Ok, just so we're clear, Im going to assume you are talking about the commands forward-word and backward-word these are bound by default to Alt+f and Alt+b
eg string: "Hello dolly I am here"
If your cursor is on the "H" of "Hello", and you do forward-word the cursor will move to the space between "Hello" and "dolly", but it sounds like you want the cursor to be on the letter "d" of "dolly" instead of in-front of it.
So, do forward-word twice, then backward-word once.
That will put your cursor on the "d" of "dolly".
This can be automated with a macro.
;; = comments, do not type them
Ctrl+x ( ;;start macro
Alt+f Alt+f Alt+b
Ctrl+x ) ;;end macro
Then to run last defined macro do this:
Ctrl+x e
EDIT: as pascal mentioned in a comment, this can also just be done with
Alt+f Ctrl+f
You could put that into a macro as well, either way the result is the same.