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Business and Innovation Advisory

Strategy and Management Consulting

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We collaborate to make an Impact

HGM Consulting is a proud member of the Economic Developers Association of Canada (EDAC)

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About us

HGM Consulting Corp. is a Canadian Toronto-based consulting firm that operates on a turnkey project basis in Canada, the United States and countries of Europe, Central & East Asia and the GCC region. We provide strategy and management consulting as well as business and innovation advisory services, along with access to our international network of private investors.

We work with different market players, including:

  • Corporate or government executive teams aiming to improve management systems on enterprise or macroeconomic levels
  • Investors and investment recipients interested in developing an effective partnership strategy
  • Exporters looking to enter new markets
  • Government agencies seeking to accelerate regional or sectoral development, enhance business and technology innovation
  • Established industry players with high technology absorptive capacity interested in technology transfer
  • Academic institutions, R&D agencies and innovative businesses aiming to commercialize intellectual property
  • Corporate leaders in need of coaching support

Our success strategy

We often act as both professional consultants and deal-makers: we develop business concepts, prepare planning documentation, negotiate on behalf of our client, close the deal and provide a full package of project support services at the implementation stage.

For each project we employ highly-qualified experts with in-depth knowledge of local economic, social and political environment, business networks and a complex understanding of the domestic market – the best industry professionals who speak local languages and have extensive experience working in the region.

We are interested in expanding our horizons and are flexible in adapting to the business needs of our clients. Often, relations with our clients lead to long-term sustainable partnerships – we do business and succeed together!

We would like to sincerely thank our existing partners and invite those who can benefit from our assistance to reach out!

Alexander Karapetov is a founder of HGM Consulting

Alexander s. karapetov, Ph.D.

Founder and Board Chairman

Dr. Alexander S. Karapetov, with over 20 years of leadership experience across various sectors and regions, founded HGM Consulting in Ontario, Canada. Recognizing the critical importance of continuous innovation and productivity growth, institutionalized systems of strategic planning and organizational performance improvement, he offered an enhanced corporate and public management  approach based on a complete integration of policy development and programming, and functional and portfolio management where business and technology innovation represents both the core of management practice and the ultimate development target. HGM Consulting quickly became known for driving large-scale initiatives, helping companies and governments improve policies, programs and business processes, fostering innovation, attracting investments, and building strong economic ecosystems.

HGM Consulting video cover about strategy and management consulting and business and innovation advisory servicess

OUR INTEGRATED SERVICES

Discover our range of integrated services crafted to drive strategic development, streamline your operations, and elevate your business to new heights

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Integrated Corporate Management

Integrated Corporate Management

Partner with HGM Consulting to drive growth, innovation, and long-term success through expertly managed corporate strategies and a robust governance framework.
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Economic Policy and Program Development

Economic Policy and Program development

Our holistic approach ensures that our clients achieve optimal outcomes in strategic organizational management and operational excellence across all business and technology domains.
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The picture represents Digital Transformation service of HGM Consulting

AI-Driven Digital Transformation

AI-Driven Digital Transformation

HGM Consulting optimizes a client’s portfolio and business processes aligning them with a digital strategy and business model to improve organizational performance.
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The Globe represents FDI attraction service of HGM Consulting

Foreign Direct Investment (FDI) Attraction

Foreign Direct Investment (FDI) Attraction

Through targeted policies and incentive programs, HGM Consulting assists governments and businesses in attracting foreign investments, including venture capital.
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The Globe represents the technology commercialization service of HGM Consulting

Technology Commercialization
and Transfer

Tech Commercialization
and Transfer

We enhance both the economic viability and market impact of innovations ensuring that technologies not only reach the market but also achieve sustainable success.
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Institutional Building to Promote Innovation

Institutional Building to Promote Innovation

HGM Consulting helps both industry players and governments build strong business and innovation support infrastructure, leading to diversified economies and increased investment. 
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The picture represents the development of Public private partnership PPP

Public-Private Partnerships (PPP)

Public-Private Partnership (PPP)

We offer an international expertise in PPPs, guiding clients from the early stages of project assessment through to completion, across various sectors, including infrastructure and energy.
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Capital Investment and Asset Management

Capital Investment and Asset Management

We focus on enhancing the global value of your capital investment and assets, guiding you through uncertainties with a comprehensive lifecycle management approach. 
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HGM Consulting's team members discussing Capital Investment and asset management opportunities

Business, Career, and Executive Coaching

Business, Career, and Executive Coaching

Our services designed to address various aspects of business and professional growth through enhancing leadership capabilities and navigating career transitions. 
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Integrated Corporate Management

HGM Consulting offers the Integrated Corporate Management services designed to enhance organizational performance and achieve sustainable success.

