J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreThe client was the fourth-largest transportation authority in the United States, with more than 9,500 employees.
The client was facing an uncertain future due to financial and service concerns, escalating labor and administrative costs, reductions in an already declining ridership base, and projected reductions in both Federal and State operating subsidies.
The client’s Board engaged our experts to provide a proactive and business-oriented approach to evaluating options and pursuing methods to improve upon the quality and effectiveness of the entire organization. Our professionals took a pragmatic, business-oriented approach to evaluating all of its operating and administrative activities. Our report detailed more than 135 recommendations designed to achieve a high level of efficiency and economic savings throughout our client’s operations. Our team then assisted in implementing productivity standards, improving purchasing practices, and enhancing service quality, as well as reducing costs in the workers’ compensation function.
Brian F. Gleason, CTP
Senior Managing Director
Strategic Advisory Practice
+1 610 659 8118
[email protected]
> Business / Operational Assessment
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Navigating the many challenges confronting a company in transition requires an operationally focused approach that looks beyond the balance sheet to minimize further degradation and build a path to sustainable growth. Drawing upon decades of experience in the turnaround space, we help companies in transition identify practical strategies to improve profitability and liquidity for immediate relief, while concurrently developing and executing a comprehensive turnaround plan for long-term, sustainable value creation.