Praxis Global Alliance is redefining the consulting landscape. Aryaman Tandon, Managing Partner and Co-Founder, speaks to The Info Edge about their brand, elucidating their vision for a more practical, collaborative approach to business transformation
The Vision of Praxis
Praxis Global Alliance focuses on a more practical, collaborative approach to business transformation. The term prax·is \ˈprak-sÉ™s\ means “Exercise or practice of an art, science, or skill; Practical application of a theory,” which perfectly encapsulates their philosophy.
The Catalyst for Change
Unlike many consulting firms that merely identify issues, Praxis Global Alliance steps in to fix them. Aryaman explains, “At Praxis, we consider client problems as our own, providing holistic and in-depth solutions. As a homegrown, yet global management consulting firm, we focus on world-class solutions to global problems through our transformative and enablement approach.”
Their impressive track record of serving over 300 clients across various sectors speaks volumes about their commitment. Aryaman continues, “Our expertise benefits not only corporates but also investment funds, unicorns, Indian startups, and multinationals. Strategy lies at the core of our offerings, making us catalysts for enablement and transformation. We deliver practical solutions to tough business problems by uniquely combining domain practitioner expertise, proven business approaches, and digital technologies, particularly in AI and DeepTech.”
A Synergistic Approach
Praxis Global Alliance operates through three distinct teams—Transactions, Strategy and Transformation, and PraxDigital. Aryaman elaborates, “Our teams collaborate synergistically. The Transactions team focuses on financial and deal-making aspects, ensuring investments and mergers are strategically sound. The Strategy and Transformation team crafts and implements long-term growth plans, streamlining operations and enhancing overall efficiency. PraxDigital leverages new-age technologies like DeepTech, AI, and ML to drive innovation. Together, these teams combine their specialized skills to provide a comprehensive approach to problem-solving, ensuring all dimensions of a business challenge are effectively addressed.”
Harmonizing Wisdom and Technology
Aryaman emphasizes the balance Praxis Global Alliance strikes between experienced consultants and cutting-edge AI tools. “We believe in harmonizing the wisdom of experienced consultants with advanced AI tools. For us, AI stands for ‘Additional Intelligence’ rather than just ‘Artificial Intelligence.’ Technology introduces new methods and expedites processes, complementing human ingenuity. Our consultants and AI tools work in tandem, ensuring technology and human expertise seamlessly complement each other for exceptional results.”
A Global Perspective
Operating in India, the UAE, and Saudi Arabia, Praxis Global Alliance serves clients worldwide. Aryaman highlights their tailored approach, “Our domain practitioner expertise, AI-led tools, on-ground research, and collaborative approach allow us to create customized solutions for each client. Our global experience enriches our understanding of diverse markets, enabling us to adapt best practices from different regions to create effective solutions.”
Collaboration in Action
Collaboration is a cornerstone at Praxis Global Alliance. Aryaman shares a notable success story, “We partnered with a pharmaceutical company to optimize inventory management, reduce costs, and enhance customer service. Through extensive stakeholder interviews, historical data analysis, and technology integration, we designed and implemented tailored solutions. The result was a significant reduction in inventory costs, increased on-time delivery, and improved customer satisfaction.”
Building Together, Winning Together
Praxis Global Alliance involves everyone from CEOs to frontline staff in business transformation. Aryaman underscores the importance of inclusivity, “Our motto, ‘Build Together and Win Together,’ is ingrained in every Praxian. We believe in redefining business research and advisory to create a win-win situation for clients, domain experts, service partners, and our talent pool. Our culture thrives on diversity, inclusivity, and the pursuit of excellence.”
Leveraging Industry Expertise
Praxis Global Alliance leverages the knowledge of industry experts. Aryaman explains, “Our vast pool of resources provides clients with expertise from domain leaders, offering personalized solutions to complex business problems. We believe that remarkable growth begins with a great team, and with proper training and support, stars are minted in the process.”
Staying Ahead of the Curve
In the ever-changing business world, Praxis Global Alliance plans to stay ahead by embracing advanced technologies. Aryaman concludes, “We anticipate continued integration of AI, automation, and data analytics into consulting practices. These technologies will revolutionize our services, allowing us to provide more personalized and data-driven insights. By partnering with our clients on their AI and digital transformation journeys, we aim to empower them to harness the full potential of these technologies for sustainable growth.”