Our expertise spans Strategic Planning and Management, Program/Portfolio Management, Business Analysis and Risk Management, Organizational Performance Improvement (Lean Six Sigma based), Investment and Financial Management, Innovation Management, Strategic Partnership Building, and Governance System Building and Optimization.

Each service is tailored to align with your strategic objectives, ensuring effective decision-making, efficient resource utilization, and continuous improvement.

Partner with HGM Consulting to drive growth, innovation, and long-term success through expertly managed corporate strategies and robust governance framework. Contact us today to learn how we can help your organization thrive.

Economic Policy and Program Development

HGM Consulting offers a full-cycle policy and program development service, covering every aspect from inception to post-project review and continuous improvement.

We provide strategic advice to governments, non-profits, and corporations being specialized in crafting effective policies and strategic programs that address both macroeconomic and microeconomic challenges.

Through detailed analysis, digital transformation, application of innovative business management and technology advancement tools, and proactive stakeholder engagement, we develop tailored solutions that align with the specific needs and objectives of our clients.

We effectively support the institutionalization of policy and program change and the ongoing improvement of portfolio management system to ensure sustained effectiveness and adaptability in a dynamic environment. 

AI-Driven Digital Transformation

HGM Consulting partners with businesses to navigate and succeed in digital transformation, ensuring they stay competitive in a rapidly changing landscape.

With a focus on integrating digital technology seamlessly into business operations, HGM Consulting optimizes a client’s portfolio aligning it with digital strategy and business model to improve organizational performance.

Through strategic planning, AI, and cloud-based solutions, HGM Consulting crafts tailored paths for businesses to enhance their ability to innovate and grow. 

By partnering with us, clients gain more than just a service but rather a collaborator in reshaping business culture and processes. We train and coach your team to integrate and harmonize technological solutions with essential human elements, such as tailored digital customer and employee journeys. 

Foreign Direct Investment (FDI) Attraction

HGM Consulting is enhancing its investment attraction and retention services to support economic development for regions and businesses globally.

Our approach includes tailored solutions, data-driven insights, and strategic partnerships, aimed at helping clients achieve investment and growth objectives. The firm specializes in creating investment-friendly environments, advising on policy adjustments, and leveraging a global network for strategic insights.

Through targeted policies and incentive programs, HGM Consulting assists in attracting foreign investments (including venture capital), supporting clients from policy and program design stage through planning to implementation.

Our services are crafted to transform regions and businesses into attractive destinations for sustainable growth and competitive advantage in the global market.

Technology commercialization and transfer

HGM Consulting is an expert in technology incubation, commercialization, and transfer, providing comprehensive solutions that transform innovative research into profitable market ventures.

The company services a diverse clientele that includes startups, established companies, academic institutions, investors, and public sector organizations.

HGM Consulting provides strategic commercialization planning, market analysis, partnership development, academic collaboration, and licensing. We ensure that technologies not only reach the market but also achieve sustainable success.

Through these focused efforts, HGM Consulting effectively mitigates common risks associated with technology commercialization, enhancing both the economic viability and market impact of innovations.

Institutional Building to Promote Business and Technology Innovation

Our Team excels in institutional building for supporting business and technology innovation. We create support policies, programs, and infrastructure, including incubators, accelerators, techno-parks, industrial parks, science cities, and special economic zones. 

Small and medium-sized businesses generate most new jobs but face high failure rates. Imagine an incubator increasing start-up survival rates by 40%, or a technology park accelerating time-to-market by 70%.

We also support economic clustering at national, regional and international levels. Clusters enhance productivity through shared resources and networking, with proven increases in collaboration and patent output.

HGM Consulting helps both industry players and governments build strong business and innovation support infrastructure, leading to diversified economies and increased investment. 

