About The Lab Consulting Consulting company in Houston, United States
The Lab#39;s approach is designed to address problems that cause most business improvement initiatives to fail before achieving measurable results.
The Lab was formed in 1993 by alumni of the worlds largest best-known consulting firms. Most consulting projects start with a clean sheet of paper. The Labs founders had a different idea: Create an approach using research into what has worked at real companies. Then capture this research in a database that can be applied immediately to other companies to speed results and reduce risk.
The Lab was built from the ground-up to deliver a repeatable approach that guarantees project success.
Beginning in the 1990s business process ’re-engineering’ caused most companies to focus heavily on core technology to transform their businesses. Consequently Knowledge Work Standardization (more than 75% of total improvements) remains untapped leaving gaps for new technology like business intelligence software and robotic process automation. The Lab has built the world#39;s largest database of process and data standardization templates to capitalize on the similarities of these opportunities.
The Lab#39;s standardization templates address overlooked highly-similar business process standardization opportunities - they hide in plain sight.
The Lab has catalogued operations at more than 75% of the Fortune 500 companies. Our approach is designed to minimize client risk. The Lab#39;s guarantee: Financial benefits realized during the first year following implementation will at minimum equal the investment in The Lab#39;s services. If not we#39;ll continue working without charge until it does or refund the difference.
The Lab#39;s projects pay for themselves within 6-8 months and deliver 2-4x payback in the first year.
Increase of 10-30%-
Revenue Productivity
Gain of 20-50%-
Service Improvement
Savings of 15-30%-
Organization Capacity
Phase I Analysis amp; Design lasts 6-8 weeks. Phase II Implementation runs for 4-7 months. The Lab eliminates risk and uncertainty by quoting a fixed-price for each phase which is based on the employees and location(s) in scope.
To identify more improvements and accelerate benefits. The Lab helps internal teams meet the demand for rapid results. The Lab does not replace internal teams in fact they provide roughly two-thirds of new client introductions
The Lab#39;s findings and deliverables provide a blueprint for digitization. Before manufacturers automate factory labor they document and standardize activities - they industrialize. The Lab industrializes knowledge work.
Any and all that work. The Lab#39;s improvement templates incorporate proven methodologies: Lean Six Sigma Voice of the Customer Benchmarking Leading Practices Business Process Mapping and others.
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