Where We Can Help The Watchorn
Advisory Group can help senior managers and their leadership teams
by providing both experience and expertise in virtually all areas of
financial services. Not only can we help to address challenges in
general management and strategy but we can also access specialists
who are knowledgeable in each and every aspect of the business.
Specifically, we can help when:
- All the organization's resources are
committed to existing projects but a high priority opportunity or
challenge needs qualified and experienced people.
- An external perspective is required.
- Time constraints are such that required
actions cannot be completed on schedule.
- A complex new project, product, service or
process has been designed or developed but resources are lacking
to manage implementation.
Our areas of expertise include but are not
limited to the following:
Strategic Planning
Working with the senior leadership team we can
help to develop a new direction or we can assess and confirm an
existing plan. Once a plan has been approved we can also help in its
implementation.
Distribution Development
Companies today are faced with many questions
about how they should distribute their products.
- Should a proprietary channel be established
or maintained?
- How should multiple distribution systems be
managed with a minimum of channel conflict?
- Should manufacturing and distribution be
separated?
- How does the cost of distribution get
factored into pricing?
- What compensation system best serves the
company, the customer and the distributor?
We can help answer all these and other related
questions.
Risk Management and Compliance
The regulators, Company Boards and senior
management are placing increasing emphasis on proper risk management
systems. This is essential to not only avoid potential disasters but
also to take full advantage of opportunities. At the same time,
compliance must be actively managed, both from a regulatory and a market conduct perspective, We can help companies evaluate the
procedures already in place and then establish new ones to fill the
gaps.
Financial Management
Good financial management starts with a
thorough understanding of the drivers of profitability and the
relationship between risk and return. We have been involved in the
assessment of business plans, the development of financial reporting
systems and the successful turnaround of money-losing operations.
Acquisitions and Dispositions
We can help a leadership team find the right
acquisition, negotiate the terms and then in the implementation. We
can also help determine what businesses should be sold and how this
can best be handled.
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