Though
the concept of corporations may be long established, we understand
that new technology and deployment models force real and rapid
change within companies and markets. We have over 20 years of experience
shepherding companies' operations through major market change.
In the
rapidly commoditizing storage industry space, we have supported
clients with operational improvement programs in manufacturing,
supply chain and sales and marketing. We also work with new players
bringing innovative products to market. Our Operational Support
services include:
Management
Outsourcing
Restructuring
Management
Having been successfully placed in large and small organizations
as interim management for turnaround and restructuring, our partners
can consult to your organization on a short-term basis for a long-term
effect.
Partners
have held various interim positions including CEO, COO, financial
manager, technologist, chairman of the board and board member.
Outsourcing
Focusing your management resources on their core competencies through outsourcing
in a downturn will return your company to profitability.
We
leverage our global resources including Europe, China and India
enable us to help companies restructure their global manufacturing
and logistics operations, customer management outsourcing and services
outsourcing.
Several
of our partners were involved in the creation of complex outsoursing
programs such as Manufacturer's Services, one of the larger, successful
outsourcing companies in the US. Built from scratch through the
acquisition of businesses and OEM facilities, it became a billion-dollar
company within five years.
Restructuring
Working with management or boards we aptly develop business plans
to restructure a company including:
• Acquisitions
and divestitures
• Refinancing
• Other financial strategies
Once
a restructuring plan is developed and decided upon, we assist management
with its implementation.
Engagement
highlight: In conjunction with our predecessor company, 54th Street
Partners we restructured a multi-national, publicly-listed software
company. This included:
• Staffing
the company with our consultants as interim management;
• Working with existing management to downsize the firm;
• Restructuring the fiscal structure of the company; and,
• Hiring new management and returning the company's day-to-day operations
to the CEO.
The
company has been running successfully for the past two years.
We have
also worked on a smaller scale for emerging companies. Restructuring
services for smaller companies include:
• Managing
soft landings as products were discontinued;
• Assisting in identifying products and services to generate immediate
revenue; and,
• Implementing strategies to make them profitable in the near term.
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