Top 10 Companies to Watch in Asia 2024
Advanced Consultancy: Empowering SMEs for Sustainable Growth
The Silicon Review
In the ever-evolving landscape of business, Advanced Consultancy has emerged as a beacon for Small and Medium-sized Enterprises (SMEs) seeking to optimize productivity, enhance profitability, and achieve business excellence. Founded in 2013, Advanced Consultancy has built a stellar reputation through its comprehensive consulting services, which encompass quality management, environmental sustainability, occupational health and safety, information security, manufacturing practices, and food safety, among others.
Established over a decade ago, Advanced Consultancy began with a mission to elevate organizational performance through meticulous training, consultation, and auditing. The firm’s dedication to excellence has seen it completing over 1,800 projects and satisfying more than 1,200 customers across 20+ industries. As a testament to its quality and service standards, Advanced Consultancy is Singapore Quality Class (SQC) certified.
A Renewed Focus: Empowering SMEs
Recognizing the unique challenges faced by SMEs, Advanced Consultancy has renewed its focus on this critical segment of the economy. With the introduction of Business Strategy Development (BSD), the consultancy aims to empower SMEs by providing access to top-tier business strategies typically reserved for the world’s largest and most successful companies. This approach ensures that even the smallest businesses can build brand value and drive sustainable competitive advantage without incurring prohibitive costs.
Why Advanced Consultancy?
Qualified Experts: The backbone of Advanced Consultancy is its team of highly qualified professionals. Every consultant is a Singapore Certified Management Consultant (SCMC) certified by TÜV SÜD and a Registered Management Consultant (RMC). This ensures that clients receive the highest level of expertise and industry knowledge.
Proven Methodologies: The firm employs proven methodologies and frameworks, bringing strategies that have been successfully implemented by global giants to the local SME scene. This guarantees that businesses receive tried-and-tested solutions tailored to their specific needs.
Customized Solutions: Understanding that no two businesses are alike, Advanced Consultancy offers a customized approach. Solutions are meticulously crafted to align with each organization’s unique goals and challenges.
Government Support: To ease the financial burden, Advanced Consultancy’s services are eligible for the Enterprise Development Grant, covering up to 70% of the costs. This makes their high-quality services accessible to a broader range of businesses.
Business Strategy Development: The Six Engines of Growth
At the core of Advanced Consultancy’s offerings is the Business Strategy Development (BSD) service, designed specifically for SMEs. This service is built around the “Six Engines of Growth” model:
The Transformation Journey
Advanced Consultancy employs a structured four-step approach to drive business transformation:
Building Stronger Foundations
The ultimate goal of Advanced Consultancy’s BSD service is to help businesses build a stronger foundation and achieve better financial performance. By focusing on visionary leadership, enhanced customer service, increased market penetration, technological adoption, improved employee output, and effective business planning, Advanced Consultancy ensures that its clients are well-equipped to navigate and thrive in competitive markets.
In the face of economic downturns, many businesses struggle to maintain profitability and growth. Advanced Consultancy addresses these challenges head-on by helping businesses reassess their models and strategies. The firm’s services are particularly relevant during recessions, providing solutions to common issues such as low productivity, high turnover rates, declining sales, and profit margins.
Leadership Development and Communication
Exceptional leadership and effective communication are cornerstones of a successful business. Advanced Consultancy emphasizes the importance of these elements through specialized services aimed at grooming the next generation of leaders and formulating effective communication plans. By identifying and nurturing potential leaders, businesses can ensure sustained success and a cohesive organizational direction.
Driving Sustainable Competitive Advantage
Advanced Consultancy stands out as a premier consulting firm dedicated to helping SMEs achieve sustainable growth and competitive advantage. With a comprehensive suite of services, a team of highly qualified consultants, and a proven methodology, the firm is well-positioned to transform businesses and drive them towards excellence. As SMEs continue to navigate the complexities of the modern business environment, Advanced Consultancy remains a trusted partner, committed to delivering results and building lasting value.
Meet the leader behind the success of Advanced Consultancy
As the CEO, Chris Chen is responsible for Advanced Consultancy’s overall direction. This means a commitment to bringing innovative and unique solutions to clients.
An organization can only thrive when its solutions have helped clients solve their challenges. Within a 5-year span, Advanced Consultancy has successfully assisted more than 1,000 companies in various industries to grow their businesses.
The cornerstone of an organization lies within its people. He believes in decentralized leadership; everyone should be given the opportunity and right guidance to realize their full potential. Employees are encouraged to try out new initiatives and find ways to challenge the company’s status quo. He believes that being afraid to make mistakes is, in itself, the greatest mistake.
Chris is often invited as a guest speaker for events, most recently at a Workforce Development Agency (now known as Workforce Singapore) event for PMETs and events organized by the SME Centers.