Public-Private Partnership (PPP)

Public-Private Partnerships (PPPs) are agreements where government entities and private companies collaborate to finance, build, and operate projects that are usually managed by the public sector.

These partnerships are detailed and require careful coordination to make sure both public and private interests are protected while delivering public value.

HGM Consulting offers an international expertise in PPPs, guiding clients from the early stages of project assessment through to completion, across various sectors, including infrastructure, healthcare, education and energy.

Our approach includes a deep understanding of PPP framework, strong asset management practices, and strategic planning and risk management, helping clients navigate the intricacies of PPP arrangements and achieve successful outcomes.

Capital Investment and Asset Management

At HGM Consulting, we’re here to boost the impact and value of your investments and asset management through strategies tailored specifically for your unique challenges and opportunities.

The goal is to help you get the most out of your assets, streamline your operations, and make smarter decisions, all backed by the power of data and the latest technology.

We focus on enhancing the global value of your assets, guiding you through uncertainties with a comprehensive lifecycle management approach, and helping you stay ahead with strategic technology adoption. 

Think of us as your partner in preparing for the future, ensuring your organization not only keeps up with the pace of change but sets the pace, driving innovation and executing strategies efficiently to stay ahead of the curve. 

Business, Career, and Executive Coaching

We believe that exceptional leadership and career development are fundamental to personal and organizational success. Our services are designed to address various aspects of business and professional growth through enhancing leadership capabilities and navigating career transitions. 

Business Coaching: our service empowers leaders with the strategies, insights, and skills needed to drive their organizations toward sustained success and growth.

Executive Coaching: we partner with upper management to enhance their leadership skills, performance strategies, and stakeholder management methods.

Career Coaching: we help clients find fulfilling careers.

We are trained and certified in utilizing Marshal Goldsmith’s Stakeholder-Centered Coaching technology – the global leader of the coaching industry.

why choose us

HGM Consulting is a forward-thinking consulting firm that delivers comprehensive, end-to-end enterprise solutions tailored to the modern public sector and corporate business. Working across various industries, the company leverages a trio of Strategic Management System (SMS) components — Integrated Policy and Program Development, Integrated Corporate Management, and Integrated Global Intelligence and Business Network, — empowering organizations to not only navigate the complexities of today’s business environment but to thrive within it.

Value Proposition

We provide practical and effective business solutions for clients targeted at implementing complex strategies, streamlining operations, or innovating their offerings. Let us help you improve efficiency, uncover new opportunities, and achieve your goals with our proven expertise and strategic solutions tailored to your unique needs.

Global Reach

Extensive international presence and expertise across multiple industries and regions.

Comprehensive Strategic Solutions

Integrated services covering strategy and operations, policies and programs, functional and portfolio management, business and technology innovation, effective governance, and ongoing risk management and system/process improvement.

Innovative Approaches

Advanced methodologies and tools to optimize performance, drive transformative change and competitive advantage.

Client-Centric Focus

Tailored solutions designed to meet the unique needs and goals of each client.

Expertise and Experience

A team of seasoned professionals with deep industry knowledge and proven track records.

Strategic Insights

In-depth analysis and strategic guidance to navigate complex business environments.

Technology Integration

Advanced technology solutions to support digital transformation and innovation.

Collaborative Partnerships

Strong emphasis on building lasting relationships and delivering measurable results.

Key Service Streams

Program-level distribution of services

Economic Development Strategy 95%
Corporate Management 95%
Policies & Programs 95%
Institutional Building 85%
Investment Attraction 80%
Executive Coaching 70%
Business & Tech Innovation 95%

Feedback from our clients

Excellence in Service: Your Satisfaction, Our Commitment

Transform Your Ideas and Market Potential
Into Business Success

Advisory Board

Our Leadership Team: Driving Vision, Inspiring Excellence

Damir Giyaz Market Research & Analysis expert at HGM Consulting

Damir Giyaz

MBA, PMP

Chair of the Advisory Board

Expertise:

In the face of various economic uncertainties and changes in the investment and trade environment within North America and between its nations and countries of Europe, Asia and the Pacific…

