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Paradyne provides the following Consulting Services:
- Project-Based Consulting
- Infrastructure Outsourcing
- Executive And Organizational Training
Project-based Consulting through our Consulting Services provides a full complement of resources to deal with any issue or challenge. Paradyne can provide services on a one-time project basis or on an ongoing basis, depending upon your particular needs. Services include: |
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- Strategic and Operational Business Planning
Strategic planning takes a holistic look at a company's vision and aspirations, while testing and refining corporate objectives. Planning includes mapping a self-correcting process to achieve new levels of performance and improve the bottom-line. It helps companies decide where to focus, where to compete and how to allocate resources. Strategic planning serves as a starting point for such related work as operational planning, growth, portfolio strategy and M&A strategy.
Surprisingly, many companies often fail to take a long-term view in strategic planning, mistakenly believing it does not necessarily lead to higher returns. Paradyne works with clients to incorporate a long-term perspective into their strategies, while focusing on the biggest issues they currently face and on the best way to get results. |
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Our performance improvement and streamlining work is critical to bottom line success. On average our clients have achieved 15% revenue and 7% margin growth over one to three years. As part of our commitment to creating value, we tie our own fees to our clients' results.
Our approach ensures that clients achieve leadership in their core business, expand thoughtfully, and constantly improve through operational excellence. Typically, we start by using simple diagnostic tools, such as an operational review and flow chart to identify the key levers for improving performance in a given situation. For the key priorities to improve performance, we define specific goals. Then we pool client and Paradyne resources and use the most valuable tools, Paradyne functional expertise, and change management techniques to deliver results. |
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- Financial/P&L/Mergers & Acquisitions
Nearly all studies (Bain & Company) have shown that only 3 in 10 big deals create meaningful value for the shareholders who are footing the bill. Half actually destroy value. Although success at deal making isn't easy, many great companies were built on deals, and many deals are clear winners. Many owners and executives are faced with the dilemma of an exit strategy and shareholder value. Paradyne helps to navigate these waters. From this experience we have learned that a disciplined approach to the acquisition/merger process is vital to ensure success. The disciplines are: |
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- Invest with a clear goal in mind - Acquisitions/mergers are growth strategies. Successful deals have an investment thesis that is founded on a firm's portfolio needs and basis of competition. If the parameters of the deal change mid-stream: re-evaluate.
- Ask the big questions - Focus on the few, big questions in due diligence that test the investment thesis. Don't focus on the trivial many.
- Integrate where and only if it matters - Prioritize getting at the key sources of value. Gain more by integrating less.
- Plan for things to change - Know what you can and cannot do and prepare for things to go wrong. They do. Both the length of time and cost to deal close will increase exponentially over what you expect.
- Enterprise Performance Management/Success Metrics
Let Paradyne work with your executive team to determine those few Success Factors that are critical to the vitality and growth of your organization. Monitor and report on progress on a monthly basis and ensure accountability across your staff. Remove the subjective personality conflicts that invariably arise and make sure that the results are what count in moving your company to growth and bottom-line improvements.
- Information Technology/CRM/Systems
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| If you need help getting a start-up or an information technology initiative off the ground, need to experience rapid infrastructure build-up, or need help in launching your operation, then you have come to the right source for quality assistance. Consulting services are available to assist with ERP implementation, data center construction/upgrades, and major system/software development projects. With over 20 years of extensive experience in technology operations, infrastructure build-up, and IT development spanning multiple business venues, and with virtually all contemporary platforms and applications, Paradyne can help. We can serve as either "Project Manager" or "Advisor/Coordinator" between principals and technology vendors and developers. Whether you have a project already in progress, or you need assistance getting started you have come to the right source for expertise. |
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- Human Capital / Resources
We offer interim and part time HR services if you require an HR executive on board immediately, directing your HR function until a permanent employee can be hired or if your business does not require a full time HR executive. An interim HR manager from Paradyne has years of experience as an HR executive, and will quickly start solving problems and taking action in the following areas:
- Staffing process and talent acquisition
- Performance management system design and implementation
- Succession planning
- Compensation studies and programs
- Retention strategies
- Workforce planning
- Training and staff development
- Daily HR requirements
Paradyne acts quickly and effectively to aid companies that are experiencing declining or underperforming bottom-line business results. From the beginning, we will quickly and independently assess the situation and identify all business risks and opportunities. Working closely with the company, we then define the scope and objectives, set key goals and milestones, install an accountability system (Success Factors) and translate this data into a fully integrated, step-by-step plan with time/cost projections (and risk mitigation strategies) which are monitored throughout the turnaround process. Paradyne will always stress the importance of improvement from both a financial and operations perspective. If your strategic plan is failing to move the company, your management team is underperforming or profits are unacceptable, we can help.
