Performance Improvement Solutions
Cost Reduction
The quickest way to impact the bottom line is to reduce costs. We work with management to make cost savings happen quickly and efficiently. Our team includes over 30 experts with decades of experience working in specific areas of expense. We focus on purchased items and services, and not on people, and we can impact the bottom line in as little as 60 days.
Cost sectors we look at include:
Healthcare
Materials/Supply Chain
Supplies
Financial Services
Facilities
Telecom/IT
Personnel Related
Major Vendor Contracts
Business Improvement
We focus on two things
Eliminating unprofitable businesses and business practices.
Driving growth
Sometimes it is hard to see where a company is losing money. We lead programs to identify profit leakage by undertaking detailed analysis of a business down to the product, customer or even SKU. Our work creates a massive data set on which we can rely to make better, fact-based decisions on products, customers and pricing. Our most immediate impact is to help eliminate unprofitable businesses, customers, products, SKUs, and markets.
All companies have ways to grow. Most run out of ideas.
CMG has studied hundreds of situations, often businesses that are struggling to find ways to grow and innovate. We work with management teams and industry experts to develop new strategies and approaches. Our work includes but is not limited to setting up the following:
New market expansion (market analysis)
New product launches
Adding service components
Premium features
Setting up joint ventures
Licensing
Post sale services
Life cycle management
International opportunities
Execution & Leadership
We are action-oriented, and we prefer to implement the recommendations we make.
To speed up implementation and to ensure improvements are made, we take interim or semi-permanent C-Level positions in organizations in order to affect change.
We have had an excellent track record of success, delivering well in excess of $250 million in profit improvements which has generated more than $2BN in economic value.