Add-Vantage Consulting Group has a history of identifying compelling new business opportunities and guiding them to successful commercialization; finding the right value proposition, suitable partners, applicable technologies and effective approaches to meeting real customer needs. We have consulted on numerous new product/solution development efforts within established companies in materials, healthcare, and finance, as well as many new business launches. The following are summaries of representative engagements:
Fortune 500 Materials Manufacturer
Analyzed and modeled the economics of the industry value chain for a major multinational materials manufacturer. Identified substantial growth opportunities in a number of areas including new product/solution offerings, as well as technology and brand licensing. Developed and delivered value propositions, as well as strategies to align new initiatives with company goals, market movement and continuing industry consolidation.
Corporate New Ventures
Worked with corporate new ventures groups at two multi-billion dollar corporations to establish standard processes for new venture creation and evaluation, identify and pursue specific new venture opportunities, and provide guidance on existing new venture activities.
Major Financial Information Solutions Provider
Assisted financial publisher in broadening its view of its opportunity space in the financial advisory space, in light of changing market conditions. Redefined the addressable market scope creating a tenfold increase in the size of the market opportunity. Created conceptual architecture for a Wealth Management Solution now adopted by major players in the retail investment advisor market.
Collaborated with internal new ventures team and Corporate R&D department of major materials manufacturer to accelerate returns from longer-term development projects through external partnering.
Educational Solutions Provider
Worked with major educational publisher to re-envision existing joint venture plans as a global e-learning partnership, expanding the addressable market by over 20 times. Used our Storyboarding approach to create a rapid prototype of the offering, estimate resource requirements and acquire funding.
Industry Directory Publisher
Worked with senior management of an industry directory publisher to migrate print-based directory products to a value-added electronic information exchange that would become part of the industry workflow as opposed to an infrequently used reference. Formulated the initial solution concept and architecture and developed key industry partnerships to launch the new platform.