Corporate Fuel can help you realize full value by augmenting your company’s leadership to sustain your growth, improve financial management, professionalize your operations or prepare for a transition.
CASE STUDY
Crystal importing business
Challenge
Respond to changing industry and increased foreign competition
Highlights
Highly successful and profitable company until prior two years
New competition from Asia led to declining margins and profitability
Company founder was 75 years old and no longer able to lead transition
Younger generation was sales-oriented but lacked experience in operations, administration and finance
IT infrastructure and financial controls were insufficient to meet new challenges
Family agreed to cede responsibilities to an experienced executive
Corporate Fuel recruited a strong Chief Operating Officer with deep financial management experience
Result
New COO improved performance in first six months through expense reductions, right-sizing the business and better financial reporting, followed by new IT system and other outsourcing strategies
I am looking to:
- Select your goal
Realizing Full Value
Corporate Fuel helps successful businesses address the challenges of growth.
Read our case studies