Corporate Vision Issue 7
30 CORPORATE VISION / Issue 7 2018 , Avasant is a leadingmanagement consultingfirmfocusedon translating the power of technology into realisable business strategies. Recently, we sat downwithAvasant CEO, KevinS. Parikhwho provideduswith further insight into thefirmand their innovative solutions. Harnessing the Power of Innovation: A Digital Management Consulting Success Story Avasant specialises in Digital and IT transformation, Sourcing Advisory, Global Strategy, Managed Governance Services, Transformation, Intelligent Automation, and IT Price Benchmarking for companies in various stages of development. Avasant prides itself on delivering high value engagements through industry focused innovation and flexible client based solutions. The team at Avasant provides digital consulting services to top clients in a range of verticals including banking, financial services and insurance, healthcare and life sciences, technology and telecommunications, media and entertainment, private equity, public sector, retail and manufacturing, travel and transportation, utilities and resourcing, and social impact institutions. Avasant empowers their clients with innovative management consulting solutions focused on their practice areas. When discussing how the firm undertakes a new project, Kevin informs us of the steps the team at Avasant take to ensure that their clients receive the best possible outcome. “Avasant maintains a global team of multi-disciplinary IT experts, professionals, lawyers and management consultants, who are all equipped with a comprehensive library of industry best practices and database of benchmarking information. “For each new project, teams are curated carefully for not only their educational and experiential backgrounds, but also for strategic learning and growth opportunities, allowing a pairing of our best and brightest established consultants with our younger emerging minds. This process facilitates mentorship and knowledge transfer opportunities, continuing to furnish our bank of resources within the firm. Also, we thoughtfully optimise across time zones so that projects can benefit from continuous work and improvement.” 1712CV11 At Avasant, their business of providing advisory services is guided by the firm’s core objective of ‘Empowering Beyond’ - people, businesses, communities and countries to reach beyond the status quo and challenge their potential to acquire new levels of success. This objective drives the social, cultural and corporate vision of Avasant, as Kevin explains. “Here at Avasant, we consider it an honour to work in a global context where we can discharge this responsibility every day during the regular course of our business. Avasant works closely with governments and investment promotion agencies in emerging regions to bring sustainable investment. Additionally, we have been accredited for our efforts in attracting investments that have resulted in employment generation, taxation revenues and skills development for local youth. Avasant has assisted multiple governments in creating frameworks for the development of IT and BPO industries by creating the enabling frameworks of standards, policy and human capital. These engagements have earned Avasant global appreciation for its philanthropic efforts, such as recognition in the Vault Consulting Survey 2016. “Avasant’s engagement in the global market has inspired a strong commitment to community and purpose. With the levels of employee participation that support our mission to empower, both internally and externally, we’ve been able to build,” noted Avasant CEO, Kevin S. Parikh. “Innovation today is driven by the needs of the individual - each person’s unique opinions, beliefs and preferences - which is why traditional methods of innovation simply will not cut it in the Digital Age. As analytics technology continues to advance, so too does the customisation of the user experience. Additionally, as the bar in some sectors rises from innovation, other sectors are forced to change as well to meet the growing expectations of stakeholders. Across retail, healthcare and even government industries, examples of this shift can be found now and are
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