Consulting services
CJSteele Uncertainty Management provides advanced expertise in the area of modeling, predicting and mitigating the effects of uncertainty and random variability on technical and commercial systems. There is more detail below on what can be offered. Alternatively, you can click here to read some demonstrative cases, or you can click here to read various articles that explain what can be done to manage uncertainty and random variability. Please feel free to make contact if you would like to find out more about how CJSteele Uncertainty Management can help you manage the risks that arise from the uncertainty and random variability that you or your organization face.
Commercial
Any new venture, be it within an existing company or completely new, is subject to the risks that arise from uncertainty and random variability. Typically, it is the cash-flows of such a venture that are of most concern. With no previous data, it is difficult to determine the value of future revenue sources and costs. At best, the predicted cash-flows are only indicators, and at worst, they are meaningless. What is needed is a business strategy that is less sensitive to sources of random variability and uncertainty, and provides a greater probability of success. CJSteele Uncertainty Management will help you develop such a strategy by modeling the venture and using advanced probabilistic techniques for optimization.
This service would be of use to:
Established firms who are looking to launch a new venture (or project) with significant risk due to the relative size of that venture.
Entrepreneurs who wish to increase their chance of success or reduce VC equity demands by demonstrating that the risk is less than might be assumed.
Business advisers who wish to offer more services to their clients and show an independent analysis of their advice.
Venture capitalists who wish to offer more competitive terms by selecting only ventures with the most robust strategies.
Venture capital brokers who want to demonstrate due diligence to potential investors.
Click here to download a PDF of the commercial consulting brochure.
Technical
The sensitivity of any technical system, such as a new product or a manufacturing operation, to random variability is entirely dependent upon the design of that system. Greater sensitivity means greater quality issues, and greater costs due to poor quality. Therefore, the design should be robustified before the system is produced so that the sensitivity can be reduced, and quality maintained as cost effectively as possible.
CJSteele Uncertainty Management will help you identify the sources of variability that affect the quality of your system. This done, the system design can then be optimized so that quality goals can be achieved with a minimum of production expense. Even at later stages of development (including production) CJSteele Uncertainty Management can help you to quickly identify major causes of random variability and quality issues. This will allow for the development and implementation of solutions, which CJSteele Uncertainty Management can also help with, before large costs are incurred.
This service would be of use to:
Manufacturers trying to eliminate quality issues.
Product developers who need to design for 6s or to other high quality standards.
Engineering firms who need to estimate the effects of uncertainty and random variability on large one-off productions.
Global Product Development (GPD) companies that require high level probabilistic and reliability expertise for an upcoming project.
CJSteele Uncertainty Management
Predicting and mitigating the effects of uncertainty on technical and commercial systems
