Our Process
6 steps for every engagement
Our Process
The 6-step process for every client engagement
Every client has their own story and their own circumstances. While we understand that every new client has a unique set of requirements, ‘416 Advisors’ has developed a standard process for any engagement, which includes the following 6 steps.
01.
Discover
After the initial onboarding stage, we proceed with exploratory discussions and feasibility interviews with the client’s management team to understand their needs and objectives. A general top-line definition of project requirements and scope of work. The signing of the engagement and NDA agreements.
02.
Research
At this stage, we do a deep dive into our client’s internal processes as well as gathering qualitative and quantitative information about the industry and existing solutions and competitive technology already deployed in the market or industry.
03.
Analyze
Consolidation and analysis of findings in search of the most optimal technology & solution. This is the most important phase of the engagement when through dedicated analysis and innovative thinking new ideas are born and take shape.
04.
Recommend
Once the ideas take shape we prepare a formal oral & PowerPoint slides presentation to a client. It includes detailed project strategy and tactical milestones: its roadmap, timeline, projected costs, compiling proper technology & legal requirements, staffing & marketing needs.
05.
Implement
Upon the client’s approval of recommendations, our team(s) starts to turn the approved plan into a solution, while adhering closely to pre-defined specifications. Together with a client, we navigate any unexpected circumstances to ensure the project stays its course at every cycle or iteration.
06.
Follow up
In the final stage of engagement, we continue working with our clients by collecting clients’ feedback, listening to their internal & external customers, monitoring the performance of a newly deployed solution, making necessary corrective actions to alleviate any issues, and providing post-mortem reports.
Tell us about your next project!
World Economic Forum:
“10% of global gross domestic product (GDP) will be stored on blockchain technology by 2027”
“Deep Shift Technology Tipping Points and Societal Impact”. September 2015.