Mid-Sized Engineering Firm
Mid-Sized Engineering Firm Major Systems Firm Medical Instrumentation Company Telecommunications Firm Consumer Electronics Giant Parmaceutical Firm Global Financial Information Provider Early Stage Software Solutions Firm eBusiness Information Provider Semiconductor Market Leader		Vericours functioned as an outsourced corporate development resource to help the senior management team of a successful engineering firm define, evaluate and develop several new business initiatives. Our client, one of EDN's list of the top 100 design and civil engineering firms, has grown steadily with strong profitability through a three-year down cycle in their market. However, with business conditions improving and several potential new business opportunities emerging, the firm needed to reassess its priorities and clearly focus its energies to realize maximum value from its market position. Using a series of client teams, we helped the company identify a range of new business initiatives, understand market potential and competitive threats, consider alternative approaches, clarify their strategies and develop detailed action plans. This resulted in the creation of a major new practice area, increased efforts to grow a second promising practice, and the decision to spin off a third business unit into a joint venture with another firm. In addition, we led a series of workshops focused on clarifying the most important long term trends in the business, and helped identify and evaluate potential opportunities to expand the firm's market presence and accelerate growth via geographically targeted acquisitions.

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