Elena Mazur​ Marketing & Communications expert at HGM Consulting
Elena Mazur​

MS, Marketing

Co-Chair of the Advisory Board

Expertise:

HGM Consulting has a strong commitment to putting clients at the forefront of all business activities. We act as strategic advisory to our clients including leading the development of robust business models…

Brita Ball

Ph.D, CTDP, ECPC

Co-Chair of the Advisory Board

Brita Ball Innovation management expert at HGM Consulting

Expertise:

Most businesses become successful through their focusing on a clear, strategic vision, taking steps needed to make it a reality, making performance improvements and measuring progress along the way…

Frank Wagner

Ph.D, MBA

Co-Chair of the Advisory Board

Marshal Goldsmith Executive Coach Frank Wagner

Expertise:

Change at the organizational level is difficult. One of the most crucial elements in the system is the leadership at the top. When everything is subject to change and improvement, the one area…

Ludmila Pirogova Investment and Asset Management expert at HGM Consulting
Ludmila Pirogova

MBA, CPA, CMA, MPhil

Co-Chair of the Advisory Board

Expertise:

HGM Consulting brings extensive international expertise in Strategic Corporate Management and Digital Transformation, Technology Commercialization and Transfer creating substantial impacts at both enterprise and macro-economic levels… 

Chetan Mannige Business Intelligence expert at HGM Consulting
Chetan Mannige

MS, Game Theory

Co-Chair of the Advisory Board

Expertise:

By employing a toolset of strategic business intelligence, and crafting and executing effective policies and programs, HGM Consulting drives complex institutional development, organizational excellence and continuous innovation…

Advisory Board

Our Leadership Team: Driving Vision, Inspiring Excellence

Damir Giyaz Market Research & Analysis expert at HGM Consulting

Damir Giyaz

MBA, PMP

Chair of the Advisory Board

Expertise:

In the face of various economic uncertainties and changes in the investment and trade environment within North America and between its nations and countries of Europe, Asia and the Pacific…

Elena Mazur​ Marketing & Communications expert at HGM Consulting

Elena Mazur​

MS, Marketing

Co-Chair of the Advisory Board

Expertise:

HGM Consulting has a strong commitment to putting clients at the forefront of all business activities. We act as strategic advisory to our clients including leading the development of robust business models…

Brita Ball

Ph.D, CTDP, ECPC

Co-Chair of the Advisory Board

Brita Ball Innovation management expert at HGM Consulting

Expertise:

Most businesses become successful through their focusing on a clear, strategic vision, taking steps needed to make it a reality, making performance improvements and measuring progress along the way…

Frank Wagner

Ph.D, MBA

Co-Chair of the Advisory Board

HGM Consulting

Expertise:

Change at the organizational level is difficult. One of the most crucial elements in the system is the leadership at the top. When everything is subject to change and improvement, the one area…

Ludmila Pirogova Investment and Asset Management expert at HGM Consulting

Ludmila Pirogova

MBA, CPA, CMA, MPhil

Co-Chair of the Advisory Board

Expertise:

HGM Consulting brings extensive international expertise in Strategic Corporate Management and Digital Transformation, Technology Commercialization and Transfer creating substantial impacts at both enterprise and macro-economic levels… 

Chetan Mannige Business Intelligence expert at HGM Consulting

Chetan Mannige

MS, Game Theory

Co-Chair of the Advisory Board

Expertise:

By employing a toolset of strategic business intelligence, and crafting and executing effective policies and programs, HGM Consulting drives complex institutional development, organizational excellence and continuous innovation…

Our Global Consulting Network

We Operate in North America, Europe, Central & East Asia and the GCC Region

(Click on flags to find out our target markets in each region)

our affiliates

Synergy within our network can transform your strategic initiatives into a cohesive force for growth and innovation

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Digital Marketing for Government Agencies, Mid-level and Large Firms

Digital Marketing for Entrepreneurs, Small Companies and NGOs

Business Coaching, Executive, Leadership and Career Coaching

Scientific (STEM) Education and Technology Advancement

Fully Integrated PoS and Other Digital Solutions

Our Partner
in AI-Based
Digital Transformation

Technology Innovation

Insurance Banking Investment

At the Forefront of

Our Target Market in Europe

Our target market in Europe represents a rich tapestry of economic activities, from advanced manufacturing and technology to natural resources and emerging markets, providing a myriad of opportunities for investment and growth.