Paradyne encompasses all four components of a successful turnaround: Financial, Operational, Strategic and Organizational. We combine the decisive, short-term capabilities of traditional restructuring firms with our proven track record of strategy and operational expertise across multiple industries. Our team of experienced turnaround practitioners takes a hands-on approach to each restructuring situation. We can quickly assess a company's financial health through data-driven competitive and market intelligence, identifying both external and internal drivers of distress and value creation. Paradyne can serve in an advisory, chief restructuring officer or interim management capacity. While other restructuring firms focus on short-term implications, cost cutting and capital structure, our group develops a sustainable, winning turnaround plan by aligning all elements of a successful business model.
- Customer Satisfaction/Employee Morale Surveys
You need to know exactly what your customers think to make savvy product and service decisions. You need to understand your employees to keep productivity high. Paradyne has successfully conducted many surveys across a number of industries. The results of these surveys, and the actions taken after, have dramatically improved both the productivity and profitability of our clients. Contact us for a free consultation on the best survey for your needs.
- Exit Strategies/Succession Planning
Forward-looking firms cultivate new profit improvement opportunities and jump start future growth for the next set of owners to harvest. We can help you as a shareholder and your executive team by identifying the most attractive growth opportunities and putting the company on a path to achieve them. Secondly, by evaluating your optimal exit strategy, whether it is an initial public offering, a merger with a strategic acquirer, a sale to new private equity owners, or a management-led leveraged buyout, We can help in the due diligence process and selling documents and provide you with key strategic alliances in the equity and legal world to achieve your exit goals.
- IPO/Debt vs. Equity/Liquidity Strategies
If it is capital you are seeking and need guidance with regard to your options, talk to us. Paradyne can walk you through the process, provide guidance, and make key strategic introductions for an infusion of capital into your organization. Whether it is a private or public offering, debt or equity, we have the expertise you need to manage the process and understand potential outcomes.
Infrastructure Outsourcing:
Our experts and strategic alliances have significant experience in the following functional specialties:
- Operations Management
- Accounting and Finance
- Information Systems and Technology
- Human Resources
- Legal
In a climate of economic uncertainty, Paradyne will provide you with a cost-benefit analysis to prove that the cost of our services will be less than the cost of maintaining full-time staff in these functional areas.
Executive and Organizational Training:
Our experts offer the following seminars and workshops:
Learn to decrease hours spent in the office and simultaneously increase productivity.
Learn the key traits of leadership, evaluate your own effectiveness and create a plan for improvement.
- Project Management for Beginners
Project Management basics from milestones to GANTT charts. Learn how to meet your deadlines.
Learn to read and understand a Profit and Loss statement. Learn financial basics.
Learn the where, what, when and how's of a start-up.
Not everyone communicates the same. Learn those differences and how to manage communication effectively to get the most from your team.
- Taking Your Company from Good to Great
Learn the basics from Jim Collins bestselling business book Good to Great. Determine your hedgehog and take your company from Good to Great.
- How to Create an Effective Team
Evaluate the current effectiveness of your team and create an action plan to improve it.
- Improving Productivity with Success Metrics
Learn your key Success Factors and develop a system of accountability.
Want to improve sales and increase revenues? Take this workshop and learn how.
Is your work life and home life in balance? Are you achieving your goals personally and professionally? Take this workshop and learn how.
Learn and implement a new model for Leadership and Succession Planning
Depending upon your company's needs, these workshops can be customized to fit your organization. |
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