Fara Company Management Consulting Services

Management consulting is one of the strategic aspects of Fara Company services that supports organizations allocate their resources intelligently, move toward their goals, and increase their operational efficiency. Fara Company approach to provide management consulting services is to solve customers’ key issues and eliminate performance bottlenecks so they can achieve their accurate technical, financial and commercial goals more rapidly. One of the characteristics of Fara Company services is their highest conformity with the international standard, which is the result of cooperation with the world’s leading management consulting firms including ADL and Ernest & young. On the other hand, the main body of service managers and experts is comprised of graduated students from the best universities in Iran, technical specialists from the clients industries (such as telecoms, oil and gas or commerce) and experienced management personnel who ensure to solve customer problems. The main areas of management consulting services are as follows:

– Human resource management consulting services

One of the main areas of human resources management consulting services is to design and evaluate businesses organizational structure. Based on Fara Company operational experiences, organizational structure design and corporate operating model will be highly efficient based on business processes and accordingly ensure the clients that roles and responsibilities to perform well within the organizations. Along with the new structure, organizational structure and hierarchy can be identified, and consequently job descriptions, eligibility necessities and key requirements of the jobs to be prepared. In this method, it can be possible to make necessary plans for Accrual Salaries and Wages Payable and talent finding system based on the advanced models of performance evaluation. All the services will be offered to clients in our Human Resource strategies package.

  • Successful example of the Service accomplished by Fara Company:

Fara Company has implemented:

– Organizational structure design, job description, job evaluation, performance appraisal system, Salaries and Wages system and human resources planning for one of the largest industrial holding companies with 18 subsidiaries in Iran.

– Developing organizational structure and HR strategy for Telecom Company with more than 10,000 employees

– Designing organizational structure, job description, job evaluation and recruitment plan for headquarter and factory of a company active in the woodcraft, cabinet and parquet industry.

Formulation and implementation of strategic documents in organizations

One of the central areas in management consulting is to help evaluate the current status of businesses and organizations, to outline the desired points and determine how to achieve the business goals and prospects. The critical issue is that in what areas and what form the corporate operating plans should be defined and formulated to achieve the desired competitive advantages. In this regard, the necessary studies will be first conducted regarding the customers’ industry or business environment, their future changes and trends as well as the needs and expectations of the main stakeholders, and accordingly, the direction of the business will be identified. Consulting firms offer a variety of tools to implement and execute strategic plans. Based on experience and background in applying the balanced scorecard approach, Fara Company offers these specialized services which are fully applicable in most businesses and industries. Furthermore, Fara Company delivers his professional management consultancy on designing and implementing balanced scorecard in organizations. As a result of using performance dashboards, the realized extent of plans and goals as well as the strategy effectiveness will be clarified, enabling companies to organize their learning programs and adjust their plans considering the feedbacks and outcomes.

  • Successful example of the Service accomplished by Fara Company:

Fara Company implemented the organizational strategy in one of the largest holding companies active in medical equipment field. In this strategic service, Fara Company designed the interactive approach among the holding and its subsidiaries as well as supporting the holding to monitor its five subsidiaries through the key performance indicators. Consequently, in order to carry out the strategies, operational activities and balanced scorecards have been also applied.

Designing and improving organizational processes

Organizational Process Management is regarded as a systematic approach to identify, design, perform, control and measure the organizational activities in a processing structure based on adjusting inputs, actions and outputs aligned with business goals and objectives. Therefore, Fara Company consultants will be highly familiar with organizations in a specialized manner and identify the key processes considering the business scope, customer requirements and business productivity. At the next level, they design and model business processes based on BPMN2 standard and specialized software. The results of this section will be referred as fundamental layout of our mutual collaboration with clients which leads to the implementation of processes and modifications to the executive frameworks extended with full support and observation of our consultants and experts.

  • Successful example of the Service accomplished by Fara Company:

– Iran Road Maintenance and transportation Organization is one of the main clients of Fara Company services which has more than 10 deputies in Tehran headquarter and 31 offices in other provinces. In this regard, firstly the scope of activities and the procedures of organizational services have been identified, designed and modeled. In addition, administrational and logistics processes including finance, human resources, supply chain and public relations have been also restructured. Finally, around 100 organizational processes identified, designed and modeled.

– A company active in the telecom industry with over 20 million users and customers has been one of our clients. First of all, according to APQC and ETOM International Standards, the current status of company processes have been reviewed based on their customers’ feedback, stakeholder expectations and company directors viewpoints. In other cases for which a process gap has been identified, new processes formulated and designed, accordingly.