Services - Faro Consulting Group

1

Strategy and Organization

Main Areas: Strategy, Processes, Organization, Costs.

Project Examples:

Development of a growth strategy for an infrastructure company with available space, identifying three possible businesses, conducting business cases and synergy analyses among them and the base business, and then supporting the client in the implementation of one of the options.
Translation of business strategy for an Agricultural company into priorities and goals by area, defining relevant management metrics, prioritizing initiatives by area, and establishing a monitoring model.
Review of the business model and portfolios of an agro-industrial company, refocusing the business on the core and aligning the structure with the new focus.

2

Innovation

Main Areas: Innovation Strategy, Support in generating a culture of innovation, Ideation, Project Portfolio Management, Digital Transformation Programs, Innovation Enablement.

Project Examples:

We start by looking both externally and internally to define an education sector innovation strategy that best supports the Institution's strategy.
We work with consumer goods companies using a sprint-based approach to develop and launch minimum viable products aligned with the strategy, fostering a culture of ideation within the company.
We collaborate closely with startups across various sectors to assist them in transitioning from experimentation to executing a new product, service, or business model.
We build the digital strategy for a local subsidiary of an infrastructure company, identifying and prioritizing opportunity areas.
We help medium to large companies identify critical capabilities and define the best path to acquire them, whether through Corporate Venturing, partnerships, acquisitions, or internal development.

3

Operational Excellence

Main Areas: Productivity, Efficiency, Cost, On-Time Delivery, Response Times, Product Availability, Inventory Reductions, Culture of Operational Excellence.

Project Examples:

Implementation of Operational Excellence projects in various industries including consumer goods, mining, metal mechanics, agribusiness, and services. These projects lead to significant productivity increases, cost reduction, quality improvements, inventory reduction, and more. All these are underpinned by Lean Manufacturing methodologies.
Transformation of the processes and operational organization of a mid-sized mining company, shifting from a traditional model to remote operation. This involves installing a new decision-making and management logic as a preliminary step towards adopting new remote operation technologies.
Restructuring the cost base and transforming the organizational model of a utility company, shifting to a customer-centric model and enhancing the cost base and productivity.
Enhancing the productivity of constructing a major electrical project by implementing a transparent joint management model and cycles of cause-and-effect analysis in areas of opportunity.

4

Risks and Sustainability

Main Areas: Sustainability Strategies, Climate Change, Transition and Physical Risks. Risk Strategies, Appetite, Architecture, and Governance

Project Examples:

Implementation of a sustainability strategy for a multinational company, aligned with international standards and a global agenda in water resources, biodiversity, air, communities, and social investment.
Development of a carbon pricing strategy to internalize climate change risks in the company's decision-making.
Implementation of a strategy for managing physical risks and climate adaptation for mining assets in Chile, Peru, and Canada.
Support in the environmental and social due diligence process for mining asset transactions in Chile, Ecuador, Panama, and the USA.
Standardization of material risks for a forestry and paper company.

5

Corporate Finance

Main Areas: Economic Valuations, Company Acquisitions and Sales, Mergers, Financial Restructurings, and Financing Search.

Project Examples:

Economic valuation of a food sector company for the owners in the context of a "fairness opinion."
Valuation of growth projects for an infrastructure company and definition of tender parameters.
Valuation and support in the acquisition and integration process in M&A for a mining sector company.
Renegotiation of liabilities and financial restructuring of a real estate company, significantly reducing financial burden.
Determination of the Cost of Capital rate and calculation of EVA for a fishing sector company as input for measuring the value creation of the management.
Financing search for a company in the entertainment sector.

6

Strategic Sourcing

Main Areas: Segmentation and Optimization of Spending, Supply Organization, Contract Management, Contractor Management.

Project Examples:

Rationalization of contractor spending for a global-scale mining company by optimizing and better planning requirements, adjusting services and resources, and renegotiating contracts.
Segmentation of contracts and contractors for a regional electric company, classifying them as strategic and transactional, and adjusting the management model of each segment optimizing productivity, sustainability, and cost.
Segmentation of transportation company spending and redesign of the organizational structure and purchasing processes, simultaneously implementing the function of category managers.
Implementation of strategic sourcing and rapid sourcing programs in multiple industries.