|GET FOCUSED. GET CONTROL. GET GROWING.|
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Case C: Technology Company Reorganizing for Growth
An established engineering/design firm bouncing back from three difficult years needed to reorganize for long-term growth.
This formerly successful company was financially impacted by several difficult economic years after the technology bubble burst. The company president needed to reorganize his business to first return it to its former revenue and employee size. Next to grow the business it into a larger and more profitable organization.
I advised the company president to work more on his business than in it. Some of the issues we have tackled to date have been to:
In the coming months we will launch some of these new processes. I will work with key team members to help identify a new corporate structure. The client's goals are to double the number of employees, triple revenue, increase profitability and create a reserve account over the next three years. Also, the president wants to set up a system that will reward key employees by offering them stock in his privately-held company.
The growth of the company is being managed to ensure consistent quality output.
New marketing initiatives are generating leads.
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