LAHORE - The FINCO Management Consultants, the first-ever consultancy with sole focus on management, has been launched in Pakistan with the opening of a head office in Lahore.

"The existing consultant companies in Pakistan do not target the management improvement," said company officials, adding that the leading management specialist company would provide project management consultancy, contract advisory and dispute resolution services, finding new and better ways of doing business.  “The companies in Pakistan can now save millions of dollars/rupees by reducing their cost by engaging FINCO Management Consultants who will protect their rights, manage projects more effectively by focusing on critical aspects of the project and corporate management, cost and schedule controls, contract administration and revenue management functions.”

They said that world renowned management consultant Dr Thorsten Ploss has also joined the FINCO Management Consultants as a director. Earlier, he was the senior partner of the second largest German consultancy firm ‘Roland Berger’. The officials said that other senior partners of the ‘Consultants’ carry with them a number of international man month experience.

Dr Thorsten Ploss has over 18 years of global consulting experience on topics ranging from strategy development to performance improvement. He has worked in Europe, Middle East, Asia, South America and the United States. FINCO Management Consultants advisory services cover almost all business sectors from Construction, Alternative Energy, Manufacturing, Telecommunication, Marine, Financial Services, Retail and Processing Industries.

The newly-launched company officials said that they had pioneered some most powerful project risk management and implementation strategies, including visual communication techniques for amicable settlements and dispute resolution proceedings, utilising advanced concepts and simulation techniques.

“FINCO Management Consultants prides itself as being one of its kind in Pakistan, providing a unique combination of multipurpose expertise to private and government organisations, financial institutions, law firms, construction companies and corporations, facing complex project and business performance issues and disputes.”

FINCO also provides advice and draft cutting edge documentation for corporate and non-corporate business entities. They help build capacity and provide support to the institutions with a view to strengthen their corporate governance practices and operational requirements based on international standards.

FINCO’s work is targeted at improving management board practices, shareholder rights and corporate level controls. Accordingly, companies are more likely to attract capital, optimise current assets, improve their performance and withstand impact of financial crisis.

FINCO has developed expertise in almost every market sector providing complete range of dedicated professional services from project overseeing, project management, contract advice, project costing, corporate governance practices and revenue management advice, dispute and claim avoidance, electronic documentation, forensic investigation, delay and disruption analysis, conflict avoidance, regulatory conformance and monitoring tribunal support services.