Turnbuckle Consulting Value

The Turnbuckle Consulting Group works with our clients to quantify the contributions that information technology makes to their businesses. This value-based approach uses the proprietary Turnbuckle Methodology to construct highly accurate valuation models by applying rigor and discipline in assessing benefits, as well as costs. The resulting models are complete, precise, and balanced providing a more accurate lens to make higher quality management decisions.

Costs vs. Benefits: An Out of Balance Condition

Accurate valuation models are fundamentally dependent on the quality and accuracy of both cost estimates and benefit assessments, however, companies place a great deal more emphasis on the cost side of the equation. They use sophisticated techniques and make major labor investments in forecasting detailed expected expenditures.

A corresponding investment and application of rigor is not usually made in assessing benefits. Generally, benefits are only superficially addressed, constructed with no rigor or discipline, not documented, and are not managed or tracked over time.

When cost/benefit precision is out of balance, an "Accuracy Gap" exists that leads to erroneous conclusions. A positive return may be predicated on extremely imprecise, and therefore inaccurate, benefits assessments.

   

Turnbuckle Provides a Better Lens

The Turnbuckle Methodology applies rigor and discipline to developing benefits assessments, as well as cost estimates, thereby improving the quality of the overall valuation model. It is vitally important to balance the precision between the two to not only produce an accurate analysis but also not overspend in producing too much detail (usually costs) that will be offset by the imprecision on the other side of the equation (usually benefits).

The Turnbuckle Methodology ensures that benefits have a precision that is equal to the precision of the costs estimates. Bringing benefits into balance minimizes the "Accuracy Gap" and dramatically increases the quality and accuracy of the valuation models.

Inadequately Defined Benefits Introduce Risk

The accuracy of a valuation model is determined by its weakest assumptions, which negate the precision used in the rest of the model. Comparing highly accurate costs with highly inaccurate benefits results in flawed valuation calculations.


The "Accuracy Gap" introduces unacceptable risk and unnecessary costs into critical management decisions. It is the reason certain projects do not deliver the predicted value. In these cases, imprecise benefits assessments caused the projected return to be higher than what could realistically be expected.

By using the Turnbuckle Methodology to develop accurate valuation models, a more realistic return can be defined saving time, money and opportunity costs.

Why Use Turnbuckle Consulting?

Since valuation models are used to set direction, compare projects, establish priorities, determine capital investments, minimize opportunity costs, etc., it is imperative that the data driving these decisions is as accurate as possible.

Turnbuckle's valuation models provide a complete, precise, and balanced perspective. By applying our techniques and building highly accurate valuation models, our clients dramatically improve the quality of their decisions.

Turnbuckle Consulting delivers:

 
  • Accurate valuation models
  • Minimized "Accuracy Gap"
  • Benchmarks to compare to actual results
  • Tested and verified valuation models
  • A framework for managing a changing environment
  • Greater consensus across executives, stakeholders, and constituents
 

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For more information about Turnbuckle's consulting services, please contact us at

281-265-4255

info@turnbuckleconsulting.com

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