1. To add leadership... | |
2. To provide an independent assessment... quickly understand the state of affairs and provide objective recommendations... | - "Help us figure out what to do with the company. Where do we go from here... should we hold and grow or exit?"
- "Give us an assessment of management."
- "The company is heading sideways and we want to stop the decline in performance. We're not close enough to determine the causes; we think management is too close to be objective about the analysis."
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3. To unravel and fix matters that require immediate attention... | - "The management team needs help to restructure the operations, monitor cash, and cut costs."
- "There's too much emotion and conflict within our management team; we need a professional to help us get the facts and sort out the real issues."
- "Inventories have grown and we think there are multiple process and logistics issues that need immediate attention."
- "Help us identify our ideal customers."
- "Why have we started losing money?"
- "Cash is really tight... what can be done to free up cash?"
- "We need new ideas on how to restructure the sales and marketing groups for both divisions."
- "We have a cost problem, but can't figure out the causes."
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4. To free up management time or limited personnel resources... | - "We want you to take on the industry and customer aspects of our due diligence review."
- "We're spending too much time on this investment. We need someone we trust who can work with management on our behalf."
- "We don't want management distracted from the day to day operations of the company."
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