GENERAL FAQ
Strategy consulting, a specialized drop down of management consulting, assist organizations in development and implementation of business strategy to improve their performance & market position in the long run.
Talking about the benefits of strategy consulting, it helps you bring fresh perspective to the table through a data driven approach that creates long term value with faster execution.
Strategy and Tech consulting are like two pillars of a bridge interconnected with each other that helps in building a strong foundation. They help us transform digital strategy with end-to-end solutions that provide our clients with a competitive edge in the industry. Strategy and Tech consulting helps manage complexity and risk, resulting in cost efficiency and high ROI.
Yes, consultancy plays a significant role in smooth functioning of a business as it helps in streamlining the process, improving business operations and solving complex business challenges. It helps in strategic planning, optimizing operational efficiency, and risk management.
Lyracorp in its unique way stands out as a consulting firm as with innovation and strategic insightsit focuses on its commitment to the clients ensuring client satisfaction and prompt delivery.
We follow a 4-component payment structure that eases the transaction process between us and our clients.
Lyracorp works in a variety of Industries such as Automotive, Manufacturing, Financial Services and many more. You can check them out here.
Lyracorp has a collective experience of over 120 years from individuals of different industries, pooling their knowledge and giving us an edge over others.
Through Lyracorp’s data driven strategies, you can expect impactful strategies that address core challenges while positioning your business for growth and resilience, giving your firm a competitive advantage.
Lyracorp offers a wide range of services in the domains of Strategy Consulting, Tech Consulting, Digital Transformation, SI&T, Design and Marketing, giving our clients overall coverage.
You can connect with us here, or you can have a chat with our chatbot designed to address all your questions and making your journey with us smooth.
Engagement FAQs
The duration of a typical consulting project at Lyracorp varies depending on the scopecomplexity, and specific objectives of the engagement. Projects generally last between 45 and 240 days, with shorter timelines for focused, specialized initiatives and longer durations for more comprehensive, multi-phase projects.
We at Lyracorp follow a client first approach and have divided our customer interaction into 7 different phases, ensuring an organized approach. These Phases are: –
- Problem Definition: Collaborate to clearly define the client’s challenge.
- Data Collection: Gather qualitative and quantitative data through interviews, surveys, and research.
- Analysis: Apply analytical frameworks to identify trends, root causes, and solutions.
- Recommendations: Formulate and present actionable recommendations that align with client’s goals.
- Implementation Support: Provide guidance and support for executing recommendations.
- Review & Feedback: Assess the impact and gather feedback to improve future strategies.
- Ongoing Engagement: Foster long-term relationships to adapt strategies as needed.
We at Lyracorp understand the importance of confidentiality in modern times, and to ensure the highest security we employ: Robust security measures like encryption and secure access controls, Compliance with standards through NDA’s (GDPR, ISO 27001) and comprehensive data handling policies for client protection.
Clients can generally expect an ROI of 15-30% within the first year, depending on project type and scope. We prioritize sustainable, measurable improvements that align with client objectives and create lasting impact.
In the unlikely event that you are unhappy, you will already be working with the Great Consultants at LyraCorp Consultancy. We take the customer experience very seriously, and we will always seek to rectify any misunderstanding.
Payment FAQs
Lyracorp offers multiple convenient payment methods tailored to our clients’ needs, including bank transfers (NEFT/RTGS), credit/debit card payments, and digital wallets. For ease in ongoing consulting projects, we also provide milestone-based billing options. Our goal is to ensure that payments are as flexible and convenient as possible for each client.
Yes, at Lyracorp, payments for consulting services are invoiced. We provide a detailed invoice based on the project scope and agreed-upon terms, typically structured according to milestones, phases, or monthly billing, depending on the nature of the project. Our invoicing process is transparent, and we work with each client to ensure that payment schedules align with project progress and expectations. For any specific billing arrangements or questions, our team is here to assist.
At Lyracorp, our consolidated payment structure is designed to ensure efficiency
and compliance across all departments, this is achieved through the following key
components:
1) Payment Methods: We utilize various methods including bank transfers,
checks, and digital payment platforms to facilitate transactions.
2) Payment Frequency: Payments are processed monthly, with specific cut-off
dates to ensure timely disbursement.
3) Approval Processes: All payments require approval from designated
managers to maintain financial oversight and accountability.
4) Intercompany Transactions: Payments between subsidiaries are managed
through a centralized system to streamline operations and reduce
administrative overhead.
This structured approach not only enhances our operational efficiency but also
ensures compliance with financial regulations.
Office FAQs
We are available to serve our clients at our office from Monday to Friday, between 9
AM and 6 PM.
We are located at Novel Office, Queens Road, 332, Govinda Chetty Colony,
Vasanth Nagar, Bengaluru, Karnataka, 560052.
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Career FAQs
You can join our ever-growing team of individuals by visiting our careers page,
where you can find all current openings and role-specific requirements. Select a
position that aligns with your skills and interests and follow the application
instructions. If your profile matches our needs, a member of our team will reach out
regarding the next steps. For any queries regarding the application process, feel free
to reach out to our HR team directly through the contact information provided on our
website.
At Lyracorp, we strive to create an environment where every team member feels
inspired, supported, and empowered to excel. Our culture is built on innovation,
collaboration, and a commitment to meaningful work that drives real-world impact.
We also prioritize work-life balance and a supportive workplace culture,
encouraging open communication and continuous learning. With access to
mentorship, cutting-edge resources, and a community of experienced professionals,
Lyracorp provides a platform for both personal and professional development.
We at Lyracorp provide our employees with industry-leading resources to enhance
technical skills, strategic thinking, and leadership abilities. Our team members
work on diverse, high-impact projects across sectors, offering exposure to different
industries and enabling them to develop specialized knowledge as well as versatile
consulting skills. Additionally, Lyracorp emphasizes a culture of continuous
improvement and knowledge sharing, where you can collaborate with seasoned
professionals, receive constructive feedback, and pursue clear career advancement
paths.
At Lyracorp, we prioritize the well-being and growth of our employees by offering a
comprehensive benefits package, including:
1) Medical Insurance: We provide robust medical insurance to ensure our
employees, and their families have access to quality healthcare.
2) Career Development: We are committed to helping our employees grow
professionally. We offer various training programs and resources to support
their career advancement.
3) Sign-On Bonus: To welcome new talent, we offer a competitive sign-on
bonus, making it easier for them to join our team.
4) Attractive Leave Policy: Our leave policy is designed to promote work-life
balance, allowing employees to take the time they need for personal matters
and relaxation.
5) Transportation Allowances: We provide transportation allowances to ease
commuting costs, ensuring our employees can travel to work comfortably.
6) Year-End Vacations: We believe in the importance of rest and rejuvenation,
so we offer year-end vacations to give our employees a chance to unwind
and recharge.