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Boaz Salik, Managing Partner From its solitary role in risk management to growing and expanding into every facet of a business’s operations, data analytics has witnessed a meteoric rise over the last five years. Today, as the COVID-19 pandemic continues to disrupt global markets, analytics is helping C-suite executives in decision-making, strategy development, and future road-mapping. However, with the rise in tech deployments came a significant increase in complexity, which hinders companies in collecting the right data, thereby causing inefficiencies in analytics. At the same time, the lack of necessary skills and tools required to extract and infer data-driven insights is also stymieing organizations from making informed decisions using data analytics.Addressing these issues with its focused services suite and unique consulting approach is New York-based Fischer Jordan. The company combines strategy, analytics, and technology practices within a single multi-disciplinary service to help its clients mitigate their business challenges and deliver positive outcomes. “We’ve adopted a scientific approach to helping our clients apply cutting-edge analytical techniques in areas where they’ve been traditionally difficult to leverage to help them better manage their businesses.” says Boaz Salik, managing partner at Fischer Jordan. Boaz has been able to leverage his experience with scientific experimentation from his research days at Caltech to develop rigorous analytical approaches for decision making in business.
The company begins every client engagement by helping them clearly formulate their objectives, evaluate potential solutions, and deploy strategies to realize impact.
Fischer Jordan initially supports businesses in defining their business goals and acquire the relevant data to drive better decision-making. This is followed by the development of an action plan that Fischer Jordan implements by working closely with a client to ensure that they achieve their objectives in a well-defined timeframe.
At the end of this engagement, the client noticed such a stronger adoption of their financial models that the model we redesigned became the operating blueprint across their organization
Fischer Jordan’s three-pronged approach to consultation involves combining high-level strategy development, robust data analytics, and technology expertise to help its clients holistically manage their business’s complexities in a highly intuitive manner and develop strategies that drive better utilization of their deployments. To better explain, Salik draws a parallel between the tech-driven complexity of modern organizations and the Gordian Knot—an intricate knot of legend that was used to decide the ruler of Asia. “The Gordian Knot signifies the increasing complexity of enterprise IT, and just as Alexander the Great untied the knot by cutting through it, modern-day businesses need strong leadership and impeccable strategies to navigate through their evolving tech stack,” states Salik.Highlighting the impact of Fischer Jordan’s services is a customer success story where the company helped a client refine their financial models and accurately project their future business revenues.
This new methodology utilized natural language processing as well as AI models to enable more secure access, real-time reporting of discrepancies, and improved data quality assurance. On the other hand, to allow the client’s workforce to better understand their financial models, Fischer Jordan redesigned the existing models while providing training workshops on making the best use of technology for relevant personnel.“At the end of this engagement, the client noticed such a stronger adoption of their financial models that the model we redesigned became the operating blueprint across their organization,” states Salik.
Moving forward, Fischer Jordan has three objectives: expansion of its team, helping additional clients achieve their business goals, and taking steps to help their local communities thrive. On the team front, the company is already on its way to grow its footprint in the U.S. and India as well as developing new learning regimes to improve their skillsets. From a clientele standpoint, Fischer Jordan is working to develop new tools and techniques to better source data, extract more insights, as well as enhance the management of client skillsets and operations at large. Lastly, in terms of community work, the company has started its FAIR (Food Availability Improvement Resource) initiative by collaborating with several non-profits, food banks, and pantries to help them enhance their ability to help families minimize hunger.
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Company
Fischer Jordan
Headquarters
New York, NY
Management
Boaz Salik, Managing Partner
Description
Addressing industry issues with its focused services suite and unique consulting approach is New York-based Fischer Jordan. The company combines strategy, analytics, and technology practices within a single multi-disciplinary service to help its clients mitigate their business challenges and deliver positive outcomes. We’ve adopted a scientific approach to helping our clients apply cutting-edge analytical techniques in areas where they’ve been traditionally difficult to leverage to help them better manage their businesses. The company begins every client engagement by working with them to help them clearly formulate their objectives, evaluate potential solutions, and deploy strategies to realize impact.
