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Very Good Assessments
VGO assessments are intense, on-site, multi-day processes that help our clients to recognize opportunities, estimate their potential, and determine how to capture that potential. Our assessments are focused and efficient, and they yield results that combine the client’s specific business expertise with VGO expertise. For our typical client,
assessments target opportunities that will capture many millions of dollars
of increased profits or reduced costs per year.
What VGO brings to an assessment is a great deal of experience in prior successful assessment engagements, as well as deep experience with technologies that can be used by our clients to attain new levels of performance.
The structure of an assessment will vary depending on a client’s needs and depending on the nature of the projects being considered, but a typical VGO assessment project would proceed in this way:
- Examine the processes under consideration
- Conduct interviews with individuals responsible for the processes under consideration
- Examine documentation of the process documentation
- Develop recommendations for improving the processes
- Present recommendations to stakeholders in the client organization
VGO seeks a high level of client involvement in the assessment process, so that the resulting recommendations include as much client input as possible. Typically one or more members of the client organization will participate in each of the assessment activities.
The outcome of a typical VGO assessment is a set of recommendations for the client, together with an action plan to implement them and
estimates of the economic impact of implementing those recommendations.
Our clients often characterize VGO assessments as demanding, rich, instructive experiences with benefits that go far beyond the recommendations that the process produces. In nearly every assessment our associates have engaged in, the client has gone on to implement a highly successful project designed during the assessment process.
Past successes...
VGO associates have carried out hundreds of assessments for their clients. Some successes include:
- Helping manufacturing clients to understand their sources of demand forecasting error and plan for dramatically reducing their demand forecasting error rates
- Designing supply chain solutions that will save clients hundreds of millions of dollars per year
- Designing data mining projects that will produce insights worth tens of millions of dollars per year
- Designing decision support solutions that will capture tens of millions of dollars per year in reduced costs
- Designing pricing strategies that helped integrate manufacturing needs, requirements on sales, and models of bidding success in order to smooth production and increase profits
- Designing simulation approaches to support corporate expansions such as doubling a major client’s inventory of retail outlets
- Helping major energy companies to plan for expansions into new leased fields
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