Business Advisory
The current tough economic climate has lead to an ever increasing demand from customers and regulators for higher value and more reliable services from utility companies.
Read MoreTo meet these higher expectations, organizations must innovate and be more efficient. This requires organizations to transform current business processes across all aspects of their business.
Organizations are looking for new business models that are aligned to a changing business scenario to improve productivity, efficiency, market share, and profitability.
Fortech’s Business Advisory Services monitor the industry trends and challenges that our customers face. Using a unique combination of Utility Industry Experience, Domain Expertise and Consulting Services, we formulate solution frameworks to assist our clients in aligning their Processes, Organization, People, Locations, Data, Applications and Technology to achieve their Vision. Fortech provides both Advisory and Implementation services, taking responsibility for end to end delivery.
With a successful track record of delivering tangible business benefits, we are increasingly working with our customers on a strategic level as trusted Business Partners.
Strategy Most Utility businesses are an amalgamation of varied businesses, some regulated and some de-regulated. The challenge facing utilities is to make the whole organization worth more than the sum of its constituent businesses. Highly successful leaders in the industry dream of a vision that sets the trend for the rest of industry to follow.Fortech is totally focused on Energy, Utilities & the Environment, helping its customers through the journey from setting a clear vision to developing a strong strategy at the corporate and individual business levels.
Vision & Goal setting Corporate Strategy Business Strategy Regulatory Strategy Innovation |
Investment Advisory The current economic climate has led to many opportunities for investors in the European Utility sector. Numerous investor groups are actively seeking to acquire Utilities in Europe, in order to secure long-term and assured returns.Fortech works as a trusted partner to a number of such investor organizations helping them with investment related activities, in both the pre-acquisition to post-acquisition phases.
Mergers & Acquisition Business Case Definition Business Integration Benefit Realisation Review |
Organization and People Utilities are undergoing constant change due to Regulatory demands. The constant drive for improved efficiency has a wide ranging impact across Process, People, Organization, Locations, Data, Applications and Technology.Using the POLDAT and Zachman Frameworks, Fortech specialises in helping clients to transform their business and deliver tangible benefits.
Organization Design Business Change & Transformation Business Stabilization People Capability & Maturity |
Business Design The most important intellectual property of an organization is the optimised processes & business setup that it has developed over the years, using its people’s knowledge & expertise. This sets each organization apart in the view of the customers, regulators and other stakeholders. Business processes & architecture, along with an effective Performance Monitoring is key to an organization’s success.Fortech is particularly strong in this area, having helped most of the UK’s leading Energy & Utility organizations to define various aspects of their business.
Business Process & Business Architecture Performance Monitoring & Improvement Business Acceptance Enhancing Customer Experience |
Audit & Assurance Energy & Utility organizations use the services of a number of external service providers. It is important that organizations get the assurance that the service they are getting from these providers is fit-for-purpose and meeting the business needs. In the current complex Business environment, greater reliance is being placed on the information produced by systems and processes. In the highly regulated Utility industry, greater emphasis is placed on internal controls and often require independent assurance of the effectiveness of these controls. Fortech provides a trust-worthy Audit & Assurance service, which gives organizations the confidence in the deliveries made by their service providers.
Business Assurance Safety & Regulatory Compliance Controls & Process Assurance |