Applied Business Strategy Managing Director Tom Pratt has been holding periodic “Talks with Tom” virtually to share the firm’s insight into market conditions in these challenging times. Tom is currently planning his next meeting which will be held late this summer. Please contact Tom if you have a topic of interest or would like to be included on our attendee list at Tom.Pratt@appliedbusinessstrategy.com.
We are pleased to announce that Vicki Cromley has joined ABS as Administrative Assistant. Vicki’s background includes 18 years as Executive Assistant to the CEO of the Lamar Hunt family in Dallas, Texas, owners of the Kansas City Chiefs, FC Dallas, Chicago Bulls and a multitude of companies. Vicki has an undergraduate business degree and a master’s degree in Communication from Liberty University.
roviding strategic support to private family business is a request ABS often receives. Recently, ABS was engaged to provide strategic advice by a family owned metal fabrication company. In this role, ABS is providing analysis to support revenue growth in the face of a sharp decline in revenue. The analysis performed involves interviewing potential customers about functionality needs and target prices and redeploying personnel to support revenue growth, among other actions.
Forecasting is an extremely important role in many of ABS’s engagements. Dean Vomero recently earned the Certified Professional Forecaster offered by the Institute of Business Planning and Forecasting. The Institute of Business Forecasting & Planning is a membership organization recognized worldwide as the premier full-service provider of demand planning, forecasting, and business analytics. For more information see https://ibf.org/.
ABS has been engaged by a secured lender to evaluate the financial projections, inventory value and historical financial results for a large original equipment provider in the transportation industry. During this assignment, ABS developed a forecasting methodology in the wake of COVID-19. Please contact ABS for more information about this topic.
We are pleased to announce the completion of the Agent Provocateur case which was filed in the Southern District of New York. ABS served as financial advisor to the Company prior to and during its bankruptcy proceeding. After the Company’s confirmation of a plan of reorganization, Dean Vomero served as the Creditor Trustee.
pplied Business Strategy was recently engaged to provide expert testimony involving a dispute between a large industrial company and an electric utility. ABS was engaged to quantify potential damages arising from service and price issues between the parties.
ABS recently completed an advisory assignment for large money center financial institution. In this role, ABS provided a range of solvency values based on potential claims arising from mortgage back security representation and warranty claims. The matter settled on favorable terms for our client