The Client |
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The client is a well-regarded business consulting firm with expertise in strategic planning, financial management, and operational optimisation. Serving a diverse portfolio of clients—including SMEs and large corporations across technology, finance, and manufacturing—the firm is known for delivering tailored, high-impact advisory solutions.
With increasing demand for value-added services in areas like cloud transformation and data analytics, the client recognised the need to evolve its business model to remain competitive. The firm sought to enhance profitability, expand service offerings, and enter new markets while navigating shifting industry dynamics and intensifying competition.
With increasing demand for value-added services in areas like cloud transformation and data analytics, the client recognised the need to evolve its business model to remain competitive. The firm sought to enhance profitability, expand service offerings, and enter new markets while navigating shifting industry dynamics and intensifying competition.
How RIC Helped |
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Grant Secured:
Real Inbound Consulting (RIC) supported the client in securing an Enterprise Development Grant (EDG) from Enterprise Singapore. The project, with grant approved amount of SG$51,550, focused on business model transformation and strategic planning. The grant supported expert consultancy fees, market analysis, and financial advisory.
Scope of RIC’s Consulting and Advisory Services:
RIC delivered a comprehensive engagement to help the client reimagine its business strategy and financial performance:
Real Inbound Consulting (RIC) supported the client in securing an Enterprise Development Grant (EDG) from Enterprise Singapore. The project, with grant approved amount of SG$51,550, focused on business model transformation and strategic planning. The grant supported expert consultancy fees, market analysis, and financial advisory.
Scope of RIC’s Consulting and Advisory Services:
RIC delivered a comprehensive engagement to help the client reimagine its business strategy and financial performance:
- Business Diagnostic and Financial Review
- Conducted a full evaluation of existing operational and financial processes to identify inefficiencies and growth bottlenecks.
- Revenue Model Transformation
- Advised the transition from a licence-based model to a services-led revenue strategy, prioritising higher-margin offerings such as cloud consulting and ERP solutions.
- Market and Service Line Expansion
- Mapped out new growth opportunities, including the introduction of advanced data analytics and cloud security services tailored to evolving client needs.
- Cost and Performance Management
- Proposed financial metrics, cost control initiatives, and profitability targets to support long-term operational sustainability.
- Implementation Roadmap
- Developed a phased plan to align operational processes, internal capabilities, and go-to-market activities with the updated strategy.
Outcomes |
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- Successfully transitioned to a services-driven business model, enabling delivery of high-value, scalable offerings such as cloud consulting and automation solutions.
- Achieved cost optimisation and short-term profitability gains, enabling reinvestment into service development and marketing.
- Realised a 50% reduction in time spent on manual processes, through operational streamlining and automation advisory.
- Expanded into Southeast Asian markets, leveraging strategic partnerships and a repositioned value proposition.
- Positioned for long-term scalability, with a future-ready service portfolio and improved financial structure.
This case demonstrates how RIC partnered with a forward-looking consulting firm to enhance profitability, operational agility, and market reach. Through strategic planning and EDG-backed advisory, the client is now equipped to compete more effectively and scale sustainably in a dynamic business landscape.