WHY USE OUTSIDE RESOURCES
There are many reasons that lead a business to involve outside resources:
- “We are okay,” but wonder what new approaches would deliver better results
- Internal staff does not have the time or expertise to address a specific business
challenge
- Persistent issues:
- Missing revenue/profit goals; slipping margins; growing inventory
- Organization ineffectiveness to execute specific tasks on time and on budget
- Slow new product execution
- On-time order fulfillment not up to customer expectation
- Management transition
- Prepare the company for sale to maximize value
- The experience of the existing board or advisors is too narrow