Predicorp solutions are aimed to produce high accuracy predictions in the corporate and public worlds.
Our corporate solutions called Predicorp Corporate Insighter Exchange© are build as a decision support tool for three different application areas:
1. Risk Reduction Insighter Exchange© for innovation investments in product and brand; for new markets; and business models
2. Efficiency Improvement Insighter Exchange© to decrease the costs in important operational and supply chain processes
3. Budget Accuracy Insighter Exchange© to monitor budget reliability using knowledge and intuition among all line managers, and if there are deviations from the targets, to test alternative rectifying actions
Investment decisions in innovations always include a component of a high risk. Traditional forecast methods are difficult to apply, as there is no historical data available. Different types of expert analysis are used for forecasts. Traditional expert analysis provides only snapshots.
Risk Reduction Insighter Exchanges© are continuous real time sessions. You can always see dynamic predictions on any given topic. You can analyze the numbers using our state-of-the-art tool sets any time you want. They will help you to reduce the Total Time to Market substantially.
The hunt for efficiency in the business processes makes profits grow. Speed in capital turnover has to increase all the time. This makes accurate forecasts one of the most important tools in management of operations and the supply chain. Shortening Total Time to Consumer is the winning competitive tool of every company as well as of the entire value added chain it belongs to.
Efficiency Improvement Insighter Exchanges© aggregate in real time knowledge, the experience of people involved at all steps and levels of a business process. They capture dynamics of the unfiltered opinions and allow for immediate analysis of the driving forces behind the turning points. Our Exchanges are particularly suitable to incorporate in the just in time management of the business processes.
With the growing speed, reliable budgets and other corporate plans are mission critical for the success of a management team. To keep them reliable it is necessary to periodically aggregate unfiltered opinions of all responsible line managers about their views on the outcomes of the budgets or plans. In case of deviations it is crucial to quickly test their opinions on alternative rectifying actions to bring the budgets or plans on target.
Budget Accuracy Insighter Exchange© is the only tool that allows to aggregate unfiltered opinions from the line managers about the belief in budgets and plans. It allows for a detailed analysis of deviation points, which makes it one of the best early warning systems available for top management. The mechanism of Rectifying Exchanges© allows for a real time tests of alternative actions to bring the budgets or plans on target.
Our Corporate Insighter Exchanges© are build uniquely for every client. Our Academic Board supervises their quality. Our solution is a seven-step process. It starts with a detailed examination of the business situation or process that needs forecasting, and ends with a detailed quantitative and qualitative analysis of the forecasts. The process is carried in a close cooperation between the responsible person at the client company and the client director at Predicorp.
Delivery of a Predicorp Insighter Exchange © provide a full range of services, including:
Executive Workshops - Providing skills for prediction market trading
Forecast Audits - Benchmarking the current forecasting system
Market Design and Operation - Customizing corporate prediction markets
Evaluations - Analyzing the impact of forecasts |