Germany leads with a robust economy, featuring the highest GDP and a strong industrial base. Italy and Turkey also showcase significant economic influence, with Italy’s economy rooted in manufacturing and exports, while Turkey’s economy is characterized by rapid growth and a large, young population. Switzerland and Austria, known for their high standard of living and stable economies, excel in finance, technology, and innovation.

Eastern European countries are experiencing steady economic growth, driven by industrial expansion and increasing integration with the European Union. Smaller economies such as Bulgaria and Slovakia are gradually modernizing, with ongoing efforts to attract foreign investment and enhance economic stability.

Our Target Market in Central Asia

Our target market in Central Asia includes Uzbekistan and Kazakhstan, both of which are rapidly emerging as significant economic players in the region being committed to fostering a business-friendly environment, promoting economic stability, and integrating into the global economy. These nations offer a wealth of investment opportunities, supported by their rich resources, strategic initiatives, and an increasingly open market landscape.

Uzbekistan, with its strategic location and abundant natural resources, is undergoing a transformative economic reform process. Key sectors include agriculture, energy, textiles, and mining. Recent government initiatives to improve the business climate and liberalize trade policies are creating new development opportunities.

Kazakhstan, the largest economy in Central Asia, benefits from vast natural resources, particularly in oil, gas, and minerals. The country has made significant strides in modernizing its economy, with substantial investments in infrastructure, technology, and industrial diversification.

Our Target Market in East Asia

Our target market in East Asia includes China and Korea, both of which are powerhouse economies with significant global influence. These countries offer a dynamic and lucrative environment for investment, supported by their advanced technological infrastructure, skilled workforce, and strategic initiatives aimed at integrating into the global economy.

China, the world’s second-largest economy, is renowned for its rapid economic growth, vast manufacturing capabilities, and technological advancements. Key sectors include technology, manufacturing, finance, and e-commerce. Cities like Beijing, Shanghai, and Shenzhen are global hubs for innovation, business, and finance.

Korea, with its highly developed and technologically advanced economy, is a leader in innovation and digital transformation. Korea’s emphasis on research and development, supported by strong government policies and private sector initiatives, drives continuous growth and competitiveness in global markets.

Toronto Headquarters

Located in Downtown Toronto, our main office provides strategic planning and portfolio management, as well as operational and methodological support to the regional project and program offices, including access to the global business intelligence and investment network. 

Our Target Market in the Americas

Our target market includes the United States and Canada offering a dynamic and prosperous economic environment, characterized by innovation, diversity, and robust growth. Both countries have well-developed infrastructure, supportive regulatory environments, and policies that encourage business development and foreign investment.

The United States boasts the largest economy in the world, driven by a strong emphasis on innovation, technology, and a diverse range of industries. Major urban centers like New York, Los Angeles, and Silicon Valley are global hubs for finance, media, and technology, respectively.

The Canadian economy is diverse, with significant contributions from natural resources, manufacturing, and services. Canada’s strong emphasis on education and innovation, along with its open trade policies, has fostered a conducive environment for business growth and international investment.

 

Our Target Market in The Gulf Cooperation Council (GCC) Region

GCC Region

Our target market in the GCC region includes Saudi Arabia and the UAE, both of which are key economic powerhouses in the Middle East with rapidly diversifying economies. These countries offer immense investment opportunities, supported by their robust infrastructure and ambitious visions for the future.

Saudi Arabia, the largest economy in the GCC, is undergoing significant transformation under its Vision 2030 initiative. This ambitious plan aims to diversify the economy away from oil dependency, focusing on sectors such as tourism, entertainment, renewable energy, and technology. Major projects like NEOM and the Red Sea Project are set to transform the economic landscape.

The UAE, particularly through its dynamic cities of Dubai and Abu Dhabi, is a global hub for trade, finance, tourism, and innovation. The country is known for its state-of-the-art infrastructure, strategic location, and pro-business environment. Initiatives like the UAE Vision 2021 and the Dubai 2040 Urban Master Plan emphasize sustainable development, economic diversification, and technological advancement.

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