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Improving the results of a key indicator such as profit isn’t as simple as coming up with a new strategy or vision. Profit is one measurement of the efforts of an entire business. A business is a complex machine with individual parts expected to work smoothly together. It’s difficult to fine-tune the alignment of a business’ strategy and the interactions of its operations, marketing, and finance / administrative functions. In fact, we’ve never run across a business that’s running at perfect effectiveness, because there’s always room for improvement. When we focus on improving margins, we ask questions that get to the root of the company’s performance. For example, we want to find out if profits have been stagnant, eroding gradually or quickly, or if they are fluctuating for an unknown reason. We determine if the issue is external, such as a declining market, increased competition, or with the supply chain, or if it’s an internal problem with productivity, the business model, or management. We use the findings of our thorough assessment to identify issues and to propose solutions tailored to each client’s situation. However, our professionals don’t stop there. As appropriate, we work hand-in-hand with our clients to implement action plans and make sure change really happens. That’s the best way for our clients to benefit from our experience and track record of success. |
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