Facilitated delivery of performance improvement helps entities achieve growth and profitability

A manufacturing client with $20 million in annual sales approached our Business Advisory department for help in developing a growth strategy to meet ownership appreciation objectives for the management team. We determined that the Company needed to grow to $50 million per year in sales over the next five years. The Company had a new CEO as a result of family succession planning, but he was relatively inexperienced in creating a strategic vision for the entity. We provided leadership training and mentoring, developed a corporate vision, provided management training for key emplyees, developed a financial pro forma model to track growth and profit performance, and facilitated the implementation of an action plan to achieve the Company's goals. So far, phase 1 of the engagement is complete and targeted goals have been met or exceeded.