With the uncertainty of today’s global economy; the acceleration of new information technologies; and increased competitiveness in the market place; there are significant elements of strategic thinking that are necessary to ensure the continued success of an organization.
Parsec works with its clients to develop strategies that not only take advantage of the opportunities that may exist during turbulent times, but also enable them to reposition their organizations for long-term success.
We help by ‘thinking through’ the possibilities: our tools allow quantitative forecasting of the outcome of strategic options, putting numbers to the risks and ultimately selecting the strategic direction with the best overall fit for your situation, and one that withstands the encounter with your competitors.
Business simulation/systems dynamics modelling
Our services are science-based, so business simulation, or ‘system dynamics modelling’, is our preferred method of understanding the behaviour of complex business systems.
Our software allows us to capture the structure of any system (including the many circular, interlocking and time-delayed relationships that exist), we can simulate “what if” scenarios to test policies and gain a greater understanding of how a system may change over time.
This tool gives you a quantitative basis to select an action with maximum impact and minimal risk.
Scenario planning
Many organizations face situations of sometimes daunting uncertainty and risk. We are able to help our clients navigate those challenges by helping them manage the uncertainties. Often scenario planning is used to extrapolate existing trends into the future – but this only results in a slightly modified version of today’s situation. This approach is similar to driving a car by only looking in the rear-view mirror: past data are used to chart a course into the future.
Our approach is to look ahead and if the road ahead is unclear and hidden we prepare the course by focusing on the greatest potential obstacles. In our experience, scenario planning is most effective when it focused on the areas of greatest risk and volatility. This allows us to develop divergent sets of scenarios, which allow our clients to prepare for eventualities and also provide strategic options. Also, by analyzing alternative scenarios, we’re able to develop early-warning systems and strategic contingencies that an organization needs to consider when planning ahead.
Strategic planning
As part of our services, we’ve closely studied numerous best-practice companies and their planning processes. We recognize that to plan a successful strategy, key decisions need to be based on facts, sound communication and the involvement of all those expected to implement the strategy.
Game Theory
Sound strategy cannot be developed by merely looking at the client company. This is because most decisions have impact on and are impacted by the actions of other companies. Therefore, the best strategic choices can only be determined when considering the interdependency with the strategic decision of the competitors. While executives often have an intuitive sense for those interdependencies, we employ game theory as a rigorous quantitative tool to analyse the strategic decision space of all the players. This allows us to identify strategic choices for our clients, that survive the actions and reactions of other players. Game theory is a systematic tool to understand and take advantage of interdependencies.
Benchmarking
How do you quantify who is the best sales organization; the most responsive customer service department or the leanest manufacturing organization? We’re in the position of knowing. By studying and identifying quantitative benchmarks of best-practice, we can help clients scale new heights.
Mission and Vision building
Most executives realize the importance of an organizational vision and mission as a tool to shape the organization. Despite significant efforts to create such vision and mission documents, often they have little impact throughout the organization and they disappear soon after they are published.
Not only can we help establish the vision of an organization and the mission by which it is defined. We help create the vision and mission through a process and in a format that truly impacts the organization at all levels. We help create corporate visions and missions that work.
Organizational modelling and transformation
In order to achieve improved results, organizations occasionally need to execute large-scale transformation in the scope of people, process, technology or physical infrastructure. Parsec has the knowledge and experience to understand the activities, methodologies and techniques required to perform such transformations.
Strategic Human Capital Management
People are the lifeblood of any organization. It’s their skills that enable businesses to succeed. Our approach to Strategic Human Capital Management helps clients achieve more effective use of human talent by evaluating systems and implementing strategies.
By using a combination of each of these tools, Parsec helps clients build new capabilities by identifying and assessing performance. With our help, organizations can easily increase efficiency, competitiveness, short-term agility and long-term growth.
With the uncertainty of today’s global economy; the acceleration of new information technologies; and increased competitiveness in the market place; there are significant elements of strategic thinking that are necessary to ensure the continued success of an organization.
Parsec works with its clients to develop strategies that not only take advantage of the opportunities that may exist during turbulent times, but also enable them to reposition their organizations for long-term success.
We help by ‘thinking through’ the possibilities: our tools allow quantitative forecasting of the outcome of strategic options, putting numbers to the risks and ultimately selecting the strategic direction with the best overall fit for your situation, and one that withstands the encounter with your competitors.
Business simulation/systems dynamics modelling
Our services are science-based, so business simulation, or ‘system dynamics modelling’, is our preferred method of understanding the behaviour of complex business systems.
Our software allows us to capture the structure of any system (including the many circular, interlocking and time-delayed relationships that exist), we can simulate “what if” scenarios to test policies and gain a greater understanding of how a system may change over time.
This tool gives you a quantitative basis to select an action with maximum impact and minimal risk.
Scenario planning
Many organizations face situations of sometimes daunting uncertainty and risk. We are able to help our clients navigate those challenges by helping them manage the uncertainties. Often scenario planning is used to extrapolate existing trends into the future – but this only results in a slightly modified version of today’s situation. This approach is similar to driving a car by only looking in the rear-view mirror: past data are used to chart a course into the future.
Our approach is to look ahead and if the road ahead is unclear and hidden we prepare the course by focusing on the greatest potential obstacles. In our experience, scenario planning is most effective when it focused on the areas of greatest risk and volatility. This allows us to develop divergent sets of scenarios, which allow our clients to prepare for eventualities and also provide strategic options. Also, by analyzing alternative scenarios, we’re able to develop early-warning systems and strategic contingencies that an organization needs to consider when planning ahead.
Strategic planning
As part of our services, we’ve closely studied numerous best-practice companies and their planning processes. We recognize that to plan a successful strategy, key decisions need to be based on facts, sound communication and the involvement of all those expected to implement the strategy.
Game Theory
Sound strategy cannot be developed by merely looking at the client company. This is because most decisions have impact on and are impacted by the actions of other companies. Therefore, the best strategic choices can only be determined when considering the interdependency with the strategic decision of the competitors. While executives often have an intuitive sense for those interdependencies, we employ game theory as a rigorous quantitative tool to analyse the strategic decision space of all the players. This allows us to identify strategic choices for our clients, that survive the actions and reactions of other players. Game theory is a systematic tool to understand and take advantage of interdependencies.
Benchmarking
How do you quantify who is the best sales organization; the most responsive customer service department or the leanest manufacturing organization? We’re in the position of knowing. By studying and identifying quantitative benchmarks of best-practice, we can help clients scale new heights.
Mission and Vision building
Most executives realize the importance of an organizational vision and mission as a tool to shape the organization. Despite significant efforts to create such vision and mission documents, often they have little impact throughout the organization and they disappear soon after they are published.
Not only can we help establish the vision of an organization and the mission by which it is defined. We help create the vision and mission through a process and in a format that truly impacts the organization at all levels. We help create corporate visions and missions that work.
Organizational modelling and transformation
In order to achieve improved results, organizations occasionally need to execute large-scale transformation in the scope of people, process, technology or physical infrastructure. Parsec has the knowledge and experience to understand the activities, methodologies and techniques required to perform such transformations.
Strategic Human Capital Management
People are the lifeblood of any organization. It’s their skills that enable businesses to succeed. Our approach to Strategic Human Capital Management helps clients achieve more effective use of human talent by evaluating systems and implementing strategies.
By using a combination of each of these tools, Parsec helps clients build new capabilities by identifying and assessing performance. With our help, organizations can easily increase efficiency, competitiveness, short-term agility and long-term growth.