"operations" Posts

Global Resources Reviews: Improved Corporate Operations

Situation

A family-ran electrical contracting firm, in business for four generations, decided to use Global Resources “to improve profitability from our non-construction profit centers as well as improve their overall operations.”

This included structuring the management compensations packages for these centers, along with setting realistic goals to use in comparing achievements versus expectations. A performance dashboard was also created “to compare important non-financial results to those targets in order to make course changes before issues became serious problems.”

Process

The Global Resources consultant “worked with us to determine specific business expansion plans, define managerial accountabilities, and track results in each