Company Size & Timeframe
- $10+ million in revenue
Results
- Saved the company $2+ million dollars to avoid bringing product to an already saturated market
- Leveraged interim’s network – Introduced company to another market leader, creating an opportunity to enter in an alternative way
- Began strategic discussions for potential partnership
Company Profile & Position
- VP of Strategy
Situation
- Company sought to expand its business through new market offering and different product positioning
- Recent acquisition enabled product offering to military health market
- Was an outsourced personnel company, but saw a trend in federal government insourcing
- Needed to grow business in an upward trending area
- Wanted strategic assessment of portfolio offering and potential target markets
Implementation
- Performed analysis on internal offerings and surveyed against current state of the market
- Created business case to close identified gaps
- Determined the cost to achieve product competitiveness in an already saturated market (about $2 million)
- Delivered full presentation with all discoveries and recommendations
Cerius Insights – Customer Quote
Any amount of time spent in due diligence will save greatly in time and resource investment.