Client Success Stories
Business Profitability and Growth
Client: Mid-size manufacturing company
Challenge: Business is not meeting profit goals
- Action: Complete expense analysis and expense reduction plan.
- Why: Determine reason for cost overruns.
- Action: Facilitate strategic planning effort and finalize short and long-term strategic plans including diversification of the business.
- Why: Over 90% of sales are from one customer. Business is at risk if that customer seeks other suppliers.
- Action: Clarify responsibilities and accountabilities.
- Why: There is a lack of clarity about who is in charge; lack of cooperation among managers; and inability to deal with under-performing personnel.
Result: Business met their financial goals and is on a strategic plan for growth and diversification.