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- Firm enjoys excellent national reputation
in core services.
- Current customers demanding supplemental
and related programs and services.
- Firm has successfully partnered with
outside resources to satisfy new demands; considering adding
capabilities in-house.
- Competitive pressure on core services
threatens a commodity environment.
- New services offer opportunity for
customization, extended contracts, higher margins.
- Commitment to new service offerings
would require adjustments within the firmnew talent,
new pricing schedules, new administrative support.
- Documented all aspects of core services
to understand reasons for profitability.
- Outlined new service offerings to
identify additional revenue opportunity, strength of customer
demand, additional resource needs.
- Identified and evaluated competitors.
- Firm gained deeper understanding of marketplace
and internal capabilities.
- Expansion postponed because of:
Leadership changes within the firm.
Significant expansion of resources required.
Uncertainty of impact on core service sales and delivery.
Insufficient projected earnings.
Executives gained confidence in critical
thinking, decisiveness skills.
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