• Technical Advisory Services
In today’s arena when a lot of industries are continually exposed to external and internal risks, it has become extremely important for businesses to leverage technology in order to achieve a desired and superlative business performance.
Red Venture’s management consultancy services are now combined to help enable a 360° view of challenges faced by our clients, which helps in achieving sustainable efficiency improvement on operations and process changes done towards improved profitability.
The Red Venture approach is structured to assist clients in various phases of their life cycle. Being an independent advisor with extensive knowledge and experience, Red Venture can help you achieve today, what you have set out for tomorrow.
While our professionals can provide a variety of alternatives to cater to our clients’ needs, we have in addition customized approaches catering to specific performance and technology related business challenges. Contact us for further information.
Our Key Services in the area of Management / Technical Advisory are
Analyse: Social, Economic, Financial System
Review: Literature, Government
Survey: Stakeholder, Participant, Social
Technology and System Feasibility Study
“An idea not coupled with action will never get any bigger than the brain cell it occupied”. Arnold H. Glasgow
For your ideas to be put in action we conduct a proactive study of how viable it is economically, socially, legally, technologically and otherwise. We subject the proposals to different levels of filtration and ensure that all risks associated with the project can be balanced out and ensure that the project will emerge as a milestone for your organisation.
IT Strategy and Governance
CEOs demand value for money from every part of the enterprise. Delivery of IT services that are aligned to business needs are, therefore, at the top of every CIO's agenda.
An effective IT environment requires not only a ‘fit-for-purpose’ enterprise architecture but also a right balance IT management (performance) and governance (control) focus. We believe a multi-pronged approach covering various aspects is a must.
Rapid value procurement
Focuses on consolidation of the supply base and enhancing strategic sourcing, contract management and inventory management through purchase execution and procurement process effectiveness.
Supply chain enhancement
Advice on lean manufacturing, operations, product lifecycle management, logistics, sourcing, and distribution.
Advice on setting up systems for planning, reporting and cost management in line with a client’s individual requirements.
Follow-up advice on planning and introducing shared service centers to realign the client’s value creation chain.
Operations transformation and cost management
Operations Transformation services can help clients realize value rapidly by improving profit, enhancing capability and managing procurement risks.
Profit enhancement
By identifying bottom-line savings and leveraging on detailed category specific knowledge. This is combined with some of the leading current procurement techniques and technologies to help deliver accelerated profit improvement from specific cost savings initiatives.
Capability enhancement
By building capability to help deliver long-term value from the supply base. This helps to sustain a company’s ability to deliver value by developing procurement infrastructure to consistently and effectively manage and control their third party expenditure.
Procurement risk management
By evaluating and addressing procurement risks in order to help manage exposure to corporate and legislative issues, as well as working with clients to develop robust risk management strategies.
Business integration
Red Venture's Business Integration offering helps organizations enhance value from their mergers and acquisitions. Our approach helps management understand and control the integration process, retain a sense of urgency, identify and respond to execution problems, and extract real value from the deal. Above all, client management retains control and responsibility for the integration process. Potential benefits include enhanced market credibility, reduced risk of value destruction, brand protection, and employee, customer and supplier retention Our Business Integration offering include Integration Risk Assessment, Synergy Assessment and Integration Program Management among others.
Customer management
Provide insights in to managing the entire life cycle of a customer, facilitate with visibility into customer segmentation and assist in increase customer retention and acquisition.
Implementation planning & Program management
Assist ongoing planning activities, development of program office, program advisory to manage quality, risks, issues and changes.
Finance Strategy
Developing a finance vision and strategy, which often involves an analysis of current processes, organizational structures, skills and competencies, information technology enablement, governance, operating environment/culture and business linkage, organizational design and development, support with decision-making processes and reporting and planning requirements, as well as assistance with finance systems.
Shared Services
Shared Service Centre (SSC) Strategy and feasibility: Examining whether it is appropriate and feasible to organize an SSC.
Analysis: Examining the current process structure in detail, initial signs of optimization potential can be identified here.
Concept: Developing ideal processes and the future design of HR, IT and organizational structures.
Implementation: Planning the move to the SSC and the detailed stages of the migration.
Operation: Support with start-up of activities in the SSC. Key questions in this phase: Are expectations met? Which aspects require fine tuning?
Further development: Establishing a continuous improvement process as the SSC is expanded.
Risk Consulting
Risk management should be embedded within the culture of the organization so that everyone is focused on managing and mitigating risk.
Risk management is not the responsibility of a single department — it is the responsibility of everyone, from the chief executive downwards. Past corporate failings have been attributed to lack of accountability, strategy and transparency.
Tougher expectations by regulators and other stakeholders now mean that corporates and financial institutions should demonstrate better discipline, control and responsibility. Failure to keep on top of and comply with existing and emerging regulation could jeopardize reputations and livelihoods. How robust is your government, risk and compliance program?
Financial risks have probably never been more acute. Capital reserves, credit portfolios, investment policies and capital and debt profiles all demand constant scrutiny to adequately manage and mitigate risk.
Companies should also be vigilant about risks presented by suppliers. A counterparty who defaults on a contract, or whose business collapses, can have serious financial and reputational ramifications for connected parties.
Fraud risks can also increase when cash is tight. Some employees become more opportunistic — and external hackers more resourceful. They find security lax in areas of the business that used to be better resourced … and they strike. Are your systems and policies sufficiently robust to ward off the risk of fraud?
At the same time, many companies are more likely to pursue litigation for losses that they would otherwise endure in more prosperous times. Disputes arise as they seek to apportion blame to other parties for inappropriate or negligent behavior that results in financial or business loss. Could you end up as an instigator or a defendant in a litigation case?
With these demands, internal audit is in many companies often elevated from pure compliance to a function that regularly reviews the risk profile for emerging risks and identifies trends as it keep its finger on the pulse of business performance. The chief risk officer, meanwhile, becomes increasingly involved in strategic decision-making where the emphasis is as much on risk as it is on growth.
Fortify your business. Our professionals provide the experience to help companies stay on track and deal with risks that could unhinge their business survival.