates experimentation, personalized experiences, and both learns and moves fast. We help companies develop the underlying human and technical capabilities along with the right processes, roles, and culture that enable a more agile, data-driven marketing and sales organization.
Training & Mentoring
The path to business ownership is an exciting journey. As you embark on your journey, you need a few things to successfully reach your destination. First and foremost, you need a good roadmap or GPS to successfully navigate your way. Whatever startup route lies ahead of you, the Startup Roadmap provides direction along the way. It will help you chart a course to success, minimizing detours and dead ends so you can get to your goal faster. This Roadmap will take you from the initial step of defining your business idea through your ultimate destination: launching your business. In each chapter, we’ll teach you what you need to do and give you the resources and expertise you need to get it done.
Selection of the Type of Business
A detailed study is done with the background of promoters about their interest , experience , availability of infrastructure and finance to come to the conclusion about the type of the business to be done like service industry , Trading , Manufacturing , segments and many more parameters are considered.
Vendors Development and Assessment
Once we arrive at the conclusion jointly, we find out the suppliers and make a long term agreement of the business with suppliers doing vendor development activities.
Marketing Consulting
After above three stages , FAROL offers marketing services to get the client consistent growth of the business. Not only Consulting service but we also monitor that execution is done as per the target. We help you achieve sustainable, organic growth by putting your customers at the center of your company’s strategy. Our approach tests every element of your customers’ experience, delivering optimal interactions at every touchpoint. From our breakthrough research on customer loyalty to our proven approach to customer episode redesign, we offer the insights to help you realize the full sales and marketing potential. That includes our Net Promoter System, the gold standard in frameworks for measuring customer loyalty and maximizing its power for your bottom line.
Operational Consulting
Once the outsourcing and marketing strategy is finalised, FAROL helps to make the company system oriented to avoid conventional man oriented organisation. How to manage minimum inventory level, System of ZERO Inventory, Storage of raw material for easy identification and easy accessibility, Development of Strategic Sourcing, Making sourcing with reverse engineering, Inhouse Lab for checking quality of incoming material, Vendors’ Development and registration Process, Terms and conditions and agreement with vendors
HR Consulting
Expert team of FAROL provides services in helping recruitment, employees’ profile, organisation structure, training to employees in context of vision and mission of the company. Managing talent well has become crucial for finding opportunity in the midst of change, as leaders must shape a workforce with the skills to deliver on strategy now and in the future. Financial capital isn’t the main limiting factor in rising to today’s challenges, talent is. The key to success is a talent-first mindset. Too many organizations go from initiative to implementation without thinking about the talent required. By putting talent first, the human resources function becomes a true driver of business value.
Talent Acquisition
At Farol, we design Talent Acquisition models that utilize efficient and productive processes which are easy to use and candidate-centric, building them around a company’s strengths. We do not employ a one-size-fits-all model, but rather build a TA Model that is unique to your organization. With our combined experience of both Executive Search Leaders, HR Leaders and Talent Leaders, we bring years of experience, research, case studies and science to develop the perfect model for your needs. This includes elements of employment branding, outreach, networking and marketing to continually build and enhance the talent pool for your organization.
Training & Development
Your employees are your greatest asset, and training helps develop them to their full potential. As technology advances and workplace methods and strategies improve, there comes a need for employers and employees to align with these changes in terms of knowledge, skills, values and abilities. One of the best ways to enhance knowledge and skills is through training. Getting employees exposed to relevant and consistent training can help companies improve performance and increase results in the workplace. Provide your managers and supervisors with the educational tools they need to be the best managers in your industry, and the tools they need to succeed and grow with your organization.
Performance Management
Performance management lets you involve your employees, as individuals and as part of a group, in improving organizational effectiveness as you all work to accomplish your organization’s vision and strategy. We will help you make decisions to run your business, provide leadership, review results and diagnose problems, and set goals and expectations. Our team helps you ensure alignment, create tiered metrics, define root causes of financial performance, tie customer measures to need, employ performance monitoring and management, and understand limits. We begin by developing a thorough understanding of enterprise direction, its vision and strategy, scorecard dimensions, and key performance indicators. Next, we develop organizational and departmental critical success factors and key performance indicators.
Strategic Workforce Planning
Strategic Workforce Planning and overall business planning should go hand-in-hand. Yet many organizations draw an artificial line between them. Our broad range of global capabilities contributes to a holistic approach that covers comprehensive dimensions of strategy. Major challenges for Workforce Planning include recruiting, retention, organization design, learning development, compensation and benefits. This integrated approach provides insight into which talent segments deliver high returns and need greater investment. To help make it happen, we offer services in the following areas: Talent Management, HR Technology, Workforce Analytics, Demand Planning, Labor Economics.
