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Turnarounds are not a spectator sport and the clock is ticking

 A PE owned light manufacturer's ERP implementation was a year late and 2X initial budget with no end in sight. 

  • Implemented 1st ever strong Project Gvernance with minimal overhead.  This structure has been expanded company-wide for all projects/initiatives
  • Redefined the company in terms of 3 macro-processes, assigned each a Process Owner tasked with maintaining efficiency and  fitness for purpose
  • Changed ERP implementors, revised open-ended contracts into 'bulletproof' predictable engagements 

 A NASDAQ listed software vendor was stalled, and required a then struggling Professional Services Division to deliver both license and services revenues to survive and regain momentum.

  • Despite the post 9/11 recession, within 18 months increased services Gross Margins from -23% to +42%, increased Utilization from 66% to 97%, reduced turnover from 100% to 5%, reduced DSO from 90+ to 55 days, net realization increased 50%, worked with Sales force to sell multiple new licenses (new customer and renewal)

A VC funded Portal was experiencing 300% turnover, minimal return on expended investments and a mutiny.

  • Reduced staff and turnover to manageable levels, quelled mutiny, refocues strategy, staff and investors on future growth
  • Lead due diligence, including resolution of unexpected IP ownership and related valuation issue which resulted in a Series B round
  • Restarted stalled joint venture with leading Emerging Markets trading house

A NASDAQ listed tech manufacturer had a struggling subsidiary in a high-inflation, high regulation, politically uncertain country. 

  • Reduced staff to bring operations in line with existing and projected revenues
  • Had products reclassified under lower tariff classification, immediately effectively reducing the market price by 20%
  • Operated under a local cash basis, while continuing to file US GAAP financials to US HQ

A high-profile consulting division of an F50 company, acquired by an overseas division, was underperforming in the US and creating customer satisfaction issues in major Global accounts

  • Converted into a product company
  • Implemented a hybrid (services/package) selling model, changed HR model
  • Won new business at premium pricing via direct selling
  • Company turned profitable within 12 months

A Global Insurer’s senior Finance management needed Project Management support for their role in an Enterprise SAP Financials implementation.

  • Determined published scope was inadequate to their needs; presented revised scope
  • Deployment sites and strategy heavily modified/rationalized
  • Conducted deep root cause analysis of Field and HQ Close process, replacing urban myths with fact base for accurate decision making

A UK based software company had contracted with a leading Global Asset Manager on a joint product development  Deadlines were missed, status was overstated and Project Management had lost credibility.

  • Paused project, reviewed and redrafted project plan reflecting both sides' resourcing commitments
  • Replaced software company representative to the customer
  • Reviewed and modified UI deliverables from a ‘force fit’ of dated technology to a more modern thin client interface
  • ‘Sold’ new deliverables to HQ R&D, Product Development, President and Board

A NASDAQ listed software company and a Big 4 jointly contracted to develop a breakthrough product. The Big 4 designed the product as a starter-kit, rather than the software company’s envisioned easily installable product.

  • Redrafted nature of product, making it more of a product
  • Represented software company’s Office of the President as daily on-site Project Manager for build phase.  Worked intensely with Product Management, Marketing, Sales, R&D, etc.
  • Delivered product on time, on budget, assisted in first